Inc. magazine this week unveiled its annual Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies, with Diligent named among many esteemed peers. This is the second year in a row that Diligent has placed on the list, up 405 points to 2569 from its previous ranking of 2974. The list represents a unique look at the most successful companies within the American economy and further solidifies Diligent's position as a business leader in the SaaS industry.
'We are excited to be named among many notable organizations on the Inc. 5000 for the second year running,' said Brian Stafford, the CEO of Diligent. 'Diligent is in the midst of our most transformative year ever as organizations realize that modern governance gives them a competitive advantage. With key insights, product innovations, and thought leadership initiatives, Diligent offers solutions that no other company can. It's all part of our commitment to helping organizations thrive and endure in the digital age.'
Not only have the companies on the 2019 Inc. 5000 been very competitive within their markets, but the list 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.
'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.'