For the 2nd Time, Nexton Makes the Inc. 5000, With Three-Year Revenue Growth of 1252%
Nexton Ranks No. 462 on the 2023 Inc. 5000
NEW YORK, August 17, 2023 – Inc. revealed today that Nexton ranks No. 462 on 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 achievement stands as a testament to the collective dedication and unwavering commitment of our team. Our hard work has illuminated our path to success, and for that, we extend our heartfelt thanks to @Inc that recognizes not just our achievement, but the spirit that drives us forward.’ Diego Sternberg - CEO & Co-Founder at Nexton
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, August 23.
'Running a business has only gotten harder since the end of the pandemic,' says 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.”'
'At the pinnacle of success lies our company, a shining example of resilience, innovation, and unwavering determination. Nexton has not only secured a coveted spot on the list but have soared into the upper echelons, firmly nestled within the distinguished top 10%. What sets us apart, however, is not just our placement, but the remarkable journey that brought us here. From day one, we embraced a bootstrap mentality, leveraging our ingenuity and resourcefulness to thrive without external funding. This ethos has not only fortified our financial independence but has been instrumental in ensuring that our team remains unscathed, untouched by the specter of layoffs.
In the midst of a dynamic and ever-evolving landscape, we stand as a testament to stability and growth. Our trajectory has been one of steadfast progress, consistently expanding our horizons while maintaining a resolute commitment to the values that define us. The heart of our success story lies in the cohesion of our team – a diverse group of talents that collaborates seamlessly, fueled by a shared vision. This synergy has fostered an exceptional company culture that celebrates innovation, encourages personal growth, and nurtures a sense of belonging.
Amidst the milestones and accolades, it is crucial to acknowledge the cornerstone of our triumph: our clients and partners. Their trust in us has been an invaluable catalyst, propelling us forward even in the face of uncertainty. The relationships we've built stand as monuments to mutual respect and a shared aspiration for excellence. Their belief in our capabilities has been an integral part of our journey, illuminating the path towards achievement.' say Nexton Founders.
CONTACT:
Nexton Marketing Team - marketingops@nextonlabs.com
More about Inc. and the Inc. 5000
Methodology
Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, slated for October 31 - November 2 in San Antonio, visit http://conference.inc.com/.
