With Three-Year Revenue Growth of 714 Percent, LanguageBird® Receives Ranking No. 892 Among America's Fastest-Growing Private Companies
NEW YORK, Sept. 22, 2022 /PRNewswire-PRWeb/ -- Inc. revealed that LanguageBird® is No. 16 among education-related companies and No. 892 overall on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy's most dynamic segment—its independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
"This high ranking on the prestigious Inc. 5000 is emblematic of the great growth strides that LanguageBird® has made during difficult times," says LanguageBird® Founder Dr. Karyn A. Koven. "Since our inception, we were successful and advocated for our live, personalized model which gained momentum during the pandemic as remote learning became widely accepted. Now our one-to-one instruction is poised to gain even more popularity as international travel increases."
The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Among the top 500, the average median three-year revenue growth rate soared to 2,144 percent. Together, those companies added more than 68,394 jobs over the past three years.
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. The top 500 companies are featured in the September issue of Inc. magazine, which was available beginning August 23.
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor-in-chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."
"The pandemic put us in a high-growth mode that we fully intend to continue," added Dr. Koven. "We have a service that is truly unique and right in line with the demands of the day and we are fully accredited by WASC and Cognia to award credit for our courses."
LanguageBird® creates a community of learners who master speaking new languages with confidence. Students connect one to one with an engaged instructor for self-paced language learning and cultural discovery. For learners interested in mastering world languages, LanguageBird® is a premier language program delivering one to one instruction and cultural immersion with native speaking teachers, offering more language choices in flexible, self-paced lessons, live via online chat. The LanguageBird® brand is all about communication. LanguageBird® is committed to building a community that inspires learners to reach and achieve their goals of mastering a world language.
LanguageBird® offers high school and middle school courses for credit, tutoring and test prep, conversational lessons and more types of language immersion learning. Their transcripts are recognized by schools, colleges, and universities worldwide. In addition to their accreditation, all LanguageBird® courses are also NCAA Division I and II and University of California A-G approved. College-bound, NCAA, and transferring students receive credit for courses completed with LanguageBird®.
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.
For more information on the Inc. 5000 Conference & Gala, visit http://conference.inc.com/.
Media Contact
Frank Tortorici, Marketing Maven, 9088758908, [email protected]
SOURCE LanguageBird
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