Rentec Direct Honored on Inc 5000 List of America’s Fastest-Growing Private Companies
Oregon-based property management software company, Rentec Direct, is included on prestigious Inc 5000 national list for the second year in a row.
GRANTS PASS, OR (PRWEB) 16 August 2018 – Rentec Direct, an industry leader in property management software solutions, has been ranked as one of America’s fastest-growing private companies by Inc. Magazine’s 36th annual Inc. 5000.
Rentec Direct is pleased to be in the company of current and past recipients of the award such as Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow and many other well-known brands.
“All of Rentec’s growth over the years has been organic, without any outside funds or investors,” said Nathan Miller, president and founder of Rentec Direct. “Reinvesting into the company and software development, and avoiding debt, has helped us build a business that focuses on our clients’ needs rather than the needs of an outside investor. Winning national recognition like this for growth proves that, for our team, this has been the right way to approach our business.”
The 2018 Inc. 5000, unveiled online at Inc.com, shows staggering growth compared with prior lists. This year’s list achieved an astounding three-year average growth of 538.2 percent, and a median rate of 171.8 percent. The Inc. 5000’s aggregate revenue was $206.1 billion in 2017, accounting for 664,095 jobs over the past three years.
Rentec has 12 employees serving more than 14,000 property managers and landlords nationwide. Rentec Direct’s platform helps clients avoid costly evictions and save money by automating common property management tasks. Rentec Direct also offers the easiest solutions for tenants looking to pay rent online and communicate with landlords. Features like these, along with a commitment to usability and customer service, have contributed to Rentec Direct’s substantial growth earning the organization recognition on this year’s Inc. 5000.
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.
About Rentec Direct
Rentec Direct offers industry leading property management software and tenant screening solutions for real estate professionals. Features include online rent payments, tenant and owner portals, the industry’s largest vacancy listing syndication network, full property, tenant, and owner accounting, 1099-MISC reporting, QuickBooks™ Sync and more. Rentec Direct received three gold-level 2018 American Business Awards, was named to the 2017 Inc 5000 List of Fastest-Growing Private Companies and the 2017 Entreprenuer360 list for Best Entrepreneurial Companies in America. http://www.rentecdirect.com
About Inc. and the Inc. 500|5000
The 2018 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2014. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2017. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2014 is $100,000; the minimum for 2017 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 http://www.inc.com/inc5000.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 18,000,000 today. For more information, visit http://www.inc.com.