NEW YORK--(BUSINESS WIRE)--Panjiva, the B2B platform powering the business of global trade, today announced it was ranked number 314 on the 32nd annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies by Inc. magazine. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Companies such as Microsoft, Zappos, Intuit, Zipcar, Vizio, Oracle and many other well-known names gained early exposure as members of the Inc. 500|5000. Panjiva achieved this honor after quadrupling employee count and increasing sales by 1,300 percent over the course of the last three years.
“The recognition by Inc. is a testament to the significance of our mission in helping to connect buyers and suppliers, and we’re honored to be acknowledged as part of such a distinguished list”
“The recognition by Inc. is a testament to the significance of our mission in helping to connect buyers and suppliers, and we’re honored to be acknowledged as part of such a distinguished list,” said Josh Green, CEO of Panjiva. “When we started Panjiva in 2006, we knew that creating visibility into the supply chain presented a huge market opportunity, and our exceptional growth confirms that we have provided valuable data to buyers and suppliers in a plethora of industries across the globe.”
Panjiva’s B2B platform takes complex, disparate data from a number of sources and processes it in an organized format, letting serious buyers and sellers connect with one another quickly and easily. Panjiva recently unveiled significant enhancements to the platform, which now includes Chinese trade data, U.S. export data and Global Search, which is a new search engine that indexes information from across the B2B web. The company currently has more than 40 clients in the Fortune 500 and has recently expanded operations globally with the addition of a Shanghai office.
In addition to ranking 314 on the list of 500 distinguished companies, Inc. ranked Panjiva number 24 in the top 100 business products and services companies, number 23 in the top New York companies and number 29 in the top New York City Metro Area companies.
The 2013 Inc. 500|5000, unveiled in the September issue of Inc. (available on newsstands August 20 to November 20 and on Inc.com), is the most competitive crop in the list’s history. To make the cut, companies had to have achieved a staggering minimum of 918.59% in sales growth. The Inc. 500’s aggregate revenue is $14.1 billion, with a median three-year growth of 1739 percent. The companies on this year's Inc. 500 employ more than 52,100 people and generated over 44,912 jobs in the past three years. Complete results of the Inc. 500|5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/500.
"Not all the companies in the Inc. 500|5000 are in glamorous industries, but in their fields they are as famous as household name companies simply by virtue of being great at what they do. They are the hidden champions of job growth and innovation, the real muscle of the American economy,” says Inc. magazine Editor Eric Schurenberg.
The 2013 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2009 to 2012. To qualify, companies must have been founded and generating revenue by March 31, 2009. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2012. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2009 is $100,000; the minimum for 2012 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. 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 www.inc.com/500.
Panjiva powers the business of global trade. The company’s B2B platform combines content and communication to fuel 21st century trade by enabling serious buyers and sellers to connect with one another quickly and easily. By combining diverse data sets that enable decision making with robust technology that makes the process of analyzing the data more efficient, Panjiva provides an unmatched level of insight on the companies, products and trends shaping global trade. With more than a million unique online visitors each month and 5,000 paying users across a wide variety of industries, Panjiva is a trusted resource to gain insight into, and make contact with, more than 6 million companies that make 35 million unique products. Panjiva was founded by CEO Josh Green and CTO James Psota. Panjiva has received equity investments from Battery Ventures and Harrison Metal. For additional information, visit: http://panjiva.com.