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SmartAsset Named on Inc. 5000 List of Fastest-Growing Private Companies in 2021
IN THE PRESS:
NEW YORK, NY — August 17, 2021 — SmartAsset, an online destination for consumer-focused financial information, has been named one of the fastest-growing private companies by Inc. magazine. At No. 561, SmartAsset ranks within the top 11% on the 2021 Inc. 5000 list, which represents a unique look at the most successful companies within the American economy’s most dynamic segment — its independent small businesses.
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“We are honored to be recognized by Inc. as one of the fastest-growing private companies in America,” said Michael Carvin, Co-Founder and CEO of SmartAsset. “Our ability to achieve significant growth throughout a global pandemic and economic downturn is indicative of the resilience and excellence of our team and innovative product developments, such as our SmartAdvisor platform, which is now the leading independent marketplace connecting consumers to financial advisors.”
The Inc. 5000 accolade comes shortly after SmartAsset’s $110 million Series D funding announcement, which values the company at more than $1 billion. Additionally, SmartAsset’s Co-Founder and CEO, Michael Carvin, was a New York regional winner for EY’s Entrepreneur Of The Year® 2021 award -- the most prestigious recognition for entrepreneurs and leaders of high-growth companies.
Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year’s list also proved especially resilient and flexible given 2020’s unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 jobs over the past three years.
“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” says Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.”
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.
About SmartAsset
SmartAsset is an online destination for consumer-focused financial information and advice that powers SmartAdvisor, a national marketplace connecting consumers to financial advisors. Reaching approximately 75 million people each month (as of Sept. 2021) through its educational content and personalized calculators and tools, SmartAsset’s mission is to help people make smart financial decisions. Ranked on the Inc. 5000 list of fastest-growing private companies in 2021, SmartAsset recently closed a $110 million Series D round, valuing the company at over $1 billion. SmartAsset was also named to Y Combinator’s list of Top 100 Companies of all time, 2021 Best Financial Planning Technology Company in New York by Wealth & Finance International, and Forbes’ list of America’s Best Startup Employers in 2020. For more information, please visit SmartAsset.com.
SmartAsset Named on Inc. 5000 List of Fastest-Growing Private Companies in 2021
At No. 561, SmartAsset Ranks Within Top 11% on the 2021 Inc. 5000 List; Grew Three-Year Revenue by 855%
About the Inc. 5000
Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2020. The minimum revenue required for 2017 is $100,000; the minimum for 2020 is $2 million.
