NEW
YORK, Aug. 13, 2024 /PRNewswire/ -- Inc.
revealed today that Learneo, for the third year in a row, has made
the Inc. 5000, its annual list of the fastest-growing private
companies in America. The prestigious ranking provides a
data-driven look at the most successful companies within the
economy's most dynamic segment—its independent, entrepreneurial
businesses. Microsoft, Meta, Chobani, Under Armour, Timberland,
Oracle, Patagonia, and many other household-name brands gained
their first national exposure as honorees on the Inc. 5000.
"We are honored to be recognized as one of the fastest-growing
companies on the Inc. 5000 list for the third year in a row," said
Andrew Grauer, CEO and co-founder of
Learneo. "This achievement is a testament to the persistent and
optimistic problem solving of our entire team. Our growth is driven
by our mission to help people learn and do more, better, faster,
and more affordable."
The Inc. 5000 class of 2024 represents companies that have
driven rapid revenue growth while navigating inflationary pressure,
the rising costs of capital, and seemingly intractable hiring
challenges. Among this year's top 500 companies, the average median
three-year revenue growth rate is 1,637 percent. In all, this
year's Inc. 5000 companies have added 874,458 jobs to the
economy over the past three years.
For complete results of the Inc. 5000, including company
profiles and an interactive database that can be sorted by
industry, location, and other criteria, go
to www.inc.com/inc5000. All 5000 companies are featured on
Inc.com starting Tuesday, August 13,
and the top 500 appear in the new issue of Inc. magazine,
available on newsstands beginning Tuesday,
August 20.
"One of the greatest joys of my job is going through the Inc.
5000 list," says Mike Hofman, who
recently joined Inc. as editor-in-chief. "To see all of the
intriguing and surprising ways that companies are transforming
sectors, from health care and AI to apparel and pet food, is
fascinating for me as a journalist and storyteller. Congratulations
to this year's honorees, as well, for growing their businesses fast
despite the economic disruption we all faced over the past three
years, from supply chain woes to inflation to changes in the
workforce."
Formerly Course Hero, Inc., Learneo was formed in 2022 by
Andrew Grauer and Gregor Carrigan to attract entrepreneurs and
builders eager to empower anyone to achieve their fullest
potential. Learneo provides an innovative approach to supporting
productivity and learning through a platform of interconnected
businesses. By fostering a mix of autonomy, decentralization, and
collaboration, it allows CEOs to lead their respective teams
effectively while benefiting from shared knowledge and integrated
strategies across the platform. This collaborative approach helps
businesses scale efficiently and solve complex problems more
effectively.
The current portfolio includes CliffsNotes, the original and
iconic study guide company; Course Hero, an online learning
platform of academic resources; LanguageTool, an AI-based spelling,
style, and grammar checker; LitCharts, a creator of literature
resources; QuillBot, an AI-powered writing companion helping anyone
improve their writing skills; Scribbr, a multilingual academic
proofreading service; Digital Student Solutions, including bartleby
and Student Brands, the go-to, online homework help service for
students everywhere; and Symbolab, an AI-based mathematics
resource.
About Learneo, Inc.
Learneo is pioneering a platform
of productivity and learning businesses. The platform of businesses
includes: CliffsNotes, the original and iconic study guide company;
Course Hero, the popular online study platform serving over 225,000
educators and millions of students; Digital Student Solutions,
including bartleby and Student Brands, the go-to, online homework
help service for students everywhere; LanguageTool, an AI-based
spelling, style, and grammar checker; LitCharts, creator of
extensive literature resources; QuillBot, an AI-powered writing
assistant; Scribbr, a multilingual academic proofreading service;
and Symbolab, an AI-based mathematics resource.
Based in Redwood City, CA,
Learneo operates as a virtual-first organization with office hubs
across the U.S., Canada,
Israel, India, and the
Netherlands.
More about the Inc. 5000 Methodology
Companies on the
2024 Inc. 5000 are ranked according to percentage revenue growth
from 2020 to 2023. To qualify, companies must have been founded and
generating revenue by March 31, 2020.
They must be U.S.-based, privately held, for-profit, and
independent—not subsidiaries or divisions of other companies—as of
December 31, 2023. (Since then, some
on the list may have gone public or been acquired.) The minimum
revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. As always, Inc. reserves the
right to decline applicants for subjective reasons. Growth rates
used to determine company rankings were calculated to four decimal
places.
About Inc.
Inc. Business Media is the leading
multimedia brand for entrepreneurs. Through its journalism,
Inc. aims to inform, educate, and elevate the profile of our
community: the risk-takers, the innovators, and the ultra-driven
go-getters who are creating our future. Inc.'s award-winning
work achieves a monthly brand footprint of more than 40 million
across a variety of channels, including events, print, digital,
video, podcasts, newsletters, and social media. Its proprietary
Inc. 5000 list, produced every year since its launch as the Inc.
100 in 1982, analyzes company data to rank the fastest-growing
privately held businesses in the United
States. The recognition that comes with inclusion on this
and other prestigious Inc. lists, such as Female Founders
and Power Partners, gives the founders of top businesses the
opportunity to engage with an exclusive community of their peers,
and credibility that helps them drive sales and recruit talent. For
more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, to
be held from October 16 to 18 in
Palm Desert, California, please
visit http://conference.inc.com/.
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SOURCE Learneo