ATLANTA, Aug. 15,
2024 /PRNewswire/ -- Inc. revealed this week that
SmartPath, the leading provider of financial education in the
nation, has ranked again on the Inc. 5000, its annual list of the
fastest-growing private companies in America. This prestigious
recognition demonstrates SmartPath's continued ability to innovate
and meet the increasing demand for financial education.
"It's an absolute joy to receive this honor," says SmartPath CEO
and Co-Founder, Alok Deshpande.
"When we started this business, I was just a money nerd, teaching
personal finance classes in a hotel ballroom. It's hard to believe
how far we've come. Our goal has always been to help people make
better money decisions, and we're able to do that on a larger scale
now than ever before. I'm deeply proud of this team and how hard
they've worked to make this vision a reality."
This ranking provides a data-driven look at the most successful
companies within the economy's most dynamic segment—its
independent, entrepreneurial businesses. Microsoft,
Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia,
and many other household names gained their first national exposure
as honorees on the Inc. 5000.
"The past few years have been all about making the right changes
at the right time, to create a product that is simple, yet
impactful," says SmartPath CPO and Co-Founder, Stuart Lawder. "This recognition affirms that
our commitment to obsessing over the details is paying off. There's
still a lot to be done, but we're moving forward, and I couldn't be
more proud."
The Inc. 5000 class of 2024 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
874,458 jobs to the economy over the past three years.
"One of the greatest joys of my job is going through the Inc.
5000 list," says Mike Hofman, who
recently joined Inc. as editor-in-chief. "To see all of the
intriguing and surprising ways that companies are transforming
sectors, from healthcare and AI to apparel and pet food, is
fascinating for me as a journalist and storyteller. Congratulations
to this year's honorees, as well, for growing their businesses fast
despite the economic disruption we all faced over the past three
years, from supply chain woes to inflation to changes in the
workforce."
For complete results of the Inc. 5000,
visit www.inc.com/inc5000.
More about Inc. and the Inc. 5000
Methodology
Companies on the 2024 Inc. 5000 are ranked
according to percentage revenue growth from 2020 to 2023. To
qualify, companies must have been founded and generating revenue by
March 31, 2020. They must be
U.S.-based, privately held, for-profit, and independent—not
subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list
may have gone public or been acquired.) The minimum revenue
required for 2020 is $100,000; the
minimum for 2023 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.
About Inc.
Inc. Business Media is the leading
multimedia brand for entrepreneurs. Through its journalism,
Inc. aims to inform, educate, and elevate the profile of our
community: the risk-takers, the innovators, and the ultra-driven
go-getters who are creating our future. Inc.'s award-winning
work achieves a monthly brand footprint of more than 40 million
across a variety of channels, including events, print, digital,
video, podcasts, newsletters, and social media. Its proprietary
Inc. 5000 list, produced every year since its launch as the Inc.
100 in 1982, analyzes company data to rank the fastest-growing
privately held businesses in the United
States. The recognition that comes with inclusion on this
and other prestigious Inc. lists, such as Female Founders
and Power Partners, gives the founders of top businesses the
opportunity to engage with an exclusive community of their peers,
and credibility that helps them drive sales and recruit talent. For
more information, visit www.inc.com.
About SmartPath
SmartPath is the leading provider of
comprehensive financial education solutions in the country. Its
robust offering includes daily educational classes, one-on-one
coaching, and digital tools that empower individuals on the journey
to financial freedom. Founded in 2010 and supporting over 700,000
individuals, SmartPath delivers its financial education solutions
in partnership with financial institutions, fintech companies, and
employers nationwide. For more information, visit
www.joinsmartpath.com.
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