3-year revenue growth of 270% lands company on list 2nd straight year
NEW YORK, August 26, 2021 – Inc. magazine revealed that Essentia, Inc. soared 1,000+ spots to land in the top third in this year’s annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies.
The list represents a unique look at the most successful companies within the American economy’s most dynamic segment — its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
It’s one of a number of recent accolades for the Charlotte, N.C.-based designer and builder of turnkey outdoor and indoor networks. In May 2021, Essentia was Certified™ by Great Place to Work ®, and in August, Essentia was named a “Top 10 Small Cell Solutions Provider” for the third consecutive year by Telecom Tech Outlook.
“While this is a tremendous honor to achieve in what was a challenging industry landscape, we already have our eyes set on next year,” said Lindon Hayes, co-Founder and CEO of Essentia. “With many of 2020’s roadblocks now cleared — and as Essentia expands in new markets and increases its presence in verticals including Cable — we’re anticipating a big year. We owe this exciting trajectory to our innovative, hard-working team.”
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. The top 500 companies are featured in the September issue of Inc.
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At Essentia, we’ve assembled a team of trusted experts that design and build turnkey outdoor & indoor networks with unrivaled quality and record-setting cycle times. We know true breakthrough innovations are the ones that target real customer pain points, inefficiencies, and error-prone processes. That’s why we’re delivering tech-enabled infrastructure services including drone data capture, engineering automations, and machine learning – all powered by our proprietary eSpeed Technology Platform.
Inc. 5000 Methodology
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. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 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 three decimal places. There was one tie on this year’s Inc. 5000. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.