NEW YORK, Aug. 15, 2023 /PRNewswire/ — SportsGrid, the #1 Free Ad-Supported Television network in the sports genre, has been recognized as one of the fastest-growing companies in the United States. It makes its debut at No. 300 on the coveted 2023 Inc. 5000 list. The Inc. 5000 is a prestigious ranking that provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.
“We are elated to make our debut on the Inc. 5000 list of America’s fastest-growing private companies,” said Jeremy Stein, Co-Founder, and CEO of SportsGrid. “The recognition reflects our team’s unwavering commitment to excellence and relentless pursuit of innovation.”
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.
“Being part of the Inc. 5000 is not just a milestone, it’s a reflection of the extraordinary efforts of every individual in our organization,” said Louis Maione, Co-Founder and President of SportsGrid. “As we celebrate this achievement, we look forward to continuing our mission of pushing boundaries, shaping our industry, and setting new standards for success.”
About SportsGrid, Inc.
SportsGrid, Inc. is the multimedia content and technology company providing digital innovative solutions for the convergence of sports content, gaming, and NextGen interactive video technology. The SportsGrid multimedia destinations include SportsGrid Streaming Video Network, SportsGrid Radio, SportsGrid.com, and SportsGrid Studios. SportsGrid intelligence and data are provided by Sportradar featuring the seamless integration of their real-time comprehensive data feeds and content solutions. For more information, please visit sportsgrid.com.
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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.
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SOURCE SportsGrid
