Advertise Purple Ranks No. 58 on Inc. 2021 Magazine's List of California's Fastest-Growing Private Companies, With a Two-Year Revenue Growth of 679 Percent
LOS ANGELES, July 20, 2021 /PRNewswire/ -- Inc. magazine revealed that Advertise Purple is No. 58 on its second annual Inc. 5000 Regionals: California list, the most prestigious ranking of the fastest-growing California-based private companies. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the California economy's most dynamic segment—its independent small businesses.
Advertise Purple Ranks No. 58 on Inc. 2021 Magazine's List of California's Fastest-Growing Private Companies
According to Advertise Purple's President, Kyle Mitnick; "First and foremost, I'd like to thank our amazing team at Advertise Purple for performing in exemplary fashion during the unprecedented ups and downs of COVID, and thank our customers. As a performance based agency with revenue growth directly tied to our clients,' we literally couldn't have done this without them.
We frequently are asked 'how' when these awards are delivered our way, and the short answer is by not cutting corners. Over the years we've invested heavily in technology that serves one purpose: customer growth. It's nice to see that investment is paying off, not only in our bottom line, but the bottom line of our clients. Thanks again for the nomination Inc, and we're humbled to be in such great company on this list."
The companies on this list show stunning rates of growth across all industries in California. Between 2017 and 2019, these 250 private companies had an average growth rate of 535 percent and, in 2019 alone, they employed more than 40,000 people and added nearly $7 billion to the California economy. Companies based in major metro areas—Los Angeles, the Bay Area, and San Diego—brought in the highest revenue overall.
"This list proves the power of companies in California no matter the industry," says Inc. editor-in-chief Scott Omelianuk. "The impressive revenues and growth rates prove the insight and diligence of CEOs and that these businesses are here to stay."
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SOURCE Advertise Purple