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Press Release: For the 4th Time, GLOBO Appears on the Inc. 5000 List of Fastest Growing Companies

[fa icon="calendar'] Aug 15, 2018 2:15:06 PM / by Chrissy Bullock

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NEW YORK, August 15, 2018 – Inc. magazine today revealed that GLOBO is No. 950 on its 37th annual Inc. 5000, 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. With an outstanding three-year sales growth of 521%, this marks GLOBO's fourth consecutive year on the Inc. 5000|500.

“GLOBO’s mission is to help people communicate when it matters most, no matter what language they speak,” said Gene Schriver, founder and CEO of GLOBO. “Beyond language and cultural diversity necessitating empathy in communication, the trend across industries is toward ever-more personalized experiences, requiring an empathetic understanding of people and their needs. By developing a platform that provides access to omnichannel language services and delivers real-time data and insights, we empower our clients to better understand and engage their diverse consumer segments."

"I attribute our tremendous growth to our talented team and loyal customers who have a shared passion for driving innovation through technology and leveraging data as a strategic asset."

- Gene Schriver, founder and CEO of GLOBO

Not only have the companies on the 2018 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2018 Inc. 5000 achieved an astounding three-year average growth of 538.2 percent, and a median rate of 171.8 percent. The Inc. 5000’s aggregate revenue was $206.1 billion in 2017, accounting for 664,095 jobs over the past three years.

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.

“If your company is on the Inc. 5000, it’s unparalleled recognition of your years of hard work and sacrifice,” says Inc. editor in chief James Ledbetter. “The lines of business may come and go, or come and stay. What doesn’t change is the way entrepreneurs create and accelerate the forces that shape our lives.”

 

About GLOBO

GLOBO is a B2B provider of translation technology, services, data and insights. Through GLOBO’s revolutionary cloud-based platform, GLOBO HQ, organizations have the ability to access a comprehensive suite of translation and interpreting solutions in order to interact with consumers across 250 languages. GLOBO’s community of thousands of vetted, professional linguists are available 24/7—by phone, text or video — at the touch of a button.

GLOBO’s robust data and insights into linguistically diverse populations also help enterprises penetrate these fast-growing market segments. GLOBO’s full range of omni-channel services include on-demand telephone interpreting, video remote interpreting and email & chat translation, as well as project-based marketing transcreation, text translation, localization and on-site interpreting. 

GLOBO’s roster of customers includes the U.S. government, health and personal lines insurance carriers, banks and mortgage lenders, pharmaceuticals and CROs, mobile gaming and tech companies. GLOBO also provides language support for large global events, most notably providing live interpretation in six languages for the worldwide broadcast of Pope Francis’ public appearances during his U.S. visit for the World Meeting of Families.

 

More about Inc. and the Inc. 5000 

Methodology

The 2018 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2014. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2017. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2014 is $100,000; the minimum for 2017 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. 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.

About Inc. Media

Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 18,000,000 today.  For more information, visit www.inc.com.

The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions. For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/

Topics: Press Release

Chrissy Bullock

Written by Chrissy Bullock

Marketing Manager at GLOBO