For the 4th Time, Aqueduct Technologies Appears on the Inc. 5000, Ranking No. 3315, and jumping 337 spots since last year. A mere one in thirteen companies have made the list four times.
Waltham, MA, August 13, 2019 – Inc. Magazine revealed today that Aqueduct Technologies is No. 3315 on its 38th annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies. Aqueduct has achieved an incredible 3-year growth of 109 percent and recently opened a second location in Providence, Rhode Island.
The Inc. 5000 list represents the top 5,000 companies from 49 states, Puerto Rico, and the District of Columbia who have combined generated $237.7 billion in revenue last year. With their average 2018 revenue of $47.5 million and median three-year growth rate of 157.4 percent, there are any number of success stories to be told about Inc. 5000 businesses across the U.S.
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.
“This year, the winners have, once again, placed the bar very high,” said James Ledbetter, Editor in Chief of Inc. Magazine. “Companies that made the list, on average, have grown sixfold since 2015.”
More about Inc. and the Inc. 5000
Methodology
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2014. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2017. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2014 is $100,000; the minimum for 2017 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 https://www.inc.com/inc5000/index.html.
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 18,000,000 today. For more information, visit www.inc.com.