Written by Laycee Kluin
August 13, 2024
The company reported an average growth rate of 102% from 2020 to 2023—making it the 10th fastest-growing South Dakota company featured.
Sioux Falls, SD, August 13, 2024 – MarketBeat, a premier source for stock market data and research tools, proudly announces its inclusion on the prestigious Inc. 5000 list of the fastest-growing privately held companies in the United States for the ninth consecutive year. MarketBeat ranks at No. 4270 on the list, underscoring its sustained growth and innovation in the financial media industry.
In addition to its national ranking, MarketBeat stands out as No. 85 in Consumer Services, No. 8 in Sioux Falls, and No. 10 in South Dakota. These rankings reflect MarketBeat's commitment to excellence and its pivotal role in the local and national business communities.
MarketBeat exemplifies how a business can achieve steady and consistent growth over many years. "We are proud to be ranked on the Inc. 5000 list for the ninth year in a row,” said Matt Paulson, Founder and CEO of MarketBeat. “Our success is the result of maintaining focus on our core business and continually improving our offerings year after year.”
This ranking comes on the heels of a prosperous year for MarketBeat as it continues to make strategic investments to drive further innovation and growth.
"Both 2023 and 2024 have been strong growth years for us. This growth comes from implementing new strategic initiatives, developing partnerships, and increasing our advertising efforts," said Paulson.
In addition to MarketBeat, Inc. Magazine ranked Wild Oak Boutique, Silence Central, Weller Brothers Landscaping, and eight other South Dakota companies, which had median growth of 167% and accounted for 479 jobs added to the state’s economy.
Methodology
Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 through 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 the period under review, 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.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels, including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent.
About MarketBeat
MarketBeat is a financial media company with a mission to empower individual investors to make better trading decisions by providing real-time financial information and objective market research. Nearly 5 million investors receive MarketBeat’s flagship newsletter, MarketBeat Daily Ratings. MarketBeat also publishes a network of financial news websites, including insidertrades.com, pricetargets.com, and dividendstocks.com, which garner more than 20 million pageviews each month, a suite of web-based investment research software called MarketBeat All Access, and a mobile stock research app on iOS and Android. For more information, visit marketbeat.com.
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