Climbs 379 spots over 2018 Ranking
RESTON, Va., Sept. 19, 2019 (GLOBE NEWSWIRE) — Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, today announced that Inc. magazine has ranked the company #3847 on its annual Inc. 5000 list, the most prestigious ranking 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 — its independent small businesses.
The 2019 Inc. 5000 rankings are based on percentage of revenue growth from 2015 to 2018. During this period, Carahsoft achieved a three-year growth rate of 87 percent and posted over $5 billion in revenue in 2018, earning Carahsoft additional distinctions as a top revenue producer:
- The #1 revenue producer in Government Services
- The #1 revenue producer in Virginia and the D.C. Metro Area
- The #1 revenue producer among the 12-Time Honorees
- The #4 revenue producer among all 5000 companies
“We are proud to be named once again on the Inc. 5000 list of the fastest-growing companies in the nation,” said Craig P. Abod, Carahsoft President. “Our growth would not be possible without our commitment to supporting our partners throughout the public sector channel, including our government customers, IT solutions vendors and reseller ecosystem.”
The companies on the 2019 Inc. 5000 produced an aggregate revenue of $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
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.
Since its founding in 2004, Carahsoft has provided the public sector market with IT solutions from hundreds of technology vendors, prime contractors, system integrators, value-added resellers and additional channel partners. In 2018, the company booked more than $5 billion in sales and expanded its team to include more than 1,000 sales, marketing, customer service and contracting professionals.
More about Inc. and the Inc. 5000
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 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 http://www.inc.com/inc5000.
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 20,000,000 today. For more information, visit www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.
Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider®. As a top-performing GSA Schedule and SEWP contract holder, Carahsoft serves as the master government aggregator for many of its best-of-breed technology vendors, supporting an extensive ecosystem of manufacturers, value-added resellers, system integrators and consulting partners committed to helping government agencies select and implement the best solution at the best possible value.
The company’s dedicated Solutions Divisions proactively market, sell and deliver VMware, Amazon Web Services (AWS), Palo Alto Networks, Symantec, Veritas, McAfee, Dell, Adobe, F5 Networks, Google Cloud, ServiceNow, Open Source, Micro Focus Government Solutions, SAP, Salesforce, and Innovative and Intelligence products and services, among others. Carahsoft is consistently recognized by its partners as a top revenue producer and is listed annually among the industry’s fastest growing and largest firms by CRN, Inc., Forbes, Washington Technology, The Washington Post, Washington Business Journal, and Bloomberg Government. Visit us at www.carahsoft.com or follow us on Twitter and Facebook.