|By PR Newswire||
|August 25, 2014 12:45 PM EDT||
AUSTIN, Texas, Aug. 25, 2014 /PRNewswire-iReach/ -- Earlier this week, Inc. magazine ranked Think Tech Labs No. 344 on its 33rd annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America's independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, Domino's Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 500|5000.
Vijay Mehra, Founder and CEO of Think Tech Labs, commented: "It has always been our mission to create a disruption in the real estate industry. Receiving this recognition from Inc., as one of America's fastest growing companies, further validates the need for technology in real estate. Think Tech Labs is currently bridging that gap. I am very excited and thankful to be included in the Inc. 500|5000 list amongst the most innovative companies who are also experiencing an exceptional amount of growth and success. I want to give a special thanks to our outstanding team at Think Tech Labs, our supportive partners, and our dedicated clients. We would not have been able to achieve what we have today without each and every one of you."
The 2014 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 20 to November 30), is the most competitive crop in the list's history. The average company on the list achieved a mind-boggling three-year growth of 516%. Think Tech Labs surpassed this average with a three-year growth rate of 1,361%. The Inc. 5000's aggregate revenue is $211 billion, generating 505,000 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.
"What surprises me, even though I know it's coming, is the sheer variety of the paths our entrepreneurs take to success, thematically reflecting how our economy has evolved," says Inc. President and Editor-In-Chief Eric Schurenberg. "This year there are far more social media and far fewer computer hardware businesses than there were, say, six years ago. But what doesn't change is the fearsome creativity unleashed by American entrepreneurship."
The annual Inc. 5000 event honoring all the companies on the list will be held from October 15 through 17, 2014 in Phoenix. Speakers include some of the greatest entrepreneurs of this and past generations, such as Michael Dell, Martha Stewart, host of the CNBC show "The Profit" Marcus Lemonis, Container Store Founder and CEO Kip Tindell, and Chobani Founder and CEO Hamdi Ulukaya.
Think Tech Labs LLC, a privately held company, was first started by Vijay Mehra in 2007. It all began in his tiny apartment in NYC and has recently grown to over 25 employees with two offices across Texas (Dallas and Austin). Vijay was first inspired to start Think Tech Labs when he saw the opportunity to close the gap between real estate and technology. His entrepreneurial spirit paired with his passion for transforming the real estate industry; drove him to build one of the top-rated real estate applications on the Salesforce AppExchange, REthink CRM. Vijay, a strong Salesforce advocate, formalized a partnership with the worlds #1 CRM platform, Salesforce.com to build his real estate solution. REthink CRM was created to change the way residential agents and commercial brokers run their businesses through a cloud-based application. Vijay's vision to create a disruption in the real estate industry by introducing the most powerful real estate technology on the market led to REthink's fast success and instant popularity amongst the real estate community. With over 134,000 users, in more than 15 different countries, REthink is just getting started and is excited to push real estate technology beyond the limits.
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More about Inc. and the Inc. 500|5000
The 2014 Inc. 5000 is ranked according to percentage revenue growth when comparing 2010 to 2013. To qualify, companies must have been founded and generating revenue by March 31, 2010. They had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2013. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2010 is $100,000; the minimum for 2013 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/5000.
About Inc. and the Inc. 5000
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. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit http://www.inc.com/.
The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://www.inc.com/.
Media Contact: Chelsea MacDade, Think Tech Labs, 972-638-0614, [email protected]
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