Inc. Magazine today named ClassWallet as number 779 on its Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies based in the U.S.
ClassWallet earned this recognition by achieving 916% revenue growth between 2018 and 2021 while increasing its employee headcount from 23 to 84. In Inc. 5000 subcategories, the company ranked number 74 and 39 among firms located in Florida and Miami, respectively, and 56 in the financial services sector nationwide.
Since 1982, the Inc. 500, which was expanded to the Inc. 5000 in 2007, has recognized the fastest-growing privately held companies in the United States. The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages and the ongoing impact of Covid-19.
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," said 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."
To keep up with its rapid-paced growth, ClassWallet recently completed a move into new office space in the same Hollywood, Florida building it has been operating from for the last five years. Unlike its previous open floor plan office space, the new facility is equipped with private offices, a space for the company's customer success team, an expanded conference room, two huddle spaces, a green room to better view and edit support videos, a kitchen and a hangout area.
"Joining the Inc. 5000 is a prestigious honor that places us with the cream of the crop of independent businesses that are rapidly ascending in their respective industries. It is our first year on the list and we hope to continue our rapid growth and remain on the list for years to come," said Jamie Rosenberg, founder and CEO, ClassWallet. "We're grateful to the members of the ClassWallet team, and our investors, for their belief in our company, hard work and support."