We’re thrilled to announce thatTenantBase was ranked 1,404 on the prestigious Inc. 5000 list of the nation’s fastest-growing private companies.
The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“We are honored to be recognized for the first time on the Inc. 5000 and to be in the top third of the list,” said Bennett Washabaugh, CEO of TenantBase. “This is a testament to the hard work the entire team has accomplished over the past seven years. We look forward to building upon the momentum we’ve experienced throughout the past two years and continuing to serve the commercial real estate space with a solution that creates significant efficiencies in the leasing process.”
TenantBase was founded in 2014 to change the CRE leasing business model from a reactive to proactive process by providing a radically improved experience for tenants, helping CRE professionals connect and close more transactions. To date, TenantBase has over 170,000 tenants signed up on the platform and has aggregated access and facilitated tour opportunities for 1.6B square feet of properties. The platform has engaged directly with approximately 13,000 leasing agents who’ve completed $500 million in commercial lease transactions. TenantBase has saved tenants an average of 22% on quoted asking rates, and allowed brokers to close transactions in as little as 60 days, compared to the six-month industry standard.
Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year’s list also proved especially resilient and flexible given 2020’s unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 jobs over the past three years.
“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” says Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.”
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 atwww.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc., which will be available on newsstands on August 20.