In The News
VRN Technologies Recognized on the Inc. 5000 List of Fastest Growing Companies
Growing Technology Services Company Secures Position On Inc. 5000 List August 15, 2023
Named twice as fastest growing company in US (2022 & 2023)
Inc. has unveiled its prestigious Inc. 5000 list for 2023, and VRN Technologies proudly secures the No. 1093 spot among the fastest-growing private companies in the United States. This remarkable ranking offers a data-driven glimpse into the dynamic landscape of independent entrepreneurial businesses that are driving the economy's growth.
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Naveen Valeti, CEO of VRN Technologies, emphasizes, "Achieving a spot on the Inc. 5000 list twice underscores our commitment to consistency to our clients. It's the unwavering passion, drive, strategic innovation, and our recognition of our team as our greatest asset that positions us as industry leaders in delivering top-quality resources, consulting services, and consistent growth."
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The 2023 Inc. 5000 cohort represents companies that have achieved rapid revenue growth while navigating challenges such as inflationary pressures and escalating capital costs. Among the top 5000 companies this year, the average median three-year revenue growth rate has soared to an astonishing 2,238 percent. Collectively, the Inc. 5000 companies have generated an impressive 1,187,266 job additions to the economy over the past three years.
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Scott Omelianuk, Editor-in-Chief of Inc., acknowledges, "Running a business has become even more challenging since the pandemic's end. To secure a place on the Inc. 5000, requiring rapid growth, is truly an achievement. Inc. is thrilled to honor these companies that are shaping our future."
Our Approach and Dedication to Excellence
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At VRN Technologies, our growth is testament to our dedication and innovative approach. We base our ranking on the percentage revenue growth from 2019 to 2022. To qualify for the Inc. 5000, companies must have been founded and revenue-generating by March 31, 2019. We take immense pride in being U.S.-based, privately held, for-profit, and independent entities—distinct from subsidiaries or divisions of other companies—up until December 31, 2022. Our commitment to excellence shines through as we consistently meet the revenue thresholds, reflecting our determination and strategic prowess.
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About VRN Technologies
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VRN Technologies thrives at the intersection of cutting-edge technology and unwavering commitment. Our dedication to innovation, transparent collaboration, and pushing the boundaries has propelled us onto the prestigious Inc. 5000 list for the second time ( 2022 & 2023). We continue to shape the industry landscape by delivering custom software solutions & resources who drive client success, foster growth, and redefine the future of technology-driven solutions.
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About Inc. Media
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Inc. Business Media is a prominent multimedia brand serving the entrepreneur community. With a reach exceeding 50 million people across various platforms, Inc.'s award-winning journalism elevates the profiles of risk-takers, innovators, and go-getters who are shaping the future. Inc.'s proprietary Inc. 5000 list, established in 1982, utilizes company data to rank the fastest-growing privately held businesses in the U.S. The recognition and credibility that accompany inclusion on this esteemed list create unique opportunities for founders to engage with a exclusive community of peers, ultimately driving sales and attracting top talent.
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For more information, please visit https://www.inc.com/profile/vrn-technologies
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