Inc. Magazine today announced that phData has made its prestigious 2021 list of Fastest-Growing Private Companies in America by coming in at No. 2,011.
In this blog, we’ll explain more about what winning this award means to us and, as a bonus, we’ll take a down-to-earth look at why working for a fast-growing company is such a worthy investment for your future.
What it Feels like to Place in the Fastest Growing Awards, Again.
While you don’t see a lot of Olympic athletes celebrating placing 2,011th in an event, for us, this feels like a gold medal. Cheesiness and Olympic analogies aside, just making this list is genuinely a huge honor for phData, especially with everything the world has recently been through (and continues to go through).
2020 was tough. 2021 continues to remain tough but at the end of the day, we’re problem-solvers at phData, and solving complex problems is what we do best. Making this list requires sustained growth and to achieve growth during this time, you need to overcome a mountain of challenges. This past year might have been our toughest year to date but it has also been our most rewarding. From implementing a remote-first strategy to helping customers find new ways to drive business value from their data, we’ve learned and grown so much in one year.
Now in our sixth year as a business, we’re pleased and humbled to still unlock new milestones of growth. We’re proud to announce that we achieved a three-year revenue growth of 209 percent!
“This award is a direct reflection of the grit, passion, and customer focus that our employees bring every day. I’m grateful for the dedication and perseverance of our entire global team which made this growth possible,” said Mike Cleveland, Chief Operating Officer at phData.
“I joined phData at the beginning of 2017 and it’s been the most rewarding experience of my career. I’m inspired daily by the brilliant individuals at phData and humbled by the trust our customers place in us with one of their most valuable assets, their data.”
This is phData’s fourth award with Inc. 5000. phData placed No.1 on the 2020 list of the Midwest’s Most Successful Startups and earlier this year placed No.86 on the Midwest’s Fastest-Growing Private Companies award.
Now passing the 200th employee mark, phData continues to achieve explosive growth and looks to the future for more milestones to achieve.
Why Work for a Fast-Growing Company?
If you’ve never worked for a fast-growing company, there are many eye-opening reasons to give it a shot. Listed below are three key benefits according to phData CEO, Ryan Bosshart.
- Learn From New and Interesting People
As growing businesses continue to expand, they often bring in very talented people to help fuel their trajectory. In this environment, you’ll have the unique opportunity to learn from these talented folks and in turn, you’ll help them grow and expand their knowledge.
Growing companies commonly have this “hotspot” of growth that allows employees to frequently learn new skills, new technologies, and new ways of thinking.
- More Opportunities for Promotions
In the early stages of growth, businesses will often need people to grow up in their organization and grow out, creating more opportunities for promotions and career advancements along the way. This gives you a unique opportunity to perform roles and tasks that might not be available at the same level at a larger, slower-growing organization.
From having the opportunity to manage people to working more closely with other departments or leading a project team, there’s so much more opportunity for career advancements at a fast-growing company.
- The Work is More Fun & Meaningful
Starting near or at the ground up at a fast-growing company, you’ll have the ability to build new things and projects that have not been done before. Not only is this work valuable for your skill sets, but it’s also meaningful. The work you’re doing really matters, especially when it fosters growth.
More often than not, fast-growing companies give you a sense of meaning and comradery unlike anything else in the corporate world.
Interested in Working for a Fast-Growing Company? phData is Hiring!
While we are a bit biased, we feel strongly that phData is one of the best places to do your career’s best work. Be sure to visit our blog post on the top 6 reasons to join phData to better understand why working here is so meaningful and frankly, fun!
If you’re ready for a new career adventure, we’d love to connect!
About the Fastest-Growing Awards
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Having started in 1982, this prestigious list has become the hallmark of entrepreneurial success. Companies like Microsoft, Dell, Pandora, Timberland, LinkedIn, Yelp, and Zillow have all gained their first national exposure as honorees on the Inc. 5000.
