Sioux Falls, SD, August 17, 2017 – Inc. Magazine has ranked MarketBeat No. 1,620 on its 36th annual Inc. 5000 list, an exclusive ranking of the fastest-growing privately-held companies in the United States. MarketBeat was named as the 4th fastest-growing company in the state of South Dakota, based on its three-year revenue growth of 243%. The list is a testament to the work of the economy’s unsung heroes — America’s independent entrepreneurs. MarketBeat joins VRC Metal Systems, Weisser Distributing, Click Rain, and other powerful South Dakota brands featured on this year’s list.
“It’s a true honor to be featured among the Inc. 5000 for the second year in a row,” says MarketBeat Founder and President Matthew Paulson. “At the beginning of the year it seemed that our numbers might plateau, but we worked really hard and were able to attract more than 40 million page views and generate more than $2.7 million in revenue. We have also added new team members and we are looking forward to finding more ways to serve retail investors and get them the information they need when they need it.”
Based in Sioux Falls, SD, MarketBeat credits much of its success to the friendly business environment in Sioux Falls, South Dakota. “South Dakota has been a great place to grow a business, with it’s low tax burden, skilled workforce, and encouraging community,” Paulson says. The MarketBeat founder is passionate about reinvesting into that community by encouraging other entrepreneurs, connecting them with available resources, and fostering a startup culture in the Sioux Falls area.
The 2017 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2013 to 2016. To qualify, companies must have been founded and generating revenue by March 31, 2003, and have revenue no less than $2 million in 2016. They had to be U.S.-based, privately held, for profit, and independent – not subsidiaries or divisions of other companies – as of December 31, 2016. The minimum revenue required for 2013 is $100,000; the minimum for 2016 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 450,000 individual stock investors receive MarketBeat’s daily investment newsletter, MarketBeat Daily Ratings. MarketBeat publishes a network of financial news websites which garner more than 4 million pageviews each month, a suite of web-based investment research software called MarketBeat All Access and a mobile stock research app called StockAid.