No. 3580 in 2023, With a Three-Year Revenue Growth of 137 Percent
NASHVILLE, Tenn., August 15, 2023 – Inc. revealed today that Inova Payroll ranks No. 3580 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.
“We’re extremely proud to have Inova named to the Inc 5000 fastest growing companies for a 6th time since our inception in 2011,” stated Joseph Schweppe, President and CEO of Inova Payroll. “We owe our consistent growth to our knowledgeable team, our focus on providing superior service, and the lasting relationships we build with our clients and partners.”
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.”
Combining a dedication to employer success with innovative service and technology, Inova provides payroll, HR, and benefits solutions to organizations across the United States. Inova Payroll is nationally recognized for exceptional client support and service, with numerous badges on G2.com, and multi-year Stevie Award wins for customer service. Inova currently serves 5,500 employers, encompassing 250,000 active employees across the U.S. Headquartered in Nashville, Tennessee, Inova has nine additional offices in Arizona, California, Georgia, Missouri, Ohio, Pennsylvania, Tennessee, and Texas. For more information visit www.inovapayroll.com.