Companies on the list had an average growth rate of 135 percent
ActivTrak today announced it ranks No. 79 on the 2024 Inc. 5000 Regionals: Southwest list, the most prestigious ranking of the fastest-growing private companies based in Arizona, New Mexico, Oklahoma and Texas. Among software companies, ActivTrak is the third fastest-growing in Austin, and the fifth fastest-growing in Texas.
Most recently, ActivTrak ranked No. 1244 on the Inc. 5000 list.
“Being recognized as one of the most successful organizations in our region is not only an honor, but also reflective of the growing need for a data-driven way to inform workforce investments as companies grapple with productivity alongside sea changes, such as hybrid work and GenAI initiatives,” said Heidi Farris, CEO of ActivTrak. “Our growth is a testament to the dedication of our talented team and their commitment to delivering superior value to customers, partners and investors alike.”
The companies on the Southwest region list show a remarkable rate of growth across all industries. Between 2020 and 2022, 162 private companies had an average growth rate of 135 percent; by 2023, they had also added 17,606 jobs and $14.5 billion to the region’s economy.
Complete results of the Inc. 5000 Regionals: Southwest, including company profiles, can be found at inc.com/Southwest, including an interactive database that can be sorted by industry, metro area and other criteria.
“The honorees in our Inc. 5000 network are the Who’s Who of private companies. They’re energizing regional economies as they engineer the future of their industries. Learn who they are and what they do — they’ll be impacting things for a while,” said Eric Hagerman, Special Projects Editor at Inc. Media.