Praxent Listed on Inc. 5000 List of America’s Fastest-Growing Private Companies for Fourth Year
For the 4th time, Praxent appears on Inc. Magazine’s Inc. 5000, ranking number 1,782 with three-year revenue growth of 240%.
Inc. magazine recently revealed that Praxent is number 1,782 on its annual Inc. 5000, 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. Many well-known names gained their first national exposure as honorees on the Inc. 5000.
This is the fourth year Praxent has made the list, which is atypical for a business of any size. Companies on this year’s list have been very competitive within their markets, and the 2020 list as a whole shows staggering growth compared with previous lists.
“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.”
Praxent is a leader in digital innovation, and has spent the past 20 years helping companies to disrupt themselves and their industries. Praxent has delivered more than 300 projects to clients to date, and recently pivoted to focus on a new strategic specialization in financial services. They partner with clients across financial services including insurance, lending, wealth management, real estate and beyond to help them create outstanding, innovative digital customer experiences. Praxent empowers clients to gain the competitive advantage they need to succeed.
More About the Inc. 5000
Inc. is a trusted business-media brand that offers entrepreneurs the knowledge, tools, connections, and community to build great companies. 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 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. The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million.