Inc. magazine unveils its 2023 annual list of America’s fastest-growing private companies with TechnoMile at No. 3,721
Tysons, Virginia, August 16, 2023 – TechnoMile, a leading provider of transformative cloud solutions that empower companies to find, pursue, win, and retain more business with the government from go-to-market through contract closeout, today announced it has been recognized by Inc. magazine as one of the nation’s fastest-growing private companies, earning the No. 3,721 ranking on the prestigious Inc. 5000 list for 2023. This is the second consecutive year that TechnoMile has been included, a feat that only 19 percent of companies that have been recognized on the Inc. 5000 list have achieved. 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 very honored that TechnoMile was included on the Inc. 5000 list for a second year in a row. I’m so proud of our team’s hard work and commitment to delivering innovative software that helps companies doing business with the government accelerate digital transformation and modernize their operations,” said Ashish Khot, CEO, TechnoMile. “TechnoMile’s sustained revenue growth is a testament to the value that government contractors and aerospace and defense companies realize from our industry-specific CRM, market and contact intelligence, and contract management solutions that allow them to address the unique complexities of selling to the federal government alongside their commercial business needs. From rapidly-growing 8(a) companies to the leading defense and IT contractors, our technology enables these organizations to more efficiently win business, strengthen compliance and risk management, and gain AI-driven insights.”
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.
“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.”
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.
More about Inc. and the Inc. 5000
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.
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.
From go-to-market to contract closeout, TechnoMile provides transformative cloud solutions that empower companies to find, pursue, win, and retain more business with the government. Using TechnoMile’s best-in-class cloud platform, companies optimize BD and capture processes, source market and contact intelligence, automate and de-risk the contract lifecycle, foster stronger relationships with partners/suppliers, and gain an information advantage that elevates enterprise performance. TechnoMile serves more than 200 clients ranging from growing small businesses, to mid-market organizations, to Fortune 500 companies, including over half of the top 10 federal defense contractors and 50 percent of the top 10 IT government contractors. For more information about TechnoMile, visit technomile.com or follow us at linkedin.com/company/technomile.