Inc. 5000 Ranks Praxent among Nation’s Fastest-Growing Companies for the 3rd Year in a Row
August 14, 2019 | Inc. magazine revealed its prestigious Inc. 5000 list today, ranking Praxent No. 2,118 among 5,000 others. While only one in eight companies on the Inc. 5000 make the list more than once, Praxent has now been included on the list three years in a row.
The Inc. 5000 list for 2019 ranks companies according to percentage revenue growth from 2015 to 2018. Over the past three years, Praxent has generated 207% revenue growth, placing the company over 1,000 steps above its previous year’s ranking.
An annual list of America’s fastest-growing private companies, the Inc. 5000 provides a telling look at the independent small business sector — America’s most dynamic economic segment. We are proud to be recognized on a list that once featured Microsoft, Zillow, Pandora, Dell, Domino’s Pizza, LinkedIn, Yelp and many other nationally known names.
“A strategic focus on our strength as a digital innovation agency for service companies, alongside distributed scalability and a commitment to stellar leadership development have been our three keys to growth,” commented CEO and Founder, Tim Hamilton.
Also in August, Praxent was named one of ten Austin-based companies that provides an excellent workplace environment. It’s no coincidence that Praxent continues to earn recognition for culture and work environment alongside accolades for financial growth.
“An optimistic, driven and happy workplace has fueled our ability to persevere and develop over the past 19 years. Our strong company culture truly centers around our core values: Care Deeply, Always Deliver, Never Settle, Do it Together and Own the Outcome,” said Hamilton.
Work at Praxent
We’ve been honored three years in a row on the list of 100 Best Companies to Work for in Texas by the Texas Association of Business, and were selected as one of only 3 finalists in the ACG Central Texas Growth Awards last year.
>> Find out what makes Praxent such an exciting place to work. Check out openings for project managers, UX designers, software engineers, architects and more.
About Inc. 5000 Methodology
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.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today.