The Company Remains in the top 2,000 Companies, Achieving a Three-Year Revenue Growth of 334%
PHOENIX, Aug. 16, 2022 (GLOBE NEWSWIRE) -- Freestar, the leading monetization partner for content publishers, e-commerce sites, and app developers, announced today that it has earned another spot on the annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in the U.S, for the fourth consecutive year coming in at No. 1824. Its three-year revenue growth rate of 334% allowed the company to remain in the top 2,000 each year after earning the No. 1 ranking in 2019.
Despite the unique macroeconomic conditions, Freestar had another landmark year, expanding its global footprint with the acquisition of Canada-based ad management company Sortable and UK-based AMP monetization company, Triple13 in late 2021. Freestar also compounded significant organic growth in its customer-base with a client acquisition and strategic direct sales partnership with Chicago-based MPW in the first half of 2022 adding over 500 new websites to its portfolio. Freestar’s growth has continued to expand the company's capabilities and technology further solidifying it as the most holistic solution for digital publisher’s monetization needs.
“This award is a reflection of our team’s dedication, intellect and passion for the work that we do every day for our customers,” said Kurt Donnell, President and CEO of Freestar. “Our team continues to blow me away each and every week despite the many curveballs the world continues to throw our way. They continue to engineer world-class monetization solutions, provide the best customer service in the business and deliver on our goal of getting 1% better each week.”
Headquartered in Phoenix, AZ, Freestar was No. 59 on the Inc. 5000 list in the state of Arizona and No. 148 in the Advertising & Marketing category.
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In an ever-changing industry full of buzzwords and empty promises, Freestar was founded to simplify the challenges of monetizing websites and apps. Leveraging the ideal mix of programmatic header bidding, private marketplace deals, and a unified analytics platform, Freestar’s team of monetization experts help publishers, e-commerce sites and apps unleash their true revenue potential. Freestar’s ever expanding family of publisher and app developer partners reach over 70% of all U.S. internet users each month and provide unique opportunities for advertisers to reach their target audiences efficiently at scale. For more information, visit www.freestar.com.
More about Inc. and the Inc. 5000
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 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 four decimal places. The top 500 companies on the Inc. 5000 are featured in Inc. magazine’s September issue. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.
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 websites, 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 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
Vice President, PR Freestar