DENVER--(BUSINESS WIRE)--Velocity Global, the leading provider of global expansion solutions, announced today that it ranked number 185 on the 2019 Inc. 5000, the most prestigious selection of America’s fastest-growing private companies.
This is the second year in a row that Velocity Global is featured on the Inc. 5000. To achieve its 2019 recognition, Velocity Global showcased an impressive three-year growth rate of 2,112% and revenue of over $85 million. Additionally, the company grew its team to over 130 employees across 10 international offices, including its headquarters in Denver, Colorado. In 2018, Velocity Global ranked #4 on the list, with an astounding 39,817% three-year growth rate with revenue topping $50 million in its first year of eligibility.
“Securing a top-five ranking in 2018 was a dream,” said Ben Wright, CEO of Velocity Global. “But to make the top 200 for two consecutive years is something I never would’ve imagined when I started Velocity Global five years ago.”
Not only are the companies on the 2019 Inc. 5000 very competitive within their markets, but also show staggering growth when compared to prior years. The 2019 Inc. 5000 achieved a three-year average growth of 454%, and a median rate of 157%. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
“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.”
Wright dedicates Velocity Global’s impressive year-over-year growth to his team and their clients. “I am so proud of the immense growth we’ve accomplished in such a short amount of time,” Wright says. “Without the family that we’ve created here—and the clients who have trusted us—our success wouldn’t be possible.”
The top 500 companies on the Inc. 5000, including Velocity Global, are featured in the September issue of Inc. Magazine, available on newsstands August 20. Companies are also spotlighted at inc.com/inc5000.
About Velocity Global
Velocity Global is the leading provider of global employment solutions that has reinvented the way companies expand overseas. With unrivaled expertise in over 185 countries, Velocity Global delivers end-to-end services and best-in-class support to help companies confidently navigate the entire lifecycle of international business. To ensure a compliant, efficient, and flexible international expansion, Velocity Global provides a comprehensive suite of global services that includes International PEO, Entity Setup and Support, Global Talent Acquisition, Immigration, and Consulting.