The Fort Collins, CO-based property management software company lands in the top 1000 with a three-year growth rate of nearly 600%.
Fort Collins, Colorado – August 12, 2020 – TurboTenant, an all-in-one, free property management tool, was ranked No. 824 on the prestigious Inc. 5000 list of America’s fastest-growing private companies. TurboTenant also earned the No. 6 spot for Top Software Companies in Colorado, and No. 29 for Top Colorado Companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses.
Founded in 2015 by CEO Sarnen Steinbarth, TurboTenant posted a three-year growth rate of 578%. Companies on the 2020 Inc. 5000 are ranked according to the percentage of revenue growth from 2016 to 2019.
“We are honored to have made it into the top 1000. Our vision has always been to revolutionize the rental process by providing cutting-edge technology that is intuitive, powerful, and fast,” said Steinbarth. “When we succeed, landlords save time, increase profits, and love our product. This growth tells me we are delivering on our vision.”
TurboTenant has also experienced a surge in growth in the last two quarters of 2020, as online platforms became essential to conducting business virtually.
“We were well-positioned to meet the needs of new and existing landlords who needed online tools to run their businesses,” said Seamus Nally, TurboTenant’s Chief Product Officer. “We have a smart, hard-working, and nimble crew who are deeply passionate about helping landlords streamline their rental process.”
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500% and a median rate of 165%. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years. Intuit, Zappos, Under Armour, Microsoft, Patagonia and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
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.
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