Prevu ranks No. 856 on the 2022 Inc. 5000 List and No. 34 in the real estate industry
NEW YORK, Aug. 17, 2022 /PRNewswire-PRWeb/ -- Prevu, a real estate technology company on a mission to empower homebuyers, today announced it was named to Inc. Magazine's prestigious Inc. 5000 list of the fastest-growing, privately-owned companies in America - ranking No. 856. Prevu's three-year growth rate puts it in the top quintile of companies on the 2022 list. Previous Inc. 5000 honorees include Microsoft, Intuit, Zappos, and Under Armour.
Companies on the 2022 Inc. 5000 list are ranked according to three-year revenue growth rates from 2018 to 2021. During that period, Prevu grew by 741%, ranking No. 34 among the fastest growing companies in the real estate industry.
"As a tech company that has created a value proposition unlike any other in residential real estate, we are excited to be honored among such an esteemed cohort of companies," stated Thomas Kutzman, Co-Founder and Co-CEO of Prevu. "Our strong growth is driven by Prevu's differentiated product offering, state-of-the-art technology, and high caliber team, with the support of our investors who share our vision of improving an antiquated industry."
Launched by Kutzman and Chase Marsh in 2017 after their own frustrating real estate experiences, Prevu seeks to modernize and digitize the way homes are bought across America. Prior to Prevu, it was customary for consumers to complete the homebuying process primarily offline. Prevu flips that model on its head, allowing everything to be completed digitally at the click of a button, saving homebuyers time, money and stress. The company currently serves homebuyers in New York City, Boston, Philadelphia, Los Angeles, San Diego, Orange County, Seattle, and the San Francisco Bay Area.
"Homebuyers today are faced with a growing affordability issue amid the confluence of record home prices and now rising mortgage rates," stated Chase Marsh, Prevu's Co-Founder and Co-CEO. "Prevu solves this pain point for buyers by leveraging technology to unlock significant savings with an industry-leading rebate that traditional brokers just can't afford to offer."
Since launching the buyer platform, Prevu has done over $1 billion notional of real estate transactions and has generated an average savings of $23,000 per transaction for homebuyers.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/inc5000.
Media Contacts:
Prevu Communications Team
mailto:[email protected] [[email protected] __title__ null]
About Prevu
Prevu is a real estate technology company on a mission to empower homebuyers. The company's digital Smart Buyer platform offers a homebuying experience with unparalleled control, transparency and savings when purchasing a home. With Prevu, consumers can seamlessly search, offer and save up to two percent of the purchase price when they buy a home. This zero-pressure online experience delivers a smarter, more efficient way for homebuyers to transact. The company currently operates in New York City, Boston, Philadelphia, Los Angeles, San Diego, Orange County, Seattle, and the San Francisco Bay Area. To learn more about the company, visit http://www.prevu.com.
More about Inc. and the Inc. 5000
Methodology
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.
About Inc.
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 http://www.inc.com.
Media Contact
Prevu Communications Team, Prevu, Inc., 1 646-603-6868, [email protected]
SOURCE Prevu, Inc.
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