NEW YORK, August 29, 2023 – Inc. revealed that CloudFit Software ranks No. 2,171 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America for the 3rd year in a row. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.
“Entrepreneurship is not for the faint of heart, it takes strong vision, talented, inspired people, healthy culture and a tremendous amount of faith and hard work. CloudFit’s rapid growth is a reflection of each of those qualities.” says Kyle Wagner, Chief Financial Officer, and Co-Founder of CloudFit Software. “The company was built on a culture of servant leadership, and confidence that we could help organizations of all sizes transform through the modernization of their IT portfolios. We are proud of our journey to date and look forward to having an even more profound impact on our customers, industry, and people in the future.
The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years. .
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, available on newsstands beginning Tuesday, August 23.
“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”
About CloudFit Software
CloudFit Software, Inc was founded in March of 2018 and merged with Composable Systems, LLC in August of 2018 to form CloudFit Software, LLC. CloudFit is now leading the market in “Managed Scenarios” for cloud across Fortune 500, DoD and Regulated Industries. While CloudFit primarily exists to implement, manage and secure critical services and applications to the cloud, it has a great mission with its charities: KidFit — uses athletics as a conduit to provide mentorship and opportunities for all kids regardless of their ability to play and JobFit — lowers barriers for high school and college students to achieve great IT careers.
Contact: For additional information: Contact CloudFit Software via email getfit@cloudfitsoftware.com or call 434-548-0015.
More about Inc. and the Inc. 5000
Methodology
Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, slated for October 31 - November 2 in San Antonio, visit http://conference.inc.com/.
