For the 2nd Time, FalconTek Appears on the Inc. 5000, Ranking No. 2,048 With Three-Year Revenue Growth of 216 Percent
Herndon, United States - August 25, 2021 /PressCable/ —
For the 2nd Time, FalconTek Appears on the Inc. 5000, Ranking No. 2,048 With Three-Year Revenue Growth of 216 Percent
FalconTek makes Inc. Magazine’s Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000
NEW YORK, August 17, 2021 – Inc. magazine today revealed that FalconTek, A Service Disabled Veteran Owned Small Business (SDVOSB) that provides technical and professional services to federal, state, and commercial clients, is No. 2,048 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year’s list also proved especially resilient and flexible given 2020’s unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 jobs over the past three years.
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 www.inc.com/inc5000.
“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” says Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.”
More about Inc. and the Inc. 5000
Methodology
Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places. There was one tie on this year’s Inc. 5000. 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.
More about FalconTek
Founded in 2008, FalconTek is an agile and mission-driven Service Disabled Veteran Owned Small Business (SDVOSB) that provides technical, professional, and healthcare solutions. Our experience supporting large scale government programs (CONUS and OCONUS) gives us the experience and relationships to rapidly deploy cleared and uncleared resources worldwide. Our team is distributed across the United States and ready to deploy anywhere the mission may take them. For more information, visit www.falcontek.com.
Contact Info:
Name: Shane Prosser
Email: Send Email
Organization: FalconTek
Address: 2201 Cooperative Way Suite 600, Herndon, VA 20171, United States
Phone: +1-800-674-7837
Website: http://www.falcontek.com
Source: PressCable
Release ID: 89043237
