New York – August 15, 2023 – Today, Inc. revealed that DataArt has been named to the annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America, making DataArt a 12-time Inc. 5000 honoree. DataArt ranked this year at No. 3559 with a 139% 3-year growth rate.
The list represents an unparalleled look at the most successful companies within the economy’s most dynamic segment — its independent businesses. Facebook, Under Armour, Microsoft, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
Eugene Goland, CEO of DataArt says:
“We are thrilled to make this year's Inc. 5000 list and are humbled to be alongside other great companies that continue to grow in these unstable times. We focus on fueling client growth, expanding our service offerings, and investing in talent. We continue to execute well thanks to an incredible team and our unique people-centered corporate culture, which is practiced, not just preached.”.
The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year's top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this year's Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.
Inc. editor-in-chief Scott Omelianuk says:
“Running a business has only gotten harder since the end of the pandemic. To make the Inc. 5000 - with the fast growth that requires - is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”
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 https://www.inc.com/inc5000/2023
More about Inc. and the Inc. 5000
Methodology
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. The top 500 companies on the Inc. 5000 are featured in Inc. magazine’s September issue. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.
