In the marketing industry, staying ahead of the curve is no easy task. Yet, Corkboard Concepts has done just that! Corkboard Concepts is thrilled to announce we've ranked No. 3748 on the 2024
Inc. 5000 list! With a three-year revenue growth of 124%, we are among America's fastest-growing private companies. We are not just honored; we are energized by this recognition. Keep reading to learn more about this achievement.
Understanding the Inc. 5000
The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.
The Inc. 5000 class of 2024 represents companies, including Corkboard, 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 874,458 jobs to the economy over the past three years, with a medium growth rate of 208%.
Methodology Behind the Ranking
According to
Inc., "The 2024 Inc. 5000 is ranked based on the percentage of revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million.
All companies applying must also provide documented gross annual revenue for the base year (2020) and for year three (2023). The financial statements provided, which can include redacted tax returns, must be signed by the CEO and a credentialed third party. Once the data are in order, a draft list comes to the editorial team. We then embark on an intensive secondary vetting process, interviewing select founders and conducting background research to guard against companies with a checkered history appearing on the list. So, while the Inc. 5000 is a purely data-driven list, all companies must pass editorial review." This stringent selection process ensures that only the most innovative and dynamic companies make it on the list, further adding to the significance of our inclusion.