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August 16, 2022
Escalon has ranked yet again on the annual Inc. 5000 list, the most prestigious ranking of America’s fastest-growing private companies. This is the fifth time that the leading Essential Business Services (EBS) provider, has landed a spot on the prestigious list, this year ranking 1647 on the Inc. 5000 list, up from position 1884 in 2021. Escalon’s EBS solution is a one-stop shop for all the back-office business essentials that growth-minded companies, like those on the Inc. 5000 list, need, including accounting, bookkeeping, taxes, insurance, payroll, benefits and recruiting. The Inc. 5000 list represents a unique look at America’s most successful independent small businesses. Intuit, Microsoft, Patagonia, Under Armour, Zappos and many other popular companies gained their first national exposure as honorees on the Inc. 5000.
To earn a spot on Inc.’s prestigious list, companies are ranked based on their revenue growth over a three-year period. Helping Escalon to grow so rapidly were its recent acquisitions of Full Stack Finance, a top provider of CFO, controller, accounting and HR services to high-growth firms, and its December 2020 acquisition of Early Growth, a leading provider of CFO, accounting and tax services to venture-backed and soon-to-be venture-backed startups. “We are very pleased to once again be recognized by Inc. magazine on its annual Inc. 5000 list,” said Ruby Sahiwal, CEO of Escalon. “Certainly, this speaks volumes about our efforts over the past year because we moved up almost 200 places on the list. The fact that we are on a growth trajectory shows that our efforts to become the leader in Essential Business Services are paying off.”
Parent company Escalon, in conjunction with Early Growth and Full Stack Finance, is the one-and-done solution for EBS, which comprise FinOps (CFO services, bookkeeping and accounting), PeopleOps (human resources, benefits, recruiting and payroll) and Risk (business insurance). Since acquiring Early Growth and Full Stack Finance, Escalon has become the largest Essential Business Services provider in the nation, helping to optimize the back office for 5,000 business, including VC-bound and VC-backed startups.
Companies named to the 2022 Inc. 5000 are not only successful in their own right, but they have also shown the resilience to withstand buckling supply chains, labor shortages and the continued fallout of the pandemic while continuing to generate impressive revenue growth and serve businesses who rely on their goods and services. “The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated,” reiterated Inc. Editor-in-Chief Scott Omelianuk.
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