For the 7th Time, Liftoff Appears on the Inc. 5000 Fastest-Growing Private Companies List
Inc. honored Liftoff for the seventh year in a row on the Inc. 5000 list. Liftoff ranked No. 3,320 on the 2023 edition of the Inc. 5000 list of the fastest-growing private companies in America. Every year since 1982, Inc. analyzes company data to compile its Inc. 5000 list of the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses.
Inc. had this to say about 2023 representatives:
The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.
“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”
Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 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 four decimal places.