Following a three-year revenue growth of 1,056%, Advocado, the leading source for advertising occurrence and consumer engagement insights, has announced that it ranks No. 556 on the 2023 Inc. 5000, an annual list of the fastest-growing private companies in America.
“We are incredibly honored to have ranked in the top 600 companies for our inaugural inclusion on the Inc. 5000 list,” said Brian Handrigan, Co-Founder and CEO of Advocado. “This is a clear reflection of our success in enabling advertisers to gain more control of their data to inform smarter, more strategic real-time decisions around their spend.”
The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.
“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that it requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”
Following a year of strategic acquisitions of 47 VEIL interactive television patents and Kantar BVS (Broadcast Verification Services) in 2021, Advocado launched Guac – an integrated data platform that combines Advocado’s real time first-party ad occurrence data with automated ingestion of as-run post logs and granular web engagement data – in late 2022. The company also bolstered its leadership team and advisory members to support business development and strategic partnership efforts. These hires include: Harold S. Geller, VP of Strategic Development; Liz Kelley, VP of Business Development; and Scott Garner, Jamie Siegel and Brian Siegel as strategic advisors.
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, available on newsstands beginning Tuesday, August 23.
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