Tipalti Named to Inc. 5000 Fastest Growing Companies
Accounts Payable Automation Technology Leader Ranked #1559 Among All Companies
Tipalti, the leader in global payables automation and mass payments, has been honored for its extraordinary journey of growth as one of Inc. Magazine’s 5000 fastest growing companies. It’s our first year in which we applied, and we’re ranked #1,559.
“It’s an incredibly prestigious honor,” says CEO and co-founder Chen Amit. “From our early days, when Tipalti was just an idea, to today, where we have hundreds of customers and millions of payees, the Inc. 5000 award is another wonderful recognition for the enormous amount of work our team does and continues to do. It’s also a great benchmark as we continue to grow and look to transform payables for everyone.”
Adds Chen: “It’s also exciting that many of the companies we’ve joined on the Inc. 5000 are exactly the kind of companies we serve: fast-growing, globally-focused, and masters of execution.”
“If your company is on the Inc. 5000, it’s unparalleled recognition of your years of hard work and sacrifice,” says Inc. editor in chief James Ledbetter. “The lines of business may come and go, or come and stay. What doesn’t change is the way entrepreneurs create and accelerate the forces that shape our lives.”
This is the 37th year of Inc. Magazine’s list. The list represents Inc.’s editors’ perspectives around the most successful companies within the American economy’s most dynamic segment: independent small and midsized businesses.
Some stats from the list:
|Average 3-year growth of companies on list||538.2%|
|Aggregate revenue of all 5,000 companies||$206.1B|
|Jobs added in last 3 years||664,095|
The 2018 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 to 2017. To qualify, companies had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies. The entire Inc. 5000 list can be found at http://www.inc.com/inc5000.