Every year since 1982, Inc. Magazine has published its Inc. 5000 list to recognize and rank companies according to percentage revenue growth over the previous three-year period. The 2023 Inc. 5000 companies had to have launched and been generating revenue by March 31, 2019. The minimum revenue required for 2019 is $100,000 and the minimum for 2022 is $2 million.
The 2023 list highlights companies that were able to drive significant revenue growth amid inflationary pressures, rising capital costs, and persistent hiring challenges. Despite those headwinds, the average median three-year revenue growth for this cohort was 2,238 percent. Collectively, these companies added 1,187,266 jobs to the economy between 2019 and 2022.
The recognition puts these six BIP Ventures portfolio companies among the top 12% fastest-growing privately-owned companies in the country. Though they range in maturity, size, and sector, these honorees showcase how innovation is shaping how we care for our health, sustain growing enterprises, and enjoy time together.
Clinical decision support company OncoLens earned the 316 spot on the 2023 list. The innovative traction-phase company is using AI to connect data and care teams in an oncology care platform. Their product supports multidisciplinary team collaboration, analytics, and clinical decision support tools to improve cancer treatment plans. Learn more about OncoLens.
For the third year in a row, ShiftMed has earned a spot on the list. The company made massive strides, moving from spot number 1,713 in 2022 to 622 on this year’s list. The recognition is one more accolade for this scaling company, which employs more than 350,000 certified, W-2 healthcare professionals. Their product acts as a bridge between healthcare professionals and more than 2,000 healthcare facilities that need qualified team members. Learn more about ShiftMed.
SkillCycle earned spot number 625 on the list, recognizing this traction-phase startup’s success as a solution for HR leaders. The talent development platform helps companies develop employees through personalized upskilling, coaching, goal-setting, and tracking to elevate performance and revenues. Learn more about SkillCycle.
For the second year in a row, PlayOn! Sports earned a spot on the Inc. 5000 list, this year with a ranking of 1615. The scale-phase company continues to grow as it transforms the high school athletics and activities experience through NFHS Network, GoFan, rSchoolToday and VNN. Learn more about PlayOn! Sports.
Also recognized as an Inc. Best Workplaces list in 2023, Trella Health earned spot number 1698, showcasing their capacity and culture. People are at the center of this scale-phase company that is solving the need of post-acute sales organizations with an integrated source of truth via unmatched market intelligence and a mobile-first CRM. Learn more about Trella Health.
For the ninth time, Mediafly captured a spot on the list, this time at 3258. The continued recognition highlights the steady growth of this scaling company. The revenue enablement company helps top revenue teams at companies across the world – including PepsiCo, Nestle, Databricks, Honeywell, and Sealed Air – to accelerate pipeline growth and close more deals faster. Learn more about Mediafly.
About Inc.
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 reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 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.
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