GRANTS PASS, Ore., Aug. 14, 2019 /PRNewswire-PRWeb/ -- Rentec Direct, an industry leader in property management software, announced today that it has been ranked as one of America's fastest-growing private companies by Inc. Magazine's annual Inc. 5000 list. Rentec Direct is honored to be included on this prestigious list among America's most successful companies, with current and past recipients including names such as Microsoft, Dell, Domino's Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow and many other well-known brands.
"Making this list for three years running is beyond exciting since Rentec Direct is a company growing organically without any outside funding or investment," said Nathan Miller, president and founder of Rentec Direct. "It's an honest testament to how much our clients love our software and services. It goes to show that when you follow your vision, focus on client, needs and build a great team - especially when you don't have to answer to any outsiders - you find tremendous success."
Not only have the companies on the 2019 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared to prior years. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000's aggregate revenue was $237.7 billion in 2018, accounting for over 1.2 million jobs over the past three years.
Rentec has 15 employees serving more than 14,000 property managers and landlords nationwide. Rentec Direct's platform helps clients save money by automating common property management tasks. Rentec Direct also offers the easiest solutions for tenants looking to pay rent online and communicate with landlords. Features like these, along with a commitment to usability and customer service, have contributed to Rentec Direct's substantial growth earning the organization recognition on this year's Inc. 5000.
"The companies on this year's Inc. 5000 have followed so many different paths to success," says Inc. editor in chief James Ledbetter. "There's no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities."
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.
About Rentec Direct
Rentec Direct offers industry-leading property management software and tenant screening solutions for real estate professionals. Features include online rent payments, tenant and owner portals, the industry's largest vacancy listing syndication network, full property, tenant, and owner accounting, 1099-MISC reporting, QuickBooks™ Sync and more. Rentec Direct received one gold-level and two bronze-level 2019 American Business Awards, was named on the 2017, 2018, and 2019 Inc 5000 List of Fastest-Growing Private Companies, and the 2017 and 2018 Entrepreneur360 list for Best Entrepreneurial Companies in America. http://www.rentecdirect.com
More about Inc. and the Inc. 5000
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. 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 2015 is $100,000; the minimum for 2018 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. 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
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit http://www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.
SOURCE Rentec Direct