(PRWEB) August 18, 2015
InsureMonkey, one of the nation’s leading providers of private exchange technology for the healthcare industry, announced today that Inc. Magazine ranked the company number 79 on its annual 5000, an exclusive ranking of the nations fastest growing private companies. InsureMonkey also ranks number 1 in Nevada and number 9 among software companies in the U.S.
The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Companies such as Intuit, Zappos, Under Armour, Microsoft, Oracle, and many other well-known names gained early exposure as members of the Inc. 5000.
“We are honored to be included on this prestigious list and ranked among great innovators and forward-thinking companies that are changing industries,” said Alex Rivlin, Chief Executive Officer of InsureMonkey. “The demand for private health insurance exchange technology continues to grow and we are committed to helping more companies deliver personalized consumer experiences in healthcare.”
The 2015 Inc. 5000 (available on newsstands August 18 to September 22) 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. 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 http://www.inc.com/inc5000.
"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."
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 like InsureMonkey 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 InsureMonkey, Inc.
InsureMonkey is a leading provider of private health insurance exchange technology. Its cloud-based software platform enables insurers to power their own branded online exchanges, delivering a personalized, anywhere/anytime consumer experience and redefining consumer value. It mitigates some of the industry’s toughest data challenges, integrating seamlessly with existing insurer systems and measurably reducing administrative costs. With its state-of-the-art solutions, insurers can enable new models to maximize the member experience, promote better health outcomes, and lower the cost of care.
InsureMonkey is a privately held company based in Las Vegas. To learn more, visit InsureMonkey.com.
About Inc. Media
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. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://www.inc.com/.