PlanHub Ranks No. 50 on Inc. Magazine's List of the Southeast Region's Fastest - Growing Private Companies

WEST PALM BEACH, Fla., March 15, 2022 /PRNewswire-PRWeb/ -- Inc. magazine today revealed that PlanHub is No. 50 on its third annual Inc. 5000 Regionals Southeast list, the most prestigious ranking of the fastest-growing private companies based in Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, Puerto Rico, South Carolina, and Tennessee. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Southeast region economy's most dynamic segment–its independent small businesses.

"We are thrilled to be named one of the fastest-growing companies in the Inc. Southeast Region," said Ro Bhatia, PlanHub CEO. "I am proud of the incredibly hardworking team members at PlanHub that have made ranking in the top 50 possible. Our recent growth has been incredible, but this is just the beginning as we continue to deliver great new software solutions for general contractors, subcontractors, and suppliers to connect, collaborate and grow their businesses."

The companies on this list show a remarkable rate of growth across all industries in the Southeast region. Between 2018 and 2020, these 173 private companies had an average growth rate of 147% percent, and, in 2020 alone, they added 27,794 jobs and nearly $4.9 billion to the Southeast region's economy. Companies based in the Miami, Florida, Fairhope, Alabama, and Covington, Louisiana, areas had the highest growth rate overall.    

Complete results of the Inc. 5000 Regionals Southeast, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/southeast starting March 15, 2022.

"This year's Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America's off-the-charts growth companies. They're disrupters and job creators, and all delivered an outsize impact on the economy. Remember their names and follow their lead. These are the companies you'll be hearing about for years to come," says Scott Omelianuk, editor-in-chief of Inc.

About PlanHub
PlanHub is the leading cloud-based pre-construction bidding platform that enables General Contractors, Subcontractors, and Suppliers to connect and collaborate on construction projects across the US. PlanHub was created by contractors, for contractors, to simplify the construction bidding process with an easy-to-use application – a hub where a vibrant community of construction professionals can work together to efficiently tackle new projects and stay connected. https://planhub.com

About the Inc. 5000 Regionals

Methodology
The 2022 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2018 and 2020. To qualify, companies must have been founded and generating revenue by March 31, 2018. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2020 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.

Media Contact

Jay Woolley, PlanHub, 8019186456, [email protected]

SOURCE PlanHub