Inc. Magazine Unveils Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000
Dovel Technologies Makes 5th Appearance on the Inc. 5000 list, Ranking at Number 3851
McLean, VA August 12, 2020 – Dovel Technologies, a leading expert to federal agencies that blends deep domain expertise and advanced technologies in the health IT, life sciences, public safety, and grants management markets, announced today that it has been named to Inc. magazine’s annual Inc. 5000, an elite ranking of the nation’s fastest-growing private companies. Dovel joins other prestigious companies for the fifth year in a row on the 39th annual Inc. 5000, ranked at 3851.
As a rapidly growing company, Dovel combines entrepreneurial spirit, customer focus, and an outcomes-based approach and is dedicated to helping agencies make insightful decisions that drive meaningful change in the world. Recent strategic hires, organic growth, and investments have allowed the company to further enhance its infrastructure and harmonize processes and systems to position itself as a technology leader and employer of choice.
“The Inc. 5000 recognition is testament to Dovel’s strategy that focuses on innovation, customer success, and employee growth, all while maintaining our deeply rooted entrepreneurial culture,” said Damon Griggs, Dovel CEO. “Our team’s commitment to customer missions that improve, protect, and save lives fuels our continued growth.”
The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years. Complete results of the Inc. 5000 can be found at www.inc.com/inc5000.
About Dovel Technologies
Dovel is a trusted government partner that blends deep domain expertise with advanced technologies to help our customers solve complex problems that improve, protect, and save lives. As a rapidly growing company, we combine entrepreneurial spirit, customer focus, and an outcomes-based approach to support agency missions in health IT, life sciences, public safety, and grants management. To learn more visit www.doveltech.com.
More about Inc. and the Inc. 5000
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at https://www.inc.com/inc5000.
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.