We owe our continued growth to their hard work and the strong word-of-mouth endorsements of our amazing customers. -- David Feyereisen, President, Aladtec Inc.
NEW YORK (PRWEB) August 14, 2019
Inc. magazine has released its 38th annual Inc. 5000 list, a ranking of the fastest-growing private companies in the United States. River Falls-based Aladtec, Inc. moved 169 spots, shifting from No. 3099 last year to No. 3268 this year. The company ranked No. 3197 in 2015.
Only 4 percent of businesses on the Inc. 5000 have achieved the accolade of appearing on the list five times. Aladtec recorded 128 percent growth over the last three years with 2018 revenue of $6.8 million.
The annual list highlights the most successful independent small businesses based on growth. Previous companies who are now household names that once appeared as honorees on Inc. 5000 include Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many others.
Ranking number one this year is Freestar, a four-year-old Phoenix firm that sells solutions and services to help publishers make more money online. It recorded $ 36.9 million in 2018 revenue with 40 employees.
"It’s an honor to achieve the Inc. 5000 list for the fifth year in a row,” said Aladtec’s founder and president David Feyereisen. “We try to provide public safety and healthcare organizations with a world-class workforce management solution at a price any department can afford. Our staff is dedicated to that goal. We owe our continued growth to their hard work and the strong word-of-mouth endorsements of our amazing customers.”
Aladtec was founded in 2005 and is headquartered in River Falls, Wis., 30 miles southeast of Minneapolis- St. Paul. The firm provides online employee scheduling and workforce management software to more than 2,300 law enforcement, fire, EMS, dispatch, and healthcare organizations across the U.S. and Canada -- including 188 in Wisconsin. More than 145,000 people use the system, and nearly a billion hours have been scheduled using Aladtec.
Aladtec currently employs 51 people -- engineers, sales and support personnel -- who are continually updating the SaaS (software as a service) product. For information about Aladtec’s affordable industry-specific options, or for a free trial, visit http://www.aladtec.com.
Complete results, 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/list/2019.
Link to Aladtec’s profile page on Inc.com: http://www.inc.com/profile/aladtec
Methodology behind Inc. 5000
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 to 2018. To qualify, companies must have been founded and be generating revenue by March 31, 2015. Each had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of Dec. 31, 2018. (Since then, some companies on the list have gone public or been acquired.) The minimum revenue required for 2015 was $100,000; the minimum for 2018 was $2 million. 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/inc5000.
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