For the 3rd time, Velocity Advisory Group Appears on the INC. 5000, Ranking No. 4178 With Three-Year Revenue Growth of 68 percent
Inc. Magazine Reveals Annual List of America's Fastest-Growing Private Companies--the Inc. 5000
PHILADELPHIA, Aug. 20, 2021 /PRNewswire-PRWeb/ -- This week, Inc. magazine revealed that Velocity Advisory group is No. 4178 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. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
"Being named on the Inc. 5000 for the 3rd time is both an honor and a great indicator that we continue to accomplish our mission to make a difference and accelerate client success," said Dave Fechtman, CEO of Velocity Advisory Group. "With today's rapidly changing workforce models and regular ambiguity, our clients depend on us for their leadership optimization, organizational culture, and strategic consulting needs. I am grateful to our clients for their trust and the dedication displayed by our team as we continue to grow Velocity and expand our impact."
Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year's list also proved especially resilient and flexible given 2020's unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 jobs over the past three years.
"The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled," says Scott Omelianuk, editor-in-chief of Inc. "Building one of the fastest-growing companies in America in any year is a remarkable achievement.
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 top 500 companies are featured in the September issue of Inc., which will be available on newsstands on August 20.
ABOUT VELOCITY ADVISORY GROUP
Velocity Advisory Group delivers strategic support and development opportunities that senior leaders need to align their teams and lift their organization. The Velocity team brings extensive experience in strategic consulting, executive coaching, and developing talent through intentional culture initiatives and people insight technology. For over 12 years, they have been committed to building momentum across organizations by equipping leaders with the tools and intelligence needed to elevate culture, eliminate inefficiencies, and propel strategic action. Learn more at http://www.velocityadvisorygroup.com.
MORE ABOUT INC. AND THE INC. 5000
Methodology
Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 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 three decimal places. There was one tie on this year's Inc. 5000. 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
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multi-platform content reaches more than 50 million people each month across a variety of channels including web sites, 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 Vision Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit http://www.inc.com.
Media Contact
Lauren Carlson, Velocity Advisory Group, +1 7753910687, [email protected]
SOURCE Velocity Advisory Group
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