Market Insights

CNF Technologies Among Nation’s Fastest-growing Companies

NEW YORK, August 14, 2019 Inc. magazine today revealed that CNF Technologies is No. 3409 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. CNF Technologies made the ranking based on its three-year revenue growth of 104 percent. 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.

“We attribute our success to our brilliant team members that approach each cyber mission with integrity, excellence, innovation, and passion,” said Chief Executive Officer, Roxanne Ramirez. “With our skilled professionals and passionate team, we’ve grown our business from 40 to over 100 employees in less than 4 years. As a result of this growth, we have expanded into two locations at Port San Antonio including the Project Tech building. We have leased over 13,000 square feet and we are currently building out the office space. We’re honored to have made Inc. 5000 list of America’s fastest-growing private companies and can wait to see heights we reach in years to come!”

Not only have the companies on the 2019 Inc. 5000 (which are listed online at Inc.com, with the top 500 companies featured in the September issue of Inc., available on newsstands August 20) 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 for 1,216,308 jobs over the past three years.

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.

“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.”

August 14, 2019 CNFTechnologiesAmongNation’sFastest-GrowingCompanies