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August 24, 2021
Inc. Magazine Reveals Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000
Inc. magazine today revealed that Escalon, leading Essential Business Services (EBS) provider, is No. 1844 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 very pleased to once again be recognized by Inc. magazine on its annual Inc. 5000 list,” said Anurag Pal, CEO of Escalon. “Certainly, this speaks volumes about our efforts as a business and the fact that we are on a growth tregecetory that shows our efforts to become the leader in Essential Business Services are paying off.”
Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year’s list also proved especially resilient and flexible given 2020’s unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 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 www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc., which will be available on newsstands on August 20.
“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” said Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.”
As the leader in the Essential Business Services category, Escalon has established itself as an innovator in helping small businesses, mid-sized businesses, and startups address one of their biggest challenges — – making sure back-office operations, such as accounting, HR, payroll, recruiting and taxes, get done and done right. Escalon recently re-branded itself to better deliver on its brand promise. The new branding of “Escalon. And Done.” assures customers that they can count on Escalon to get the job done when it comes to Essential Business Services.
Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 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 three decimal places. There was one tie on this year’s Inc. 5000. 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.
Since 2006, Escalon has shepherded over 4,000 companies across many verticals and in 22 countries. Escalon has helped businesses grow from one person in the garage to IPO and beyond, and have been named to Inc. Magazine’s Inc. 5000 list four times over the past five years. Escalon provides a one-stop shop for the integrated solutions we call Essential Business Services (EBS). EBS gives clients a seamless, audit-ready solution for Financial Ops, People Ops and Risk.
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 web sites, 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 Vision Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
For more information on the Inc. 5000 Vision Conference, visit http://conference.inc.com/.
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