Clearcover Recognized in Top 3% of The 2022 Inc. 5000 List of Top Private Companies in America
Next generation insurance company named a category leader
CHICAGO, Aug. 16, 2022 /PRNewswire-PRWeb/ -- Clearcover Inc. is one of the fastest-growing privately held companies in America, ranking No. 151 on the annual Inc. 5000 list. The prestigious list has recognized the most successful private companies for 15 years. Today, Clearcover joins the likes of Microsoft, Zipcar and other brands that first made their mark as household names by being recognized by Inc. for revenue growth and innovation.
"It's an incredible honor to be named to the Inc. 5000 list," said Clearcover Co-founder and CEO Kyle Nakatsuji. "Truly, it's the hard work and dedication of the entire Clearcover team that contributed to building the traction needed to reach this milestone. Our next generation approach to insurance technology will continue to challenge the status quo by accelerating innovation as we aim to build the industry's most seamless and efficient insurance experience for our agents, partners and customers."
Clearcover eyes continued exponential growth as it builds on recent momentum. The company currently offers auto policies in 20 states with plans for geographic expansion as the year goes on. Earlier this year, the company launched Car Care, a new customer offering that provides a "digital garage" in the Clearcover app and access to savings up to 40% on auto maintenance at more than 23,000 auto shops nationwide. Car Care is the first offering of the Clearcover Advantage™ benefit that allows Clearcover to offer superior value to customers beyond their car insurance coverage.
"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, editor-in-chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."
The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Among the top 500, the average median three-year revenue growth rate soared to 2,144 percent. Together, those companies added more than 68,394 jobs over the past three years. Complete results of the Inc. 5000 can be found here.
About Clearcover
Clearcover is the next generation insurance company that provides customers with the technology they need to confidently make the smartest decisions at every step. Clearcover is challenging the status quo with hassle-free insurance that redefines what it means to put the customer first, delivering affordable car insurance with the industry's fastest claims. The company was founded in 2016 by Kyle Nakatsuji and Derek Brigham and has raised more than $300 million in funding. For more information, visit Clearcover.com.
About Inc. Media
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 http://www.inc.com.
For more information on the Inc. 5000 Conference & Gala, visit http://conference.inc.com/.
Methodology
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. The top 500 companies on the Inc. 5000 are featured in Inc. magazine's September issue. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.
Media Contact
Rebecca Reese, Clearcover, (603) 305-4155, [email protected]
SOURCE Clearcover
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