August 15, 2023 • Announcements
City Innovate recognized for 430% growth over 3 years by Inc. Magazine
We are thrilled to be recognized by Inc. Magazine for our incredible growth over the last three years.
With three-year revenue growth of 430%, we are told that we rank No. 1350 among 5,000 of America’s fastest-growing private companies.
Of course, we could not have gotten here without the support and backing of the incredible government agencies that depend upon us for Document Process Automation for all their procurement, contracts, grants, and budget planning/change request needs.
The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.
The Inc. 5000 class of 2023 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 ticked up to an astonishing 2,238 percent. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.
To learn more, please see our press release.