Bambee Ranks In the Top 20% of Fastest Growing Private Companies on the Inc. 5000
Bambee Ranks In the Top 20% of Fastest Growing Private Companies on the Inc. 5000
With A Staggering Revenue Growth of 195%, Bambee Ranks No. 841 Among America’s Fastest Growing Private Companies
LOS ANGELES--(BUSINESS WIRE)--Bambee, the only HR technology solution offering a dedicated HR Manager to small business owners, is excited to announce being named in the top 1000, coming in at No. 841 on the prestigious Inc. 5000 list. This recognition, supported by an impressive 195% growth rate, represents Bambee’s status as a revolutionary leader in the outsourced HR industry.
Allan Jones, Bambee’s Founder and CEO, commented, “The Inc. 5000 isn’t just a list, it’s the gold standard of entrepreneurial success, a benchmark that recognizes the fastest-growing private companies in America.” Jones continues, “Bambee’s astronomical growth is a testament to our relentless drive, laser focus, and an insatiable hunger to outdo ourselves.” With less than one percent of venture capital dollars going to black and brown founders, this achievement is only underscored by the fact that the Founder and CEO of Bambee is Black and LGBTQ.
The Inc. 5000 is renowned for spotlighting the fastest-growing and most innovative private companies in the U.S. Being ranked on this list signifies consistent excellence, adaptability, and a forward-looking approach.
As Bambee looks to the future, the company is launching a robust suite of time and attendance features to the platform, bolstering its full-service HR and payroll products. Jones recently teased an Amazon Prime-like subscription for small businesses called Bambee Plus. “Bambee Plus will be the most innovative, affordable, and valuable HR service for small businesses ever. Our goal is to create a service that’s impossible to match in value for our customers and drive best-in-class gross margins to Bambee and its investors.” The company aims to launch this new HR subscription plan in the summer of 2023.
“For Bambee to skyrocket into the top 20% of fastest growing companies during a time of inflationary pressure, an insane level of market volatility, and rising cost of capital showcases growth, but more importantly: the game-changing resilience of our team,” said Jones. He continues, “This one is special to me. I’ve been studying the Inc. 5000 since my first job as a product manager in 2008. Ranking is important, and it feels good. Although it isn't the finish line for us, it validates that our thesis, HR Guidance can be a category, has always been exactly right.”
About Bambee:
Bambee is a leading HR technology platform providing small businesses with affordable access to a dedicated HR manager. Leveraging a combination of easy-to-use technology and expert HR professionals, Bambee delivers scalable, compliant, and affordable HR solutions to empower small businesses. In October 2021, Goldman Sachs celebrated CEO Allan Jones as one of the 100 most intriguing entrepreneurs of the year. For three years running, Forbes has named Bambee a top startup employer in the U.S., and in 2022 listed Bambee in the top 5 in Los Angeles.
For more information, visit www.bambee.com.
Contacts
Dominic V. Le Fort
dominic@bambee.com