With three-year revenue growth of 559%, ParentSquare is among America's fastest-growing private companies
SANTA BARBARA, Calif., Aug. 17, 2023 /PRNewswire-PRWeb/ -- ParentSquare, the award-winning unified school-home engagement platform for K12 education, announced it has been named to the Inc. 5000 annual list, the most prestigious ranking of the fastest-growing private companies in America. The list provides a data-driven look at the most successful companies within the economy's most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.
ParentSquare holds the No. 1060 spot on the 2023 list. "We are deeply honored to be included in this list," ParentSquare President and Founder Anupama Vaid said. "It's a testament to the industry-leading technologies we've developed and the great strides we've taken in bridging school-home communication gaps. We remain committed to helping schools enhance their communication capabilities and foster equitable family engagement."
The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. In all, this year's Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.
"Running a business has only gotten harder since the end of the pandemic," said Inc. Editor-in-Chief Scott Omelianuk. "To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future."
ParentSquare achieved a 559% growth in revenue and a staff increase of over 300% from 2019 to 2022. The platform has earned ESSA Level III certification in 2023, which validated that the platform "demonstrates a rationale" for improving student outcomes according to ESSA standards of evidence. In 2022, the platform was selected as a winner in the Tech & Learning Awards of Excellence's secondary education category. It was also honored in the American Consortium for Equity in Education's first-ever Excellence in Equity Awards program, winning the Special Contributions to Equity award.
ParentSquare provides modern family and community engagement solutions for K12 schools. Millions of educators and families in 49 states rely on the multipurpose unified platform that includes mass notifications, classroom communications, school websites, and other communication-based services, all supported by visual dashboards. With ParentSquare's intuitive, two-way communications platform, district and school officials can involve all families and overcome language or socioeconomic barriers, while maintaining the highest standards of privacy and security.
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to http://www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, available on newsstands beginning Tuesday, August 23.
More about Inc. and the Inc. 5000
Methodology
Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 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.
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.'s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit http://www.inc.com.
For more information on the Inc. 5000 Conference & Gala, slated for October 31 - November 2 in San Antonio, visit http://conference.inc.com/.
About ParentSquare™
ParentSquare is the leading provider of modern family and community engagement solutions for K12 schools. Millions of educators and families in 49 states rely on the multipurpose unified platform that includes mass notifications, classroom communications, school websites, and other communication-based services, all supported by visual dashboards. ParentSquare's technology platform features comprehensive integrations with school administrative systems, translation to more than 100 languages, and app, email, text, voice, and web portal access for equitable communication. Founded in 2011, the company is headquartered in Santa Barbara, CA. Learn more at https://www.parentsquare.com.
Media Contact
Charlotte Andrist, Nickel Communications, 7703105244, [email protected], https://nickelcommpr.com/
SOURCE ParentSquare
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