By:Veronika Stasaityte Posted On: Topic:News

Devbridge Group named to Inc. 5000 list for sixth year in a row

For the sixth consecutive year, Devbridge Group has been named to the Inc. 5000 list of the fastest-growing private companies in America.

Inc. magazine revealed the list today, which ranks Devbridge as number 1623. Only six percent of companies have made the list six times.

“If your company is on the Inc. 5000, it’s unparalleled recognition of your years of hard work and sacrifice,” James Ledbetter, Inc. editor in chief, said. “The lines of business may come and go—or come and stay. What doesn’t change is the way entrepreneurs create and accelerate the forces that shape our lives.”

Devbridge Group named to Inc. 5000 list for sixth year in a row

The Inc. 5000 list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Not only have the companies on the 2018 Inc. 5000 been extremely competitive within their markets, but the list as a whole shows staggering growth when compared with prior lists. 

“We’re thrilled to be in this exclusive club: Being on the Inc. 5000 list for six years in a row is something we’re really proud of,” Adam Rusciolelli, vice president of business development at Devbridge Group, said. “It's an award that belongs to the team. It really speaks to our team’s ability to consistently deliver value for our clients. That value is what has driven our sustained growth.”

Devbridge was founded ten years ago with the goal of using technology to empower industries and communities. Since its humble beginnings, the company has seen a 286 percent revenue growth over the past five years. Now, Devbridge is a global tech force with nearly 400 employees, with offices in Chicago, Toronto, London, Lithuania, and Ukraine.

The 2018 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2014. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2017. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2014 is $100,000; the minimum for 2017 is $2 million.

You can check out the complete Inc. 5000 list, including company profiles and an interactive database, at www.inc.com/inc5000.

 

veronika stasaityte

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