ShipMonk Lands on Inc. 5000 List for Top US Private Companies for 5th Consecutive Year
They say third time’s a charm, but when you always have your head in the game, who needs charm? Today we’re proud to announce that ShipMonk has made the 2023 Inc. 5000 list of the fastest-growing private companies in America for the FIFTH year in a row!
The annual Inc. 5000 list represents a one-of-a-kind look at America’s most successful, fast-growing private companies within the economy’s most dynamic segments. Many entrepreneurs and incomparable global brands gained their initial national exposure through Inc. 5000, such as Jenny Craig, Mark Cuban, Bill Gates, Chobani, Under Armour, Patagonia, and so many more. We could post a blog a day for weeks and not even scratch the surface of these movers and shakers.
As noted by Inc. Media editor-in-chief Scott Omelianuk, “Being on the Inc. 5000 means you’re among the top 0.07% of companies in the country in terms of growth.”
The Selection Process
As business mogul and renowned investor Kevin O’Leary notes, the annual Inc. 5000 list “starts with around 7 million companies that distills down to about 5000.”
So how does Inc. Media decide those top tier businesses? To start with, companies under consideration must be based in the U.S., privately held, for-profit, and independent—not subsidiaries or divisions of other companies as of December 31, 2021. The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million.
Getting into more specifics, companies on the 2022 Inc. 5000 list are ranked according to percentage revenue growth from 2018 to 2021. Growth rates used to determine company rankings were calculated to four decimal places. Past that, the vision, persistence, and innovative spirit of leaders and companies are also taken into account.
“It takes special skill, serious determination, and smart operating to reach this milestone,” says Scott Omelianuk.
The companies on the 2022 Inc. 5000 list have not only been successful, but have also demonstrated resilience amid supply chain problems, labor shortages, and other fallout from Covid-19.
“The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated,” says Scott Omelianuk. “Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today.”
ShipMonk CEO Jan Bednar and the entire ShipMonk team are proud to join this prestigious list alongside many exceptional entrepreneurs and companies across the country. Being ranked on the list for the fifth year in a row is a testament to our company’s commitment to driving the eCommerce industry forward through technology, first-rate customer service, and creative thinking. Additionally it highlights the hard work of our talented team members across our eleven state-of-the-art locations. Combining their dedication with ShipMonk technology and Bednar’s leadership, our company will continue to strive to help our clients and the eCommerce industry thrive, foster growth, and promote an innovative workplace.
Cheers to more great things to come!
Fifth year in a row on the Inc. 5000 list
Overall ranking on Inc. 5000 list: #618
Ranking in industry: #24 in “Logistics & Transportation”
Overall ranking in Florida (our home base): #62
Ranking in Miami: #32
1,025% Three-Year Growth
Check out the full ShipMonk Inc. 5000 profile here
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
From its inception in 2014, ShipMonk has operated with a singular guiding principle: to help eCommerce businesses scale by offering technology-driven fulfillment solutions that enable growing DTC brands to devote more time to the things that matter most in their businesses. Put simply, ShipMonk helps eCommerce companies “stress less and grow more”. Headquartered in Fort Lauderdale, FL, ShipMonk has more than 2,500 employees across 3PL facilities in Fort Lauderdale, FL, Pittston, PA, Los Angeles, CA, Bay Shore, NY, Las Vegas, NV, Dayton, NJ, Louisville, KY, Ontario, Canada, Tecate, Mexico, the United Kingdom, and Prague, Czech Republic. More information is available at shipmonk.com.