BOSTON, Aug. 13, 2015 /PRNewswire/ -- Valore today announced it was selected by Inc. Magazine for the 34th annual Inc. 5000, an exclusive ranking of the Fastest Growing Private Companies in America. Valore, a collection of online education brands including ValoreBooks, SimpleTuition and Boundless, ranked #1060 on the prestigious list, joining other highly entrepreneurial companies, such as Yelp, Pandora, LinkedIn and Zillow.
Experiencing record growth in 2014 by almost tripling its revenue to over $65MM, Valore continues its success in 2015 with the introduction of ValoreBook Source, a program designed to expand the used textbook inventory of college bookstores; the acquisition of Boundless, a digital publisher and platform that offers students and teachers customizable textbooks, teaching resources and learning tools; and this week's launch of ValoreVIP, a college textbook loyalty program that offers users cash back on all purchases and access to digital study content in over 20 subjects. With all this advancement, the company is on track to achieve another year of tremendous growth.
"We are honored to be named to the Inc. 5000 and proud of the significant achievement it takes to be included in this list of highly successful companies," said Kevin Walker, co-founder and CEO, Valore. "With more than a decade of experience in helping college students save money and over 10 million site visitors a year, Valore is pleased to be recognized for the contributions it offers to making college more affordable."
The Inc. 5000 list, a distinguished award that celebrates innovation and growth, had its most competitive year in the list's history. The Inc. 5000 ranks companies by overall revenue growth over a three-year period. The list is ranked according to percentage revenue growth when comparing 2011 to 2014. To qualify, companies must have been founded and generating revenue by March 31, 2011. They had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2014. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2011 is $100,000; the minimum for 2014 is $2 million.
The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://www.inc.com/.
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
Valore is a collection of online brands including ValoreBooks, SimpleTuition and Boundless, that provides innovative solutions to help students pay less for their education by providing cheaper textbooks, more affordable student loans and resources that help graduates get debt-free faster. Founded in 2006, Valore offers a comprehensive set of education-focused tools and one of the biggest online textbook marketplaces designed to save millions of students money on textbooks and improve economics for the entire textbook value chain.
With the acquisition of Boundless, which provides ready-to-use and customizable online content, study materials, and assessment items to make teaching more efficient and learning more effective, Valore is uniquely positioned to be an agent of change in how college textbooks are created, acquired and consumed.
Available Topic Expert(s): For information on the listed expert(s), click appropriate link.