On August 12, 2020, Inc. Magazine revealed that TRBO ADvance is No. 2,161 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies.
TRBO ADvance’s leadership is pleased to join the ranks of some of America’s most successful companies—brands such as Intuit, Zappos, Under Armour, Microsoft, Patagonia, and more—who were first nationally recognized as honorees on the Inc. 5000.
Upon receiving the new of the Inc 5000 ranking, Turbo’s CEO Matthew Arndt said:
“I’m so proud of our team at TRBO seeing all their hard work come to fruition in meeting our growth goals. We look forward to continued growth and success in the short and long term.”
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 top 500 companies are also being featured in the September issue of Inc., which hit newsstands on August 12th.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
More about Inc. and the Inc. 5000
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.)
The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/inc5000.
