Workplace productivity solution provider named to fastest-growing privately held U.S. companies list for the sixth time, climbing to No. 1783
FISHERS, IND. – (August 12, 2020) — Formstack, a workplace productivity software helping companies digitize information, automate workflows, and transform processes, today announced its recognition on the 2020 Inc. 5000 list of the fastest-growing private companies in America. Based on percentage revenue growth from 2016 through 2019, Formstack climbed to No. 1783. This is the sixth time the company has made the list, having first been recognized in 2013.
“We are thrilled to be recognized again by Inc. as one of the fastest growing companies in America,” said Chris Byers, CEO, Formstack. “Our selection and company growth is a testament to the work of every Formstack team member and the value that we deliver to our customers — which will soon surpass 27,000 organizations worldwide. 14 years in, our mission to improve people’s lives with practical solutions to their everyday work has never been more important and fulfilling.”
Not only have the companies on the 2020 Inc. 5000 list been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. Businesses included in the 2020 Inc. 5000 achieved an incredible three-year average growth of over 500%, and a median rate of 165%. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million new jobs over the past three years.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
Since its founding in 2006, Formstack has experienced tremendous growth as it has expanded its offering from online forms to a workplace productivity solution that empowers anyone to digitize what matters, automate workflows, and fix processes—all without code. The company was recently named for the fourth time to the 2020 IBJ Fast 25, an annual ranking of the fastest-growing private companies in the Indianapolis area. Formstack has also been able to foster a strong, remote-first culture, which has led to the company being named as one of Inc. magazine’s Best Workplaces for 2020.
To view the 2020 Inc. 5000 and Formstack company profile, visit www.inc.com/inc5000. Formstack is currently hiring for positions across the company. To learn more or to apply, visit www.formstack.com/careers.