SAN DIEGO, Aug. 13, 2024 /PRNewswire/ -- Inc. revealed today that Wildfire Systems, an innovative financial technology platform that powers reward programs, shopping companions, and content monetization, ranks No. 80 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy's most dynamic segment - its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.
"We couldn't be more excited to make the top 100 in the Inc. 5000 for two years running," said Jordan Glazier, CEO, Wildfire Systems. "Our substantial growth and momentum are testament to the value we bring to our clients across the financial services and technology sectors. In turn, our clients deliver value to their customers in the form of cashback rewards, enabling a better customer experience and increased loyalty while driving high-converting visitors to our online merchant partners. At the end of the day, we could only achieve this level of growth with our committed team, who is dedicated to helping our partners achieve success."
The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year's top 500 companies, the average median three-year revenue growth rate is 1,637 percent. In all, this year's Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the new issue of Inc. magazine, available on newsstands beginning Tuesday, August 20.
"One of the greatest joys of my job is going through the Inc. 5000 list," says Mike Hofman, who recently joined Inc. as editor-in-chief. "To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year's honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce."
Wildfire's innovative technology platform drove nearly $600 million in online purchases from merchants in over 50 countries in 2023. The company's platform powers reward programs and shopping companions for financial institutions and technology companies, from early stage startups to some of the largest companies in the world, including Royal Bank of Canada (RBC), Microsoft, and Citi.
Wildfire was named the number one fastest growing small private company in San Diego county by the San Diego Business Journal in October 2023. And in February 2024, TMC awarded Wildfire Systems' Revenue Engine a winner of their 2023 Generative AI Product of the Year Award.
More about Inc. and the Inc. 5000
Methodology
Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 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 achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 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, to be held from October 16 to 18 in Palm Desert, California, please visit http://conference.inc.com/.
About Wildfire Systems, Inc.
Wildfire's enterprise platform embeds social commerce, rewards, coupons, and shopping companions into existing services, enhancing user experiences and loyalty while driving new revenues. The patented suite rewards online shopping and harnesses digital word-of-mouth. Wildfire drives incremental sales for more than 50,000 merchant programs in 50+ countries. Wildfire's newest platform, RevenueEngine, monetizes generative AI-powered e-commerce transactions by turning product and brand mentions into commissionable links. Founded in 2017, Wildfire is based in San Diego. For more information, visit wildfire-corp.com.
SOURCE Wildfire Systems
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