For the 2nd Time, Founders Software Appears on the Inc. 5000, Ranking No. 548
Founders Software Ranks in the top 500 on the 2020 Inc. 5000 List at No. 237 with Three-Year Revenue Growth of 1,858%
NEW YORK, August 12, 2020 – Founders Software is proud to announce it has been included Inc. Magazines 2020 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. This is Founders Software’s first time appearing on the list.
“We are so proud of our team for the commitment and tenacity it has taken to augment the exponential growth of our company. This is not only an incredible accomplishment for us, but it is excellent news that impacts and highlights the entire Buffalo, NY region. We are excited to be ranked so highly in such a prestigious periodical, and we are grateful to bring home this accolade to the greater Buffalo area.” – Paul Snyder IV, President
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.
“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.”
To view the Inc. 5000 list in its entirety, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, visit www.inc.com/inc5000.
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 www.inc.com.
About Founders Software
Founded in 2017, Founders Software is an investment holding company that acquires, partners, and works with companies in the transportation, logistics, e-commerce, and technology sectors.
Founders Software is committed to supporting founders, growing our ecosystem, and accelerating growth in a way that strengthens the overall portfolio. We invest strategically in our businesses to ensure our founders have the proper tools and resources to succeed. We focus on our people and spend the time investing in them so they can drive the business forward. We want our businesses to learn from each other and share best practices to evolve together. We give our leaders the tools to succeed, allowing them to develop and grow in their roles.