Odessa, a provider of technology solutions for asset finance, announced it has been named to the prestigious Inc. 5000 list for the fifth consecutive year. The list honors the 5,000 private companies in America with the most robust year-over-year growth. Since the list first launched in 1982, only 4% of companies have made the list at least five times — and less than 1% of companies have made it five years in a row, as Odessa has now done — a testament to long-term growth at a breakneck pace.
Nor is Odessa resting on its laurels. The company is targeting three specific means of organic growth: continued expansion internationally, servicing the auto finance industry, and supporting the asset finance industry’s addition of as-a-service offerings to traditional equipment leases. These investments will allow Odessa to continue growing at a fast clip.
“Odessa’s consistent growth is a testament to the profound investments we’ve made in our team and technology,” said Eric Bernstein, CEO. “But we’re just getting started. By expanding our offerings to the auto sector, increasing our international footprint, and pioneering equipment finance’s as-a-service offerings, we will help our customers unlock their next phases of growth, which will enable the same for us.”
In April, Odessa launched Odessa Auto, an origination platform and the first part of a full-service end-to-end auto finance suite. Odessa Auto tailors Odessa’s full breadth of finance, leasing, and as-a-service usage solutions to the auto finance industry. Auto finance veteran Bob Johnson, Odessa’s Executive VP of Auto Finance, is leading the charge.
On the as-a-service front, Odessa continues to add software enhancements that enable clients to offer flexible financing solutions such as pay-per-use, which allows an equipment lessee to pay for equipment as it is used instead of on fixed terms. Pioneering solutions for that model is critical to keeping up with the pace of innovation in equipment finance as it follows so many other sectors of the economy into the SaaSification of traditional services.
Most recently, Odessa tapped Nate Montgomery, former BNY Mellon head of global sales, as Chief Revenue Officer to spearhead the global sales team and accelerate the company’s international expansion. Odessa recently bolstered the company’s sales leadership and secured several notable clients in Europe and Asia, along with a new office opening in Belgrade, Serbia. Montgomery is leveraging deep fintech and global sales experience to power Odessa’s global expansion.