Inc. magazine announced Friday that Mojo Media Labs placed No. 208 on its inaugural Inc. 5000 Series: Texas list, the most prestigious ranking of the fastest-growing Texas-based private companies. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Texas economy’s most dynamic segment — its independent small businesses martech news.
“We’re honored to be ranked on the Inc. 5000 Series: Texas list. I’m pleased that our intentional, purpose-driven growth is being recognized by the marketplace. It’s humbling as an owner to get this kind of affirmation from an esteemed organization like Inc.,” says Mike Rose, CEO of Mojo Media Labs. In 2019, Mojo Media Labs announced its honoree status as an Inc. Best Workplaces in America and its ranking on the Inc. 5000 List for Fastest-Growing Private Businesses in America martech.
The companies on this list show stunning rates of growth across all industries in Texas. Between 2016 and 2018, these 250 private companies had an average growth rate of 294 percent and, in 2018 alone, they employed 36,000 people and added $11 billion to the Texas economy. Companies based in the largest metro areas—Dallas, Houston, Austin, and San Antonio—brought in the highest revenue overall programmatic display ads.
Complete results of the Inc. 5000 Series: Texas, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at http://www.inc.com/inc5000-series-texas-2020.
“The companies on this list demonstrate just how much the small-business sector impacts Texas’s economy,” says Inc. editor in chief Scott Omelianuk. “Across every single industry, these businesses have posted revenue and growth rates that are beyond impressive, further proving the tenacity of their founders and CEOs.”
Notable growth events that allowed for Mojo Media Labs to join company with other honorees include the acquisition of Indianapolis-based SpinWeb, a web development agency, in 2018 and the acquisition of Oklahoma-based McMahon Marketing, a digital marketing firm, in 2019. Both acquisitions brought new revenue streams, talent, and capabilities. In late 2019, the company announced they had brought on Chief Revenue Officer Tiago Moro de Castro to focus on functions that enable Mojo’s growth such as new sales, consulting, partnership channel growth, account growth, and future additional revenue streams.
“We’ve had tremendous success with both organic and inorganic growth in 2018 and 2019. I’m excited to share our growth strategies with Mojo clients as we continue to help them grow smarter,” says Rose.