NEW YORK, Feb. 21, 2020 /PRNewswire-PRWeb/ -- Inc. magazine today revealed that Enshored is No. 56 on its inaugural Inc. 5000 Series: California list, the most prestigious ranking of the fastest-growing California-based private companies. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the California economy's most dynamic segment—its independent small businesses.
"We are delighted to see Enshored feature so high up the inaugural ranking of fast-growing California companies. Our team can be very happy in the efforts and result. Many surveys indicate that California is a difficult State to operate from. We've been really well supported here and have found many of our clients locally - drawn to the creativity and positive, open attitudes that California is famous for. While we aspire to continue our growth globally, we'll always be a Californian company" - Ian Jackson, CEO
The companies on this list show stunning rates of growth across all industries in California. Between 2016 and 2018, these 250 private companies had an average growth rate of 422 percent and, in 2018 alone, they employed more than 49,000 people and added $5.6 billion to the California economy. Companies based in the largest metro areas—Los Angeles, the Bay Area, and San Diego—brought in the highest revenue overall.
Complete results of the Inc. 5000 Series: California, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/inc5000-series-california-2020 starting February 19, 2020.
"The companies on this list demonstrate just how much the small-business sector impacts California's economy," says Inc. editor in chief Scott Omelianuk. "Across every single industry, these businesses have posted revenue and growth rates that are beyond impressive, further proving the tenacity of their founders and CEOs."
The Inc. 5000 Series: California Summit & Awards event to honor the companies on the list will take place on Tuesday, May 12, 2020, at The LINE Los Angeles (3515 Wilshire Blvd., Los Angeles, California 90010).
Enshored LLC is an outsourcing firm purpose-built to solve the challenges related to scaling disruptive, high growth businesses, delivering proven results by employing our unique agile operating framework and the most highly skilled associates in the industry. Founded in 2014 by Ian Jackson and Jeff Bauer, Enshored operates from three locations in the Philippines and is Headquartered in Long Beach, CA. The company has over 650 employees and works with some of the world's leading technology companies, partnering with them to deliver customer support, back office, content moderation, and sales solutions. The company recently was awarded a place on the Inc 5000, for 2019, at 607th place, having achieved a 3-year growth rate of 733%.
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More about Inc. and the Inc. 5000 Regional Series
Methodology
The 2020 Inc. 5000 Regional Series is ranked according to percentage revenue growth when comparing 2016 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2016. 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 2016 is $100,000; the minimum for 2018 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
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 is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit http://www.inc.com.
SOURCE Enshored
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