Dropified Ranks No. 55 on the 2019 Inc. 5000 with Three-Year Revenue Growth of 4,971 Percent
Started with 2 people in the basement four years ago; today Dropified ranks no. 55 on the 2019 Inc. 5000. We are growing rampantly YoY under the dynamic leadership of Chase Bowers and partner Lowell Rempel.
- Birmingham, AL (1888PressRelease) August 24, 2019 - Birmingham, Alabama, August 22, 2019 - Inc. Magazine today revealed that Dropified, a company that helps eCommerce stores automate their business, ranked No. 55 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. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“It’s an honor to be a part of the 2019 Inc. 5000 list. We started with 2 people in a basement 4 years ago and have grown to around 30 team members” says Dropified CEO and Founder Chase Bowers. “I feel like we are just getting started on where we can go with helping eCommerce business owners”
Not only have the companies on the 2019 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for1,216,308 jobs over the past three years.
Contributing to this data, Dropified grew over 4,971% from 2015 to 2018 under the leadership of Mr. Bowers and business partner Lowell Rempel.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
While Dropified was ranked #55 in the fastest growing companies in the nation, it was also recognized as the #1 Fastest Growing Company in Alabama and #1 in Top Business Products & Services Companies. Mr. Bowers commented, “We are very excited for what the future holds as we continue to grow by focusing on creating more value for our drop ship business owners around the world.”
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 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, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. 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.
Contact:
Chase Bowers
(205) 657-7766
Chase ( @ ) Dropified dot com
1430 Gadsden Hwy #116 #110
Birmingham, Alabama 35235
About Dropified
Dropified is a dropshipping automation software company founded in 2015 in Birmingham, Alabama by Chase Bowers and is co-lead with his business partner Lowell Rempel. Dropified’s mission is to provide best-in-class dropshipping tools that automate the tedious day-to-day tasks required to run successful dropshipping businesses, allowing their users to focus on growing and scaling their businesses. Dropified has had over 44,000 users from dozens of countries around the world. For more information on Dropified dropshipping solutions, visit www.Dropified.com.
About the Inc. 5000
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. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit www.inc.com.
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