FREDERICK, Md., Aug. 20, 2020 – Orases, the leading custom software provider in the technology industry, today announced that it has ranked No. 3079 on the 39th annual, the most prestigious ranking of the nation’s fastest-growing private companies. This is the third year in a row that Orases has been named to the Inc. 5000 list and the only firm in the list that solely provides Custom Software Services.
The annual Inc. 5000 list includes the most successful companies within America’s most dynamic segment — independent small businesses. Companies named to the 2020 Inc. 5000 achieved a three-year average growth of over 500%, and a median rate of 165%. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over one million jobs over the past three years.
“We are extremely proud to be ranked among the fastest-growing companies in America for the third consecutive year,” said Orases President, Nick Damoulakis. “Our continued growth is proof that Orases has built one of the most innovative firms in the custom software industry led by a great culture and passion for delivering value to our clients. The success we’ve achieved to date only motivates us to work harder and keep innovating.”
Inc. Magazine Editor in Chief, James Ledbetter, said in a formal announcement letter to Orases’ President, Nick Damoulakis, “This achievement puts you in rarefied company. The elite group you’ve joined, over the years, includes companies such as Microsoft, Timberland, Vizio, Intuit, Chobani, Oracle, and Patagonia.”
“It is an honor to be ranked on the Inc. 5000 list for the third year in a row,” said Orases VP of Finance & Co-Founder, Amy Damoulakis. “When we started Orases in 2000, our mission was to make the world more efficient, remain easy to work with and create a culture we all can be proud of as one team. Seeing that mission and vision become a reality, and receiving prestigious awards such as the Inc. 5000, are both very gratifying. This award is a testament to the entire Orases team and the work we do every day.”
The 2020 Inc. 5000 list is the most competitive crop in the list’s history and complete results, including company profiles, can be found at www.inc.com/inc5000.
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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. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 20,000,000 today. For more information visit www.inc.com.
