New Breed News

New Breed Ranked as America’s Fastest-Growing Private Companies by Inc.

Written by Quinn Kanner | Aug 15, 2019 3:05:10 PM

August 14, 2019Inc. magazine revealed that New Breed is No. 2487 on its 2019 Inc. 5000 list. The list includes the most successful privately-held, independent American companies. Well-known companies like Microsoft, LinkedIn, Yelp and Zillow have all been listed among the Inc. 5000.

“To be recognized as one of the fastest-growing companies is an honor,” says New Breed CEO Patrick Biddiscombe. “The recognition from Inc. is nice, but it only matters when it is reflected in our clients’ growth. We are humbled and proud to help our clients revolutionize the way they grow.”

New Breed is a Burlington, Vermont-based company that helps B2B companies worldwide acquire customers by aligning people, processes and platforms. They were founded in 2002 and saw a three-year revenue growth of 158 percent.

Earlier this year, New Breed was recognized as a “2019 Best Places to Work in Vermont” by Vermont Business Magazine. Recipients were chosen based on their employee satisfaction and overall experience including workplace policies, practices, philosophy, systems and demographics. 

New Breed’s culture promotes an environment that encompasses growth, autonomy and flexibility for their employees to succeed in serving their clients. The success of these values is exemplified in New Breed’s inclusion in both the Inc. 5000 and 2019 Best Places to Work in Vermont.

“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.”

According to Inc. Magazine, the 2019 Inc. 5000 honorees saw a 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.

 

More about Inc. and the Inc. 5000

Methodology

The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit and independent — not subsidiaries or divisions of other companies — as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 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 http://www.inc.com/inc5000.

About Inc. Media

Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit www.inc.com.

The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers and evening functions.

For more information on Inc. and the Inc. 5000 Conference, visit  http://conference.inc.com/