With a Two-Year Revenue Growth of 1,296 Percent, springbig Ranks No. 9 on Inc. Magazine's List of the Southeast Region's Fastest-Growing Private Companies

Companies on the 2022 Inc. 5000 Regionals Southeast list had an average growth rate of 147% percent between 2018 and 2020.

BOCA RATON, Fla., March 16, 2022 /PRNewswire/ -- Inc. magazine today revealed that springbig is No. 9 on its third annual Inc. 5000 Regionals Southeast list, the most prestigious ranking of the fastest-growing private companies based in Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, Puerto Rico, South Carolina, and Tennessee. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Southeast region economy's most dynamic segment–its independent small businesses.

"Over the past two years, springbig has grown in tandem with the wider cannabis industry, and this achievement exemplifies our entire team's commitment to enhancing cannabis retail experiences across North America," said Jeffrey Harris, CEO of springbig. "We are proud to be recognized as one of the fastest-growing companies in the Southeast for a second consecutive year, and it is a privilege to be a member of this dynamic business community."

The companies on this list show a remarkable rate of growth across all industries in the Southeast region. Between 2018 and 2020, these 173 private companies had an average growth rate of 147% percent and, in 2020 alone, they added 27,794 jobs and nearly $4.9 billion to the Southeast region's economy. Companies based in the Miami, Florida, Fairhope, Alabama, and Covington, Louisiana, areas had the highest growth rate overall.

"This year's Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America's off-the-charts growth companies. They're disrupters and job creators, and all delivered an outsize impact on the economy. Remember their names and follow their lead. These are the companies you'll be hearing about for years to come," says Scott Omelianuk, editor-in-chief of Inc.

The complete results of the Inc. 5000 Regionals Southeast can be found at inc.com/southeast.

About springbig
springbig is a market-leading software platform providing customer loyalty and marketing automation solutions to cannabis retailers and brands in the U.S. and Canada. springbig's platform connects consumers with retailers and brands, primarily through SMS marketing, as well as emails, customer feedback system, and loyalty programs, to support retailers' and brands' customer engagement and retention. springbig offers marketing automation solutions that provide for consistency of customer communication, thereby driving customer retention and retail foot traffic. Additionally, springbig's reporting and analytics offerings deliver valuable insights that clients utilize to better understand their customer base, purchasing habits and trends. For more information, visit https://springbig.com/.

More about Inc. and the Inc. 5000 Regionals

Methodology
The 2022 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2018 and 2020. To qualify, companies must have been founded and generating revenue by March 31, 2018. 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 2018 is $100,000; the minimum for 2020 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.

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.

SOURCE springbig/Rosie Mattio Public Relations