RALEIGH, N.C., Aug. 13, 2024 (GLOBE NEWSWIRE) — Incl. announced today that InsightSoftware ranks 2,705th on the 2024 Inc. 5000, the annual list of the fastest-growing private companies in America. The prestigious ranking offers a data-driven look at the most successful companies in the most dynamic segment of the economy – independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia and many other well-known brands gained their first national exposure as Inc. 5000 honorees.
“It is an honor to be named to the Inc. 5000. Our success is largely due to offering a unique and differentiated set of connected solutions for the office of the CFO,” said Mike Sullivan, CEO of insightsoftware. “Our open business data fabric is the foundation of our platform and provides a single source of truth for financial, accounting and operational applications. It differentiates us from other vendors and enables our customers to make more timely and informed business decisions. We remain closely aligned with our customers’ needs and product plans and expect to continue our strong growth trajectory.”
The Inc. 5000 class of 2024 represents companies that have achieved rapid revenue growth while navigating inflationary pressures, rising capital costs and seemingly insurmountable hiring challenges. Among this year’s top 500 companies, the average three-year median revenue growth rate is 1,637 percent. In total, this year’s Inc. 5000 companies added 874,458 jobs to the economy over the past three years.
insightsoftware is the most comprehensive provider of solutions for the Office of the CFO. As a leading global provider of finance, accounting and operations solutions, the company continues to grow rapidly. Insightsoftware was also ranked #20 in Raleigh, #164 in Financial Services and #71 in North Carolina on the Inc. 5000 list. The company’s strategic M&A deals and product launches have been key to these successes. Insightsoftware was formed through the merger of two companies and has acquired 28 companies over the past six years. Recent acquisitions include LeaseAccelerator, FXLoaderAnd FiplanaThe company was also recognized for its growth in the 2023 Deloitte Technology Fast 500™.
“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Incl. as Editor-in-Chief. “As a journalist and storyteller, it’s fascinating to me to see companies transform entire industries in fascinating and surprising ways, from healthcare and AI to apparel and pet food. Congratulations also to this year’s honorees, who grew their companies rapidly despite the economic upheavals we’ve all faced over the past three years, from supply chain issues to inflation to changes in the labor market.”
methodology
Companies on the 2024 Inc. 5000 are ranked by percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be based in the U.S., 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 required minimum revenue for 2020 is $100,000; the minimum revenue for 2023 is $2 million. As always: Incl. reserves the right to reject applicants for subjective reasons. The growth rates used to determine the company ranking were calculated to four decimal places.
About insightsoftware
insightsoftware is a global provider of comprehensive solutions for the Office of the CFO. We believe that an actionable business strategy begins and ends with accessible financial data. With solutions for financial planning and analysis (FP&A), accounting and operations, we transform the way teams work and empower leaders to make timely and informed decisions. With data at the heart of everything we do, insightsoftware enables automated processes, delivers trusted insights, increases predictability and increases productivity. For more information, visit insightsoftware.com.
To Incl.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Incl. aims to inform, educate and raise the profile of our community: the risk-takers, the innovators and the extremely motivated doers who are shaping our future. Incl.‘s award-winning work reaches a monthly brand exposure of more than 40 million people through a variety of channels, including events, print, digital, video, podcasts, newsletters and social media. The company’s proprietary Inc. 5000 list, compiled every year since its inception as the Inc. 100 in 1982, analyzes corporate data to rank the fastest-growing private companies in the United States. The recognition that comes with inclusion on this and other prestigious lists, Incl. Lists like Female Founders and Power Partners give the founders of top companies the opportunity to engage with an exclusive community of like-minded individuals and gain credibility that helps them increase revenue and recruit talent. For more information, visitwww.inc.com.
CONTACT:
Inkhouse for Insightsoftware
[email protected]
Daniel Tummeley
Manager Corporate Communications
[email protected]
