NEW YORK, Aug. 14, 2020 /PRNewswire-PRWeb/ -- Inc. magazine today revealed that Enshored LLC (http://www.enshored.com) is No. 735 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. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
"We are really pleased to be recognized for a second year as one of the fastest growing companies in the US. Our success comes down to our laser-focus on delivering great operational results for our clients. They depend on us and we feel that, and we own it. Much of our growth is coming from organic expansion of existing successful relationships, and then we are also pleased with the number of client referrals we are seeing ? that says a lot about the impression our people and our results leave with our partners. Now that we are well into 2020, we are pleased to say that we have found operating in the new normal of work-from-home and constant teleconferencing to be as efficient in delivering service as we were operating from our offices. We have really shown our adaptability and that we know how to find creative ways to solve problems. We'll look to be back on the Inc 5000 list in 2021 for sure!" ? Ian Jackson, CEO
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.
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 top 500 companies are also being featured in the September issue of Inc., available on newsstands August 12.
"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."
The annual Inc. 5000 event honoring the companies on the list will be held virtually from October 23 to 27, 2020. As always, speakers will include some of the greatest innovators and business leaders of our generation.
Enshored LLC is an outsourcing firm purpose-built to solve the challenges related to scaling disruptive, high growth businesses, delivering proven results by employing our unique agile operating framework and the most highly skilled associates in the industry. Founded in 2014 by Ian Jackson and Jeff Bauer, Enshored operates from three locations in the Philippines and is Headquartered in Long Beach, CA. The company has over 800 employees and works with some of the world's leading technology companies, partnering with them to deliver customer support, back office, content moderation, and sales solutions. The company recently was also awarded a place on the Inc 5000, for 2019, at 607th place, having achieved a 3-year growth rate of 733%.
More about Inc. and the Inc. 5000
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent?not subsidiaries or divisions of other companies?as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 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
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit http://www.inc.com.
For more information on the Inc. 5000 Conference, visit http://conference.inc.com/.
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