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Nuvolo Ranks No. 75 on Inc. Magazine’s List of the Fastest-Growing Private Companies in the New York City Metro Region

Mar 16, 2021
By Lisa Laczynski

 

 

 

Companies on the 2021 Inc. 5000 Regionals: NYC Metro list had an average growth rate of more than 200 percent.

Paramus, NJ, March 16, 2021 – Inc. magazine today revealed that Nuvolo, the world’s fastest-growing workplace software company, is No. 75 on its second annual Inc. 5000 Regionals: New York City Metro list, the most prestigious ranking of the fastest-growing New York City area-based private companies. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the NYC area economy’s most dynamic segment—its independent small businesses.

“Nuvolo’s growth since its founding in 2013 is a testimony to our incredible people, customers, partners and investors. With the closing of our $31M Series C financing, we will now execute on doubling the size of the company in the next 18 months, dramatically accelerate our product roadmap and deliver on our commitment to customer success,” said Tom Stanford, Nuvolo CEO. “Our Connected Workplace platform, Built on Now™, represents the future of workplace service management and it’s growing adoption will continue to drive Nuvolo’s incredible organic growth for years to come.”

The companies on this list show stunning rates of growth across all industries in the New York City area. Between 2017 and 2019, these 250 private companies had an average growth rate of 214 percent and, in 2019 alone, they employed more than 48,000 people and added nearly $9 billion to the NYC Metro area economy. Companies based in Stamford, Connecticut, New York City, and central New Jersey brought in the highest revenue overall.

Complete results of the Inc. 5000 Regionals: NYC Metro area, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at https://www.inc.com/inc5000/regionals/new-york starting March 16, 2021.

“This list proves the power of companies in the New York City area no matter the industry,” says Inc. editor-in-chief Scott Omelianuk. “The impressive revenues and growth rates prove the insight and diligence of CEOs and that these businesses are here to stay.”

Nuvolo is the global leader in modern, cloud-based connected workplace solutions, Built on NOW™. It provides a single platform to manage all people, all physical locations, all assets, and all work. Industries served include healthcare, life sciences, retail, government, higher education, technology, financial services and enterprise. Nuvolo is headquartered in Paramus, NJ with a global workforce located throughout North America, Europe and Asia. For more information on Nuvolo, please visit www.nuvolo.com.

 

CONTACT:     Tom Hannaford, MWWPR, thannaford@mww.com  

More about Inc. and the Inc. 5000 Regionals

Methodology

The 2021 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2017 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2017. 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 2017 is $100,000; the minimum for 2019 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.