PowerInbox Earns Coveted Spot on Inc. 5000 List of Fastest-Growing Companies
Digital Monetization Pioneer Ranks 30, Underscoring the Value of Multi-Channel Monetization
NEW YORK, Aug. 15, 2018 /PRNewswire/ -- PowerInbox, the trusted audience engagement and digital monetization partner for publishers and marketers, today announced Inc. Magazine has named it as the 30th fastest-growing private company in America on its 37th annual Inc. 5000 list.
The recognition is based on the company's 7500% growth over the last three years with a revenue run-rate over $30 million. PowerInbox was also ranked by Inc. 5000 as number 2 in the category of top software companies, number 4 in the category of top New York City companies and number 4 in the category of top New York companies. Over the past year alone, the company has seen a 51% increase in new customers, including the addition of marquee publishers like Bonnier, Crains, HarperCollins, Hearst, New York Magazine, Palm Beach Gazette, ReachMobi and Seattle Times, driven by surging demand for its unique email-based content personalization platform.
"It's an incredible honor to be recognized among such an elite group for our success, which is a direct result of our team's relentless dedication to serving our customers," said PowerInbox CEO Jeff Kupietzky. "I'm extremely proud of the fact that we're also profitable, which is unique among venture-backed companies that often focus on revenue growth at the expense of profitability. This gives us a much more stable foundation and positions us for aggressive growth and innovation."
PowerInbox's advertising and content optimization system helps publishers and brands deliver highly relevant, precisely targeted native and display ads and sponsored content to subscribers across email, web and push notifications, as well as other emerging channels. By using email as a unique identifier to target individual subscribers, the company's personalization solution is more precise and reliable than browser-based cookies or device targeting, which can be thrown off by device sharing among multiple users.
The PowerInbox monetization platform works at any scale, currently delivering content to 95 million unique monthly subscribers across 600+ publishers, using artificial intelligence technology to learn users' likes and dislikes and continuously refine targeting. It also boasts its own Advertising Network, enabling brands to reach new audiences and eliminating the hassle and expense of direct sales for publishers.
"This growth and recognition are no-doubt driven by PowerInbox's focus on innovation and meeting publishers' needs," said Brian Griffin, co-founder and CEO of digital publisher Jungo Labs. "I've worked with other providers and they simply can't match PowerInbox's level of service, flexibility and responsiveness. We've seen our earnings grow 200 percent since we started, with zero effort, all thanks to their algorithm optimizing for our subscribers' palate."
In addition to increasing demand for multi-channel monetization capabilities, PowerInbox's nationally ranked growth is a direct result of its focus on lean operations. Unlike other tech startups that invest in opulent office spaces or a high-overhead sales bench, PowerInbox invests heavily in product innovation and serving its customers' needs. The entire team works remotely, which cuts down on operating expenses and gives the company a level of agility and in-the-field presence that better serves its customers and maximizes profitability.
"If your company is on the Inc. 5000, it's unparalleled recognition of your years of hard work and sacrifice," says Inc. editor in chief James Ledbetter. "The lines of business may come and go, or come and stay. What doesn't change is the way entrepreneurs create and accelerate the forces that shape our lives."
The Inc. 5000 awards will be presented at the 37th Annual Inc. 5000 Conference and Gala October 17-19, 2018 in San Antonio, Texas.
To learn more about the PowerInbox digital monetization ecosystem, visit www.powerinbox.com.
About PowerInbox
PowerInbox provides comprehensive, multichannel digital monetization solutions that help publishers and marketers drive new revenue with personalized subscriber engagement. Venture backed, PowerInbox supports 85 million unique users a month from more than 600 leading publishers including The Atlantic, Bonnier, Hearst, and Salem Web Network. For more information about PowerInbox, please visit, www.powerinbox.com.
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 18,000,000 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.
Media Contact:
Kate Weckerly
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330-858-5149
SOURCE PowerInbox
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