BOULDER, Colo., Aug. 14, 2019 /PRNewswire-PRWeb/ -- Inc. magazine today revealed that BONUSLY is No. 482 on its annual Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy's most dynamic segment—its independent small businesses. PopSockets (a Bonusly customer), Greenhouse Software, and many other well-known companies gained their first national exposure as honorees on the Inc. 5000.
"I'm thrilled to share this honor with our incredible team, without whom Bonusly couldn't have achieved such significant year-over-year revenue growth," remarks Bonusly co-founder and CEO Raphael Crawford-Marks. "Our team has more than tripled in size since 2015. With HR and People Ops departments around the world broadening their focus in order to strategically improve the employee experience, we're in a unique position to help facilitate that change by offering a fun and personal platform that drives employee engagement."
Founded in 2013, Bonusly's platform promotes meaningful employee engagement at thousands of companies around the world by leveraging the benefits of public 360-degree recognition, a comprehensive digital rewards catalog, and people insights tools. The company's strong growth is due in large part to its effectiveness as a change agent for company cultures: 32% of Bonusly users reported that they were more satisfied with their jobs after using Bonusly and 45% reported that they were more likely to keep working with their company.
Bonusly's three-year growth of 1,200 percent is above average among the 2019 Inc. 5000, with the average three-year growth coming in at 454 percent, and a median rate of 157 percent. The Inc. 5000's aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
"Companies that made the list, on average, have grown sixfold since 2015. During a stretch when the economy grew just 12 percent, that's a result most businesses could only dream of," says Inc. editor in chief James Ledbetter.
More about Inc. and the Inc. 5000
Methodology
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 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/inc5000.
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. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit http://www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
About Bonusly
Bonusly is a fun, personal recognition and rewards program that enriches company culture and improves employee engagement. With Bonusly, employees can publicly recognize their peers by giving small bonuses that are connected to company core values and add up to meaningful rewards. Bonusly integrates with tools such as Slack, MS Teams, Workday, BambooHR, ADP, Okta, and more. Bonusly has secured three seed rounds of funding from Bloomberg Beta and FirstMark Capital. Learn more at https://bonus.ly
SOURCE Bonusly
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