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Ellevate Network Claims Spot on Inc. Magazine’s List of America’s Fastest-Growing Private Companies – the Inc. 5000
Ellevate Network recognized for three-year revenue growth of more than 100%
NEW YORK(PRWEB) August 19, 2019
Ellevate Network, the leading community for women at work, announced today that Inc. magazine has named it on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
Ellevate’s revenue growth has been driven in part by the company’s regional footprint with more than 40 chapters around the world as well as innovative online programs such as Ellevate Squads, which look to disrupt the way we develop professional connections in a digital world. Ellevate Squads are small, diverse groups of professional women at similar points in their careers, who are looking for support, opportunities to mentor others, and a place to build the kinds of relationships that are proven to make a difference. In this 12-week program, women will learn from one another, make progress toward their goals, and find a group that will hold them accountable for creating their own version of success.
“I’m extremely proud of Ellevate Network’s inclusion in the Inc 5000. As a community for women who are looking to change the culture of business, we believe there is strength in numbers and the more our community grows, the faster we can create a business world that is more inclusive,” said Kirsty Wallace, CEO of Ellevate Network. “Ellevate’s growth is a clear testament to the need for communities in which women can find others who they can trust and turn to for advice, referrals, and connections to a multitude of business opportunities.”
Not only have the companies on the 2019 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/inc5000.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
The annual Inc. 5000 event honoring the companies on the list will be held October 10 to 12, 2019, at the JW Marriott Desert Ridge Resort and Spa in Phoenix, Arizona. As always, speakers include some of the greatest innovators and business leaders of our generation.
About Ellevate Network:
Ellevate Network is a community of professional women committed to helping each other succeed. We believe that when ambitious professional women get more opportunity — to have a voice in important conversations, to have a seat at the table where decisions are made, to steer our collective economic power towards that which we care about — it ultimately benefits everyone, and leads to a more equal world. Ellevate also works with companies committed to diversity and inclusion and has a proven track record of changing business culture from the inside out. For more information go to https://www.ellevatenetwork.com
More about Inc. and the Inc. 5000
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit http://www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.