Sioux Falls, SD, August 17, 2016 – Inc. Magazine has ranked MarketBeat No. 529 on its 35th annual Inc. 5000 list, an exclusive group of the fastest-growing privately-held companies in the United States. MarketBeat was ranked as the fastest-growing company in the state of South Dakota, based on its three-year revenue growth of 729%. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. MarketBeat joins Square, Dollar Shave Club and Yeti Cooler, among other prominent brands featured on this year’s list.
“It’s an incredible honor to be featured on this exclusive list of America’s fastest growing private companies. MarketBeat’s fast growth wouldn’t be possible without the continued hard work of our team and a strong commitment to customer satisfaction,” said MarketBeat Founder and President Matthew Paulson. “With more than $2.7 million in revenue and 40 million page views in 2015, we couldn’t be happier with the level of growth we’ve seen. We look forward to continue finding new ways to empower retail investors and arm them with the information they need in 2016 and beyond.”
Based in Sioux Falls, SD, MarketBeat credits much of its success to the friendly business environment offered in the state of South Dakota. “South Dakota’s low tax burden, skilled workforce and non-profits that are committed to helping entrepreneurs found businesses make it an ideal place to start a company. There’s a real community of people in the Sioux Falls area dedicated helping younger entrepreneurs get their companies off the ground, Paulson said.”
The 2016 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2012 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2002, and have revenue no less than $2 million in 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, 2015. The minimum revenue required for 2012 is $100,000; the minimum for 2015 is $2 million. The companies of the Inc. 500 represent the top tier of the Inc. 5000, which can be found in its entirety on www.inc.com/inc5000/list/.
About Inc. Magazine
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. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 13,000,000 today. For more information, visit www.inc.com.
MarketBeat (www.marketbeat.com) is a financial media company based in Sioux Falls, South Dakota. MarketBeat’s mission is to provide objective, real-time financial information to investors at all levels. More than 400,000 individual stock investors receive MarketBeat’s daily investment newsletter, MarketBeat Daily Ratings. MarketBeat publishes a network of financial news websites which garner more than 5 million page views each month, a suite of web-based investment research software called RatingsDB and a mobile stock research app called StockAid.