Inc. magazine today revealed that DigitalCrafts is No. 1177 on its annual Inc. 5000 list, an annual ranking of the nation’s fastest-growing private companies. DigitalCrafts appears on the list for the second year running, boasting a three-year revenue growth of 384 percent.
The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Zillow, Zappos, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“It’s an honor to be a part of the Inc. 5000 along with so many outstanding companies,” says DigitalCrafts CEO and co-founder Jake Hadden. “We’ve always worked hard to deliver a high-quality educational experience to our students, and our team strives every day to help students achieve their career goals.”
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 more than 500%, and a median rate of 165%. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for more than 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.”