For the 4th Consecutive Time, Bonusly Makes the Inc. 5000 Fastest-Growing Companies Annual List

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Aug 15, 2023, 09:04 ET

BOULDER, Colo., Aug. 15, 2023 /PRNewswire/ -- Bonusly, the leading recognition and rewards solution, today announced its inclusion on the Inc. 5000 fastest-growing companies annual list for the 4th consecutive year. The prestigious ranking takes a data-driven look at the most successful companies within independent, entrepreneurial businesses—the economy's most dynamic segment. Bonusly's placement on this list also improves its ranking from 2022.

The ranking showcases that despite an ever-changing economy, Bonusly continues to be adopted by leading companies across technology, healthcare, hospitality, and other industries that aim to attract and retain top talent while creating connected, motivated, and high-performing teams.

"We're proud to enable our customers to recognize, develop, and retain high-performing, highly-engaged employees," said Raphael Crawford-Marks, founder and CEO. Making this list for the 4th consecutive time signals that Bonusly's recognition solution is absolutely essential in a great workplace. We believe that people and teams are the drivers of business success, and investing in recognition is one of the smartest actions any company can take," concluded Crawford-Marks.

This announcement is on the heels of a substantial year for Bonusly. In early 2023, Bonusly announced its $19.5 million Series B raise, a brand and product redesign, and a coveted placement on Inc. Magazine's annual Best Workplaces list for the second year. These announcements and accolades illustrate the need for recognition solutions and the business return companies experience when they invest in their employees.

The Inc. 5000 class of 2023 represents companies that drive fast revenue growth while navigating inflationary pressure, rising capital costs, and hiring challenges. Among this year's top 500 companies, the average median three-year revenue growth rate grew to 2,238%. 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, visit www.inc.com/inc5000.

Contact:
Laura Saracho, Sr. Manager of Communications
[email protected]

About Bonusly

Bonusly is the fun and smart employee engagement solution that combines 360-degree recognition and rewards that employees love to keep them engaged and satisfied. Bonusly helps you celebrate everyday contributions and key milestones, automate time-consuming HR admin processes, run and incentivize participation in company initiatives, and offer digital rewards your employees will love. For more information visit Bonusly and to see our open jobs, check out our career page: https://bonusly.com/company/working-at-bonusly

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/.

SOURCE Bonusly