Velocify Ranks No. 2023 on the 2013 Inc. 500|5000 with Three-Year Sales Growth of 185%
Los Angeles – Aug. 22, 2013 – Inc. magazine today ranked Velocify, formerly Leads360, the market-leader in cloud-based intelligent sales automation software, No. 2023 on its seventh annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Velocify joins Marketo, LivingSocial, CDW and Lifelock, among other prominent brands featured on this year’s list.
“We are honored to be recognized as one of the fastest growing U.S.-based companies by the Inc. 500/5000 list and see it as strong validation of our team’s efforts to improve our customers’ sales performance,” said Nick Hedges, president and CEO at Velocify. “We believe that current market conditions, technology and societal transformations, and our innovative solutions put us in a unique position to continue to build on the momentum created the last few years to reach new heights as a company and push our segment to the next stage of its evolution.”
Velocify provides intelligent sales automation solutions that help improve efficiency and performance of sales teams that operate in fast-paced industries. Velocify is designed to automate and accelerate sales response, enforce selling best practices, facilitate prospect prioritization and maintain customer engagement from initial contact through conversion. Velocify also provides a rich reporting environment, enabling sales managers to gain additional insight into the pipeline to ensure that sales reps maximize their efforts.
In a stagnant economic environment, the median growth rate of 2013 Inc. 500|5000 companies was an impressive 142 percent. The companies on this year’s list report having created over 520,000 jobs in the past three years, and aggregate revenue among the honorees reached $241 billion.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000/list/2013.
The 2013 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2009 to 2012. To qualify, companies had to be founded and generating revenue by March 31, 2009. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2012. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2009 was $100,000; the minimum for 2012 was $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/inc5000/list/2013.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit www.inc.com.
Velocify, formerly Leads360, is a market-leading provider of cloud-based intelligent sales software, designed for high-velocity sales environments. Velocify helps sales teams keep pace with the speed of opportunity and improve conversion rates by driving rapid lead response, increased selling discipline, improved productivity, and actionable selling insights. The company has helped more than 1,500 companies across a variety of industries improve customer acquisition practices and sales performance. Velocify was recently recognized as one of the fastest growing companies in North America by Deloitte and a Best Place to Work by the Los Angeles Business Journal. For more information please visit Velocify.com or follow the company on Twitter @Velocify.