The company, ranked No. 43, is recognized as one of the nation's fastest-growing companies with 8,042% 3-year growth
CARLSBAD, Calif., Aug. 17, 2022 /PRNewswire-PRWeb/ -- Today, Inc. revealed that Powur, PBC, a rapidly growing renewable energy platform, is No. 43 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy's most dynamic segment—its independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
This is the third year Powur has ranked on the list, demonstrating extraordinary and sustained growth. In 2020 the company ranked 938 and in 2021 Powur was ranked 61. Powur has continued record-breaking growth year over year, servicing tens of thousands of homeowners in markets nationwide.
"Powur is on a mission to accelerate the adoption of clean energy worldwide," said Powur CEO and founder Jonathan Budd. "Being ranked yet again as one of the country's strongest and fastest-growing companies says we are accomplishing that mission. It speaks to our innovation. It speaks to our dedication. And it speaks to our people. Our team is simply laser-focused on the goal and we won't stop until we've made a dent in the universe."
The companies on the 2022 Inc. 5000 have not only been successful, but have demonstrated resilience amid supply chain woes, labor shortages and the ongoing impact of Covid-19. Powur attributes its success, even amid these challenges, to its unique cloud-based platform model.
"The possibilities for the Powur platform are endless," Budd said. "Access to clean energy solutions should be simple. It should be ubiquitous. And it should be rewarding. We have already innovated and simplified the complex solar industry to bring affordable, customized solutions and savings to our customers and sellers. And I am beyond excited to think about what else we will tackle and what other solutions will come to market with our model, our platform, our people and our vision."
Complete results of the Inc. 5000, can be found at http://www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, which will be available on August 23.
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor-in-chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."
More about Inc. and the Inc. 5000
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 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. The top 500 companies on the Inc. 5000 are featured in Inc. magazine's September issue. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.
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 & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit http://www.inc.com.
For more information on the Inc. 5000 Conference & Gala, visit http://conference.inc.com/.
Founded in 2014, California-based Powur PBC is on a mission to accelerate the adoption of solar energy worldwide. As the first 100% virtual, residential solar company in the cloud, Powur operates an innovative platform model, enabling it to scale quickly and meet the demands of an ever-expanding solar landscape. The company's model ensures that Powur is able to provide affordable and customized solar solutions to homeowners while empowering its network of thousands of independent sales professionals and regionally specialized installation partners. For more information on the company, visit https://powur.com/.
Karissa J. Grant, Powur, 1 8584137536, [email protected]