29 Prime Named One of the U.S.' Fastest-Growing Private Companies by Inc. Magazine
Ranking for the third year in a row serves as the Foundation for 29 Prime's Continued Expansion in 2015
IRVINE, Calif., Oct. 14, 2014 /PRNewswire/ -- 29 Prime, a technology company that helps small and medium-sized businesses grow through generating supreme online visibility, has been named to Inc. Magazine's 2014 Inc. 500|5,000 list of fastest-growing privately held companies in the U.S. This is the third year in a row that 29 Prime has placed in the exclusive Inc. 500|5,000 list ranking #36, #47 and #132 respectively.
The ranking is determined by percentage of revenue growth from 2010 through 2013. 29 Prime experienced 2,791 percent revenue growth over the three-year period, starting with $701,820 in 2010 and generating $20.3 million in 2013.
29 Prime's momentum is largely driven by the Authorized Sales Partner Channel as well as development of the depth and breadth of the Product Suite. The continued growth of the Sales Partner Channel, as well as partner acquisition, will result in the subscriber base increase and the exponential growth due to their recurring revenue model.
"We're truly excited about 29 Prime's future because the jump from almost $1 million to over $20 million in three years is just the beginning," says 29 Prime's chief financial officer, Haleh Fardi. "By being able to guarantee online visibility to our clients, we have helped their businesses while building a foundation for our continuous growth."
29 Prime guarantees online visibility for its SMB clients by providing front-page placements on Google, Yahoo and Bing. Their full suite of Online Visibility services include website development as well as online directory listings, search engine optimization, social media management and even proprietary real time ranking reports, tracking, and analytics to name a few.
29 Prime is an industry leader not only due to the advanced capabilities of its proprietary algorithms to catapult businesses into high online visibility, but also because of its modern approach. The company recognizes that in this day and age, if a business is not easily visible online, it simply does not exist in the current market — and the current market is inevitably generated online.
"Online visibility is now a standard utility for businesses," says Fardi. "It's like electricity; businesses can no longer function or reasonably compete without it."
29 Prime's exceptionally scalable business model, based on aligning with sales partners national and internationally, allows the company to provide all of its services at an exceptional value for a fraction of the standard industry cost. In addition to this competitive industry advantage, 29 Prime attributes much of its growth to its live customer service and passionate sales teams, which will continue to help blaze the trail for exponential revenue growth over the next few years.
About 29 Prime, Inc.
29 Prime (www.29prime.com) is the leading provider of online visibility services for small and medium-sized businesses throughout the United States and Canada. Dedicated to helping business owners who don't necessarily have the skills to gain online exposure, 29 Prime, having serviced over 60,000 subscribers to help them easily get online, build their visibility, and notably grow their businesses. With a thorough range of client services including website development, social media management, tracking, analytics, search engine optimization, and front page placements, 29 Prime guarantees online visibility for its clients. Since its launch, 29 Prime has been ranked in Inc. Magazine's 5,000 Fastest-Growing Private U.S. Companies for the last three years. 29 Prime has now achieved over 36 million front page placements and continues to help local businesses grow. For more information about 29 Prime and its services, please visit: www.29prime.com.
SOURCE 29 Prime
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