MADISON, Wis., Aug. 20, 2020 /PRNewswire/ -- Fetch Rewards, the nation's leading consumer-loyalty and retail-rewards app, is the highest-ranking Wisconsin company on this year's Inc. 5000 list, coming in No. 116 on the most prestigious ranking of the nation's fastest-growing private companies. This is the second consecutive year Fetch Rewards has appeared on the list -- in 2019, the company debuted at No. 68 with 4,323% growth.
"The continued growth of Fetch Rewards is a testament to the hard work of our employees and our commitment to creating a world-class app experience for our millions of users," said Wes Schroll, founder and CEO of Fetch Rewards. "We've taken the challenges that 2020 has thrown at us in stride, and we're poised to emerge even stronger as a company. Never has there been a more important time to help people save money and have fun along the way!"
The list, published Aug. 12, 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.
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000's aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are also being featured in the September issue of Inc., available on newsstands August 18.
"The companies on this year's Inc. 5000 come from nearly every realm of business," says Inc. editor-in-chief Scott Omelianuk. "From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism."
The annual Inc. 5000 event honoring the companies on the list will be held virtually from October 23 to 27, 2020. As always, speakers will include some of the greatest innovators and business leaders of our generation.
About Fetch Rewards Headquartered in Madison, Wis. with offices in Chicago, New York City and San Francisco, Fetch Rewards is the fastest-growing consumer loyalty app in its category. With more than 11 million signups since launching in 2017 and nearly 3.8 million active users, Fetch Rewards has processed more than 500 million receipts to date and has delivered nearly $76 million in savings to its shoppers.
By working directly with hundreds of popular brands, Fetch Rewards gives shoppers access to savings on thousands of products, whenever and wherever they are purchased. A top-ranked app in the App Store and Google Play Store, Fetch Rewards has more than 400,000 five-star reviews from happy shoppers. Download the app and visit https://www.fetchrewards.com for more information.
Methodology The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. 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 websites, 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 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.