ATLANTA, Ga., Feb. 07, 2019 /PRNewswire-PRWeb/ -- TechCXO®, a pioneer and leading provider of industry-relevant, fractional and interim executives and teams, today announced record year-over-year services revenue growth, gross margins and profitability. The firm also said it delivered significant growth in key markets for its core services, added key new partners, assisted in a number of successful client exits and capital raises, and launched successful new services, including: Recruiting, Technical Accounting Advisory, Digital Transformation, Executive Coaching, and IT Security (Chief Information Security Officer or CiSO-As-A Service).
During the year, TechCXO was also named to the 37th annual Inc. 5000, the most prestigious ranking of the nation's fastest-growing private companies, for the 10th straight year. TechCXO is one of only 39 companies on the list of 5000 to have appeared 10 or more times.
"We delivered another great year, including our eighth straight year of significant services revenue growth," said Kent Elmer, TechCXO's Managing Partner. "We added more than 175 new clients, and, more importantly, we were honored to partner with many clients to achieve their goals whether that took the successful market entry/expansion, capital raising or exit transaction. I'm especially gratified with our leadership in assisting female-founded startups. Our success is a credit to our remarkable partners and associates, and their dedication to their clients. We are looking forward to continued expansion in 2019."
2018 ANNUAL RESULTS HIGHLIGHTS
- Double-digit Revenue growth of 21% to more than $23M
- More than 175 New Clients Added
- Leadership in assisting female-founded startups
- Significant partner growth in Atlanta, Boston and New York; New Offices in Minnesota and San Diego
ABOUT TECHCXO
TechCXO is a pioneer in providing high potential companies across the country with industry-relevant fractional and interim executives on-demand. More than 750 companies, from startups to the Global 1000, have entrusted TechCXO to help with their critical functions by calling on TechCXO executives as their CFOs, COOs, CSO, CTOs, CMOs and other executive roles. TechCXO's three major practice areas are: Finance & Operations, Sales & Marketing and Product & Technology. TechCXO has appeared on the Inc. 500/5000 Fastest Growing Private list every year since 2008. For more information about the firm, please visit https://www.techcxo.com.
SOURCE TechCXO
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