ATLANTA, March 9, 2023 /PRNewswire/ -- SmartPath, the leading provider of financial wellness services in the country, has been recognized by Inc. magazine as one of the fastest-growing private companies in the Southeast. The annual Inc. 5000 Regionals: Southeast list is one of the most prestigious rankings of Southeast private companies, based in Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, Puerto Rico, South Carolina, and Tennessee. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Southeast economy's most dynamic segment–its independent small businesses.
"We are honored to be recognized by Inc. magazine as one of the fastest-growing private companies in the southeast," said Alok Deshpande, CEO & founder of SmartPath. "This accomplishment validates what we already believe–unbiased financial education is critical to our economic system, and organizations and individuals throughout the country are increasingly embracing it. This is a major company milestone, and I'm proud of what the team has accomplished and excited for what the future holds."
The companies on this list show a remarkable rate of growth across all industries in the Southeast region. Between 2019 and 2021, these private companies had an average growth rate of 673 percent, and in 2021 alone, they added 25,844 jobs and nearly $7 billion to the Southeast region's economy.
Complete results of the Inc. 5000 Regionals: Southeast, including company profiles and an interactive database, can be found at inc.com/southeast.
"This year's Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America's off-the-charts growth companies. They're disrupters and job creators, and all delivered an outsize impact on the economy. Remember their names and follow their lead. These are the companies you'll be hearing about for years to come," said Scott Omelianuk, editor-in-chief of Inc. magazine.
SmartPath is the leading provider of financial wellness products and services in the country. Its unique offering includes daily educational classes, one-on-one coaching, and digital tools that empower individuals on the journey to financial freedom. SmartPath delivers its financial resources in partnership with fintech companies, financial institutions, and employers nationwide. For more information, visit www.joinsmartpath.com.
More about Inc. and the Inc. 5000 Regionals
The 2023 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2019 and 2021. To qualify, companies must have been founded and generating revenue by March 31, 2019. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2021 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Inc. Media
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent.
The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.