iTexico Ranks No. 183 on the Inaugural 2020 Inc. 5000 Series: Texas
Inc. Magazine Unveils Its First-Ever List of Texas’s Fastest-Growing Private Companies—The Inc. 5000 Series: Texas
iTexico Ranks No. 183 With Two-Year Revenue Growth of over 289 Percent
NEW YORK, March 13, 2020 – Inc. magazine today revealed that iTexico is No. 183 on its inaugural Inc. 5000 Series: Texas list, the most prestigious ranking of the fastest-growing Texas-based private companies. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Texas economy’s most dynamic segment—its independent small businesses.
"iTexico is honored to be included in the Inc. 5000. As an independent business with our roots planted deeply in Texas, our inclusion solidifies our place in this thriving state and the community of business owners that foster economic stability and growth." - CEO, Anurag Kumar.
The companies on this list show stunning rates of growth across all industries in Texas. Between 2016 and 2018, these 250 private companies had an average growth rate of 294 percent and, in 2018 alone, they employed 36,000 people and added $11 billion to the Texas economy. Companies based in the largest metro areas—Dallas, Houston, Austin, and San Antonio—brought in the highest revenue overall.
Complete results of the Inc. 5000 Series: Texas, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/inc5000-series-texas-2020 starting March 13, 2020.
“The companies on this list demonstrate just how much the small-business sector impacts Texas’s economy,” says Inc. editor in chief Scott Omelianuk. “Across every single industry, these businesses have posted revenue and growth rates that are beyond impressive, further proving the tenacity of their founders and CEOs.”
The winning companies on the Inc. 5000 Series: Texas list will be announced at the Inc. Founders House event at SXSW on March 13, 2020.
iTexico is an Austin-based Nearshore software development company with delivery centers in Mexico, that fuels digital innovation to enable companies to transform their business. With main competency centers in AI, Cloud, Mobile, UI/UX Design, Software Engineering, and QA.
iTexico’s headquarters are located in Austin, TX, with two wholly-owned Innovation Centers in Guadalajara and Aguascalientes, Mexico, as well as offices in Cancun, Chicago, Dallas, and California. Over the last 9 years, iTexico has experienced steady year over year growth by developing strong partnerships with well-funded early stage growth and large transformation-driven companies, including Carbon Black, Marriott, Western Digital, HomeAway, and many others. For more information, visit http://www.itexico.com.
For questions, comments, or an introduction to our industry experts, contact CMO Kay Johnson at firstname.lastname@example.org
More about Inc. and the Inc. 5000 Regional Series
The 2020 Inc. 5000 Regional Series is ranked according to percentage revenue growth when comparing 2016 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2018 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Inc. Media
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 is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.