BURLINGTON, Vt.--(BUSINESS WIRE)--Widewail, the leading customer review and reputation management solution, today announced it has earned a top spot on the prestigious Inc. 5000 list of fastest-growing private companies. A three-year growth rate of 1,082% earned Widewail the rank of #544 on the annual list. Notably, the company was ranked #4 overall in its home state of Vermont. The ranking is driven by the growing impact of customer reviews and demand for reputation management across a variety of industries.
Widewail’s remarkable growth can be attributed to a wide array of factors. There has been a marked surge in organizations seeking to leverage their reputations as online reviews have increasingly influenced their businesses. Widewail’s proprietary approach to reputation management incorporates sentiment analysis of online review content and reporting tools that deliver actionable insights that help businesses improve and maintain their online reputations.
“Providing effective solutions that help our clients improve and maintain a positive public perception of their brands has emerged as a critical business need,” said Matt Murray, CEO, Widewail. “Companies in every industry are looking for ways to learn as much as possible about what drives consumer preference and have demonstrated a hunger for deeper insights that can drive operational decision making. Our approach ensures that they understand the subtle nuances of how people are talking about them and gives them the tools they need to address the good, the bad and the ugly in the most effective way possible. This Inc. 5000 rank is a testament to how vital and valuable this focus is for the modern local business.”
The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.
“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”
For more information about Widewail, please visit www.widewail.com.
About Widewail
Widewail builds trust between businesses and the communities they serve. Widewail’s suite of solutions powers the modern shopping experience by leveraging automation to drive and directly manage customer and prospect conversations in consumer reviews, video and social media. Its Trust Marketing Platform helps capture, distribute and shape the narrative around a local business through the words of its customers, with great reviews, video testimonial content and accurate business listings. The result - business growth through standout local search rankings, trustworthy content and detailed business insights. For more information visit https://www.widewail.com/.
More about Inc. and the Inc. 5000
Methodology
Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, slated for October 31 - November 2 in San Antonio, visit http://conference.inc.com/.
