For the 4th Time, Venn Technology Makes the Inc. 5000,
at No. 4860 in 2024, With Three-Year Revenue Growth of 102% Percent
NEW YORK, August 13, 2024 – Inc. revealed today that Venn Technology ranks No. 4860 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.
“Every time we make the Inc. 5000 list, I can't help but think back to those early days when it was just me wearing all the hats. Now, here we are, four years in a row on this prestigious list, and I'm honestly blown away. It's not just about the numbers or the recognition – it's about the incredible journey we've been on together. We've always believed in being more than just a service provider – we strive to be true partners to our clients, and that approach has made all the difference," said Scott Hollrah, Venn Technology Founder and CEO
The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate is 1,637 percent. In all, this year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the new issue of Inc. magazine, available on newsstands beginning Tuesday, August 20.
“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief. “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year's honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.”
Hollrah remains positive about the future of Venn Technology adding, “As I look around at what we've built, I'm filled with pride and excited about where we're headed. We're going to keep pushing, keep innovating, and keep having fun while we're at it. Here's to many more years of growth, teamwork, and success – not just for us, but for every client we have the privilege to work with.”
About Venn Technology
Venn Technology is an award-winning professional services firm that partners with midsize organizations and software publishers to implement systems and automate workflows that free people to focus on what they are best at. With expertise in accounting, ERP, and CRM integrations, our pre-built and custom workflows are designed to put an end to siloed processes—saving clients time and money by eliminating error-prone, time-robbing manual operations that cause continual frustration and put organizations at risk. Our mission: Integrate, automate, be free!
CONTACT:
Melissa Bell, Director of Marketing
(214) 612-0490
marketing@venntechnology.com
More about Inc. and the Inc. 5000
Methodology
Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.
About Inc. Media
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, to be held from October 16 to 18 in Palm Desert, California, please visit http://conference.inc.com/.
