Inc. magazine has released its 40th annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. ECRS, a retail technology company based in North Carolina, joins this impressive list of the most successful companies in America’s most dynamic economic segment – its independent small businesses.
“We’re honored to have earned yet another spot on the Inc. 5000 list. Over the past few years, ECRS has seen strong growth in our local and regional retail communities, which has fueled our success. We are proud to serve our customers as they expand their businesses and wish them continued growth in the years to come.” – Pete Catoe, Founder & CEO
Not only have the companies on the 2021 Inc. 5000 been highly competitive within their markets, but this year’s list also proved especially resilient and flexible given 2020’s unprecedented challenges. The average median three-year growth rate of this list soared to 543 percent and the median revenue reached $11.1 million. Together, these companies added more than 610,000 jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by various criteria, can be found at www.inc.com/inc5000.
Methodology: Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies.
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. For more information, visit www.inc.com.