FOR IMMEDIATE RELEASE August 12, 2015
Software Development/System Engineering Firm enVention® Debuts On the Inc. 5000-America’s Fastest-Growing Private Companies
NEW YORK, August 12, 2015 — Inc. magazine today ranked enVention® NO. 1181 on its 34th annual Inc. 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. Companies such as Yelp, Pandora, Timberland, Dell, Domino’s Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 5000.
The 2015 Inc. 5000, unveiled online at Inc.com, is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year growth of 490%. The Inc. 5000’s aggregate revenue is $205 billion, generating 647,000 jobs over the past three years.
“The story of this year’s Inc. 5000 is the story of great leadership. In an incredibly competitive business landscape, it takes something extraordinary to take your company to the top,” says Inc. President and Editor-In-Chief Eric Schurenberg. “You have to remember that the average company on the Inc. 5000 grew nearly six-fold since 2012. Business owners don’t achieve that kind of success by accident.”
Methodology:
The 2015 Inc. 5000 is ranked according to percentage revenue growth when comparing 2011 to 2014. To qualify, companies must have been founded and generating revenue by March 31, 2011. They had to be U.S.-based, privately held, for profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2014. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2011 is $100,000; the minimum for 2014 is $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 http://www.inc.com/5000.
About enVention®:
enVention® specializes in the creation of warfighter automation solutions for military Command, Control and Communications. The privately held firm, founded in 2010, offers an extensive background in working alongside Air and Missile Defense Planning, Situation Awareness & Understanding and Network-Centric Systems, including Cyber threats.
Within the local region, enVention® serves small- and medium-sized businesses, churches and local government agencies throughout Northern Alabama and Middle Tennessee, providing Cybersecurity and Information Assurance services. enVention® earned a prestigious ranking of #18 in the State of Alabama for the 2015 Inc. 5000 with an impressive three-year sales growth of 356% and an added 14 employees.
Among enVention®’s U.S. Army & Program clients: Patriot Battery Command Post (BCP); the Patriot Tactical Command Center (TCS); THAAD Tactical Operations Center (TOC); UAS Gray Eagle’s One Station Ground Control System (OSGCS) and Universal Ground Control System (UGCS).
Other customers comprise the likes of IAMD/IBCS, Current Force Patriot Adapter (CFPA), the Missile Weather Toolkit (MWeT), and CFD Research Corp., with global clientele in the Netherlands, Germany, Israel, Kuwait, the Republic of Korea, Saudi Arabia, Taiwan and United Arabic Emirates (UAE).
As a technology services startup founded by a group of friends & colleagues, the company’s corporate culture maintains a fundamental belief in recruiting young, entrepreneurial software engineering professionals. enVention® focuses on slow, steady growth, one employee at a time, with the belief that quality supersedes quantity.
In fact, since its founding four years ago with two employees, the company continues to regard its team as an extended family—not only encouraging career success, but also an obligation to support employees’ families and an enriched life outside of the workplace. Serving as the ultimate testament: In the four years since enVention® was founded, not a single employee has left the company. It also shares profits through periodic bonuses, while its executive team mentors younger employees and includes them in key company decisions and activities.
enVention® is commandeered by Co-Founders Tina Sudberry Barnes (CEO) and David Ramsden (co-CEO), and Dr. Glenn Weathers (COO).
About Inc. Media:
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. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 13,000,000 today. For more information, visit www.inc.com.
The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation’s most successful private companies has become the hallmark of entrepreneurial success.
