We’re excited to announce that five BIP Capital portfolio companies have ranked in this year’s Inc. 5000 list of America’s fastest-growing private companies. These companies include AchieveIt, DemandJump, LeaseQuery, Tricentis, and Tropical Smoothie Café.
The full Inc. 5000 list can be viewed online at Inc.com.
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
At BIP Capital, we’re honored to work closely with the entrepreneurs in our portfolio companies to help fuel results and make their vision a reality.
“It’s inspiring to see our portfolio companies being recognized by Inc. as it validates the hard work and dedication of their founders, managers and teams,” said Mark Buffington, CEO of BIP Capital. “Partnering with these innovators is an honor and privilege and we offer our sincere congratulations for jobs well done.”
We look forward to seeing even more of our portfolio companies on Inc.’s lists down the road.
Complete results of the Inc. 5000, including company profiles and an interactive database, sortable by industry, region and other criteria, can be found at Inc.com.