AffiniPay Recognized for 10th Year as a Fastest-Growing Private Company on Inc. 5000 List
Austin, TX (August 17, 2021) — For the tenth consecutive year, AffiniPay has been named to Inc. Magazine’s annual Inc. 5000 list of the fastest-growing, privately held companies in America. Seeing a five-year revenue growth of 210%, AffiniPay continues its market leadership in the $5.3B legal, accounting, architectural and associations industries. Making the Inc. 5000 list for a full decade is an accomplishment achieved by less than 150 companies in the history of the Inc. 5000 list. AffiniPay, a new inductee into the Inc. 5000 10X club, now joins the ranks next to companies such as Microsoft, Zappos, and Oracle.
This financial growth is fueled by the continuous delivery of technology payment features to the professional services industry, including mobile technology, contactless payment QR codes and custom software integrations to support large enterprise firms. This commitment coupled with a strong focus on employee and customer engagement has also earned AffiniPay recognition as a Best Place to Work and holds a net promoter score of 72, which is best in class for SaaS offerings.
“We are so excited and honored to have made the Inc. 5000 list for a tenth consecutive year. This recognition exhibits the dedication of our high performing teams, ongoing collaboration with our integrated partners, and the trust our clients have placed in us,” said Dru Armstrong, CEO of AffiniPay. “Making this list for the tenth year in a row is a testament to the incredible company that AffiniPay is. Our team’s hard work, commitment to customer service, and dedication to making the lives of professionals easier is what makes AffiniPay’s growth continue each year.”
AffiniPay is continuing to scale by expanding its leadership team with the announcement of its new CEO, Dru Armstrong, and the appointment of new executive board member Stuart C. Harvey Jr.
“I am so proud of the team and the growth we have seen here at AffiniPay over the past decade,” said Amy Porter, Executive Chairman and Founder of AffiniPay. “Being nominated to the Inc. 5000 list 10 years in a row, and being ranked next to companies like Microsoft and Oracle show the growth and the bright future ahead of AffiniPay as we continue to grow, expand, and dominate our markets.”
The companies named to the 2021 Inc. 5000 list, on average, have grown sixfold since 2016. The 2021 Inc. 5000 achieved an astounding three-year average growth rate of 543 percent, and median revenue of $11.1 million. Together, the companies on the 2021 Inc. 5000 list added more than 610,000 jobs over the past three years.
“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” said 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.”
Complete results of the Inc. 5000 can be found at www.inc.com/inc5000.
AffiniPay is the market leader in professional services payments serving legal, accounting, architectural, engineering and construction firms. AffiniPay has been recognized as one of Inc. 5000’s fastest growing companies for 10 years in a row. Each of its brands leads the market it serves with solutions purpose-built by industry including LawPay, ClientPay, CPACharge, and AffiniPay for Associations. AffiniPay’s solutions are trusted by more than 150,000 professionals with more than 150 strategic partnerships and endorsements, including the American Bar Association and the American Institute of Certified Public Accountants. Visit affinipay.com to learn more.
About The 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. 5000 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. The associated Inc. 5000 Vision Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.