Inc. revealed Leasepath ranks in the top half of the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000. This is the 2nd year in a row that Leasepath has made the list, moving up from 3404 in 2022 to 2421 in 2023. Also noteworthy was the rank of 317 in the Inc. 5000 software category.
“Being recognized for a second consecutive year in the Inc. 5000 list is a tremendous moment reflecting the impact Leasepath is having for our partners in the equipment finance industry,” said Jeffrey Bilbrey, CEO of Leasepath. “They trust us to deliver compelling value in the form of innovative technology that empowers the best commercial finance experiences, and in turn this has fueled our growth to rise on the Inc 5000 list of fastest-growing companies in America.”
The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, available on newsstands beginning Tuesday, Aug. 23.
“Running a business has only gotten harder since the end of the pandemic,” said Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”
“We work every day to help our customers win easier, risk less, and profit more,” said Bilbrey. “Our passion in advancing pioneering technology for the equipment and asset finance industry is only matched by our partners who are equally passionate about delivering a unique and superior experience to their customers. Bringing industry-first digital innovations to equipment finance is driving success for our customers. And that is driving success for Leasepath, because we know that the only way we win is by focusing on what our partners’ need to win.”