CAR WASH News

With Three-Year Revenue Growth of 293 Percent, OptSpot Ranks No. 1786 Among America’s Fastest Growing Private Companies

Written by Admin | Aug 16, 2024 6:46:43 PM

Inc. revealed that OptSpot ranks No. 1876 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.

"Making the Inc. 5000 list is a proud moment for OptSpot and a powerful validation of our
mission to help car wash operators in North America build a business that gives them a life of freedom they love. This achievement wouldn’t have been possible without the right team, the trust of customers we love, and the strategies that drive us all forward. Together, we've proven that with dedication and the right partnerships, growth isn't just possible—it's inevitable." said Levi McClendon, CEO of OptSpot.

The Inc. 5000 class of 2024 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 is 1,637 percent. In all, this year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.

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. All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the new issue of Inc. magazine, available on newsstands beginning Tuesday, August 20.

“One of the greatest joys of my job is going through the Inc. 5000 list,” said Mike Hofman, who recently joined Inc. as editor-in-chief. “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.”

OptSpot is a leading marketing and business growth partner for car wash operators across North America. With a focus on delivering innovative strategies and personalized solutions, the company empowers its clients to achieve unprecedented growth and operational excellence. Since its inception, OptSpot has helped countless businesses streamline operations, increase customer engagement, and drive significant revenue growth. Among its most notable achievements are reaching a five-year revenue goal in just 2.5 years and being recognized as one of the Inc. 5000 fastest-growing privately-owned companies in the U.S.