For the 2nd Time, Powur PBC Appears on the Inc. 5000, Ranking No. 61 With Three-Year Revenue Growth of 5,890 Percent
Inc. magazine revealed that Powur PBC, the fastest-growing national residential solar company, is No. 61 on its annual Inc. 5000 list. This ranking is the most prestigious recognition for the nation's fastest-growing private companies.
NEW YORK, Aug. 18, 2021 /PRNewswire-PRWeb/ -- Inc. magazine revealed that Powur PBC, the fastest-growing national residential solar company, is No. 61 on its annual Inc. 5000 list. This ranking is the most prestigious recognition for the nation's fastest-growing private companies.
Powur joins names such as Microsoft, Under Armour, and Intuit, who first gained national exposure as honorees on the Inc. 5000.
Powur is executing it's plan to become the largest global decentralized utility, providing society with essential sustainable products and services at breakthrough costs. To achieve this goal, Powur is building the largest clean energy salesforce in the world.
To drive the company's mission to accelerate the adoption of clean energy, Powur has developed the industry's first cloud-based platform to support the low cost, efficient delivery of solar energy to homeowners.
"Powur's ranking on the Inc 5000 list for 2021 is a pure testament to the amazing community we have created, the leaders who build this company every day, and the differentiation of our cloud-based model for the solar energy industry", said Jonathan Budd, Powur's founder and CEO. "We are the fastest growing residential solar company in America, and the exciting part is that we have barely begun. Our focus is simple: continue to innovate and provide more value to our community of stakeholders than any solar company in history."
Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year's list also proved especially resilient and flexible given 2020's unprecedented challenges. Among the Inc. 5000, the average median three-year growth rate soared to 543%, and median revenue reached $11.1 million. Together, those companies added more than 610,000 jobs over the past three years.
On its own part, Powur PBC had 10x this median revenue growth and grew over 1,000 percent from 2020 to 2021. Powur is projected to double again in 2021.
"The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled," says Scott Omelianuk, editor-in-chief of Inc. "Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we've lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people."
Contact:
Leonardo Arias
+18584137536
[email protected]
Powur Marketing Manager
About Powur PBC:
Founded in 2015, California-based Powur is a Public Benefit Corporation that is on a mission to accelerate the adoption of solar energy worldwide. As the first 100% virtual, residential solar company in the cloud, Powur operates an innovative platform model, enabling it to scale quickly and meet the demands of an ever-expanding solar landscape. The company's model ensures that Powur is able to provide affordable and customized solar solutions to homeowners while empowering its network of thousands of independent solar consultants and regionally specialized installation partners. Powur is the fastest growing residential solar company in the US, currently operating in 15 states and completing dozens of residential solar projects and adding to our extended Powur family every working day. For more information on the company, visit https://powur.com/.
About the Inc. 5000:
Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 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 three decimal places. There was one tie on this year's Inc. 5000. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
Media Contact
Leonardo Arias, Powur PBC, +1 8584137536, [email protected]
SOURCE Powur PBC
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