Renowned business-media brand Inc. Magazine released the Inc. 5000 results. The annual ranking honored the Nation’s most successful independent businesses according to their revenue growth percentages from 2017 to 2019. Of the 5000 companies selected, Smart City Locating placed 2,447th.
“Being included on Inc’s list of fast-growing companies is an honor and no doubt the result of hard work put in by everyone on our team,” says Smart City’s Chief Financial Officer, Russell Chance. “While growth brings its challenges, it’s been amazing to see agents and employees rally around our mission of helping more renters find a space to be themselves,” says Chance.
Smart City experienced 144% revenue growth from 2017 to 2019, with annual earnings increasing from $7.7 million to more than $22 million. In addition to revenue, Smart City’s recent national expansion continues to increase market penetration by servicing a total of 8 cities across America–5 of which opened after 2020 amidst the pandemic. The Texas-based apartment locating company was also previously recognized on Inc. 5000’s annual list of the fastest-growing private companies in America both in 2019 (no. 670) and 2020 (no. 1086). Visit www.inc.com/inc5000/2021 to explore the complete list of America’s top private companies.