A three-year revenue growth of 130% secures Siepe’s spot among America’s Fastest-Growing Private Companies
DALLAS, TX, August 13, 2024 – Inc. revealed today that Siepe ranks No. 3640 on the Inc. 5000 2024, its annual list of the fastest-growing private companies in America. This marked the third consecutive year Siepe was recognized in the prestigious ranking, which 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’re honored to be recognized on the Inc. 5000 list for the third straight year. It reflects the hard work and dedication of our team in delivering innovative products and services to private credit and alternative investment managers,” said Michael Pusateri, CEO and Founder of Siepe. “Over the years, we have received tremendous support from the industry, and as we continue to grow, we look forward to bringing even more efficiencies to our customers.“
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.
“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.”
Siepe saw significant growth and success in 2023, with the addition of over 10 new investment management customers taking market value supported by Siepe to $32.6 billion across diverse asset classes. The Company also secured investment from Citibank as part of a partnership to deliver collateral administration solutions that provide access to accurate data with full transparency to help streamline fund manager workflows, as well as improve portfolio oversight and efficiency.
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. For more information on our methodology, visit https://www.inc.com/inc-5000-methodology-how-we-selected-these-companies.html
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/.
Media Contact
Paragon Public Relations
siepe@paragonpr.com