December 20, 2022
AdvisoryCloud is honored to announce that is has been recognized on Inc. Magazine’s annual Inc. 5000 list, the most prestigious ranking of America’s fastest-growing private companies. AdvisoryCloud ranked #615 for its staggering growth rate of 713% over the last three-year period.
“It’s an honor to be recognized once again by the Inc. 5000 and ranked alongside so many remarkably innovative businesses,” said Jonathan Aspatore, CEO and founder of AdvisoryCloud. “The last year has seen a lot of automation in our business, enabling us to focus our efforts on developing ways to give professionals the potential to monetize their knowledge and time as an advisor, while at the same time making it easier than ever before for companies of all sizes and in every corner of the world to hire advisors.”
The 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.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
“Our growth is a testament to our amazing team that has adapted as our business has transformed into where we are today. It’s taken a lot of years to get the product right, but this ranking is further validation that we have taken the right steps and solidified our position in the market,” said Aspatore. “It's rewarding to be on the leading edge of the new gig economy by providing a platform where executives and companies can connect for advisory work.”
This year’s Inc. 5000 companies achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. Together, the Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
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