Leap--a Start-up Based in Columbia, Maryland--Ranks No. 637 on the 2021 Inc. 5000
Leap ranks among Inc. Magazine's list of fastest-growing private companies in the U.S. with a three-year revenue growth of 756%.
NEW YORK, Aug. 17, 2021 /PRNewswire/ -- Inc. magazine today revealed that Leap—an all-in-one home improvement digital sales platform based in Columbia, Md.—is ranked No. 637 on the annual Inc. 5000 list. The list is widely regarded as the most prestigious ranking of the nation's fastest-growing private companies and represents a unique look at the most successful companies within the American economy's most dynamic segment—its 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.
"Our team is honored to be recognized among this prestigious list of the nation's fastest-growing private companies," said Leap CEO, Patrick Fingles. "From the start, we knew Leap's digital sales software had the potential to upend the traditional pad-and-paper business model home contractors had been using for decades. This nationally-recognized growth is a testament to our team's rapid traction among a highly-specialized market—and we're only just getting started."
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."
Leap experienced a three-year revenue growth of 756%, positioning them comfortably within the top fifth of the Inc. 5000 list. Built and backed by experienced home improvement professionals, Leap is the first end-to-end contract sales software, digitizing every stage of the in-home sales process. Leap had previously been recognized as No. 21 on the 2021 Inc. 5000 Regionals: D.C. Metro list, the most prestigious ranking of the fastest-growing Washington, D.C., area-based private companies.
Media Contact: Alex Gunderson, 612.598.6398, [email protected]
More about Inc., the Inc. 5000 and Leap
Methodology
Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 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 three decimal places. There was one tie on this year's Inc. 5000. 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
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including web sites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Vision Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
About Leap
Leap is a subscription-based software that home service contractors use to digitize their business. Used by thousands of top home improvement professionals, Leap eliminates redundancies and errors that slow down the typical sales process, bringing efficiency and transparency to the home improvement purchasing experience. Learn more at www.leaptodigital.com.
SOURCE Leap
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