Inc. 5000 Showcases Givelify’s Three-Year Revenue Growth of 455 Percent!
NEW YORK, August 17, 2021 – Inc. magazine today announced that Givelify, the most downloaded and highest rated mobile giving app used by more than 65,000 places of worship and nonprofit organizations, is ranked on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies.
The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent businesses.
Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
Givelify is one of a growing number of purpose-driven organizations that made this year’s Inc. 5000 list and one of the notable Black-owned and bootstrapped software companies included.
Founded by Wale Mafolasire in 2014
Givelify is an online and mobile giving platform that instantly connects people to the organizations and causes that matter most to them. The company’s AI-powered donation management software empowers organizations with insights to better understand the psychology of giving and deepen their connections with their donors.
Since Mafolasire launched the company, donors have given nearly $3 billion dollars to power more good in diverse communities across the world. From churches and places of worship, to education, health, hunger relief and more, donors and leaders that champion these important causes have been creating lasting impact.
Givelify has quickly become the home for good people to come to do more good. Each day, we’re inspired by our community of donors and organizations. It is a privilege to serve our community, and we look forward to continuing to grow alongside them in advancing generosity and furthering their missions. And, we are grateful that Inc. has recognized Givelify. Our growth is a direct reflection of the generosity of the Givelify community, which is what invigorates our perseverance and tireless commitment to expanding philanthropy.
– Wale Mafolasire
The impact of Covid-19 and the Inc. 5000
Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year’s list also proved especially resilient and flexible given 2020’s unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million.
Together, those companies added more than 610,000 jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc., which will be available on newsstands on August 20.
“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” says Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.”
More about Inc. and the 2021 Inc. 5000
Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020.
To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 is $2 million.
As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places. There was one tie on this year’s Inc. 5000. 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 http://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 web sites, 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.