We are proud to announce that iuvo Technologies, Boston's premier white-glove IT services and Managed Services Partner, has been named to the Inc. 5000 Fastest Growing Companies list, coming in at number 3640. This marks the fifth consecutive year iuvo Technologies has been recognized by Inc. Magazine and their prestigious list as one of the fastest growing private companies in the nation. Incredibly, just four percent of entrants received the recognition five years in a row!
The Inc. 5000 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.
Thinking about this unbelievable accomplishment, Bryon Beilman, iuvo Technologies’ President & CEO, said “It is quite amazing to make the list for the fifth consecutive year as only about four percent of the companies on the list have made it five times. Growing consistently year after year, creating this compound growth is great, but what this indicates to me is that we are providing a valuable service to the market and consistently delivering that value to our customers. I am truly grateful for our awesome team of ‘iuvonauts’ who do amazing things for our customers and wonderful things for each other.”
Some interesting facts about this year’s Inc. 5000 winners:
- On average companies that made the list grew six-fold since 2015 – the same stretch the economy only grew by 12%
- Only 4% have made the Inc. 500 list five times, like iuvo Technologies has
- Companies achieved an astounding three-year average growth of 454%, and a median rate of 157%
- 2018 aggregate revenue of the Inc. 5000 winners was $237.7 billion, accounting for 1,216,308 jobs over the past three years
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. The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million.
The full Inc.5000 list is available here: www.inc.com/inc5000.
We are, once again, humbled by winning this prestigious honor and thank all of our clients and employees for continuing to make iuvo Technologies such an incredible success story.