AI Search Leader, Algolia, Recognized by Inc. 5000 for Seventh Consecutive Year
14 Agosto 2024 - 8:00AM
Business Wire
Algolia, the world’s only end-to-end AI Search platform, today
announced the company was included on Inc. Magazine’s annual Inc
5000 list of America’s Fastest-Growing Private Companies for the
seventh consecutive year. With a focus on revenue growth based on
continuous innovation, this award is one of many industry honors
given to the leader in AI Search, including the AI Breakthrough
Award for Best Overall AI Search Platform, AVA Digital Award in
Outstanding Creative Work and Forbes Cloud 100, among others.
Algolia’s head of corporate communications and brand, John
Stewart, shared his excitement around the company’s recognition:
“We’re delighted to be on the Inc. 5000 list for the seventh
consecutive year. This achievement is a testament to our incredible
team, whose dedication to delivering transformative technology
drives our success. At Algolia, our mission is to empower our
17,000 users with innovative search tools. We're proud to be
recognized by Inc. Magazine for our commitment to thoughtful,
groundbreaking solutions."
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.
“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.”
In addition to the many improvements and new features to
Algolia’s portfolio in the past year, the company recently released
its AI Personalization tool, allowing merchandisers and developers
to provide their online visitors with unique, tailored experiences
by leveraging comprehensive data. With the ability to be deployed
within minutes, retailers can now enhance user experiences like
never before.
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.
For more information about Algolia, visit www.Algolia.com.
About Algolia:
Algolia is the world's only end-to-end AI search platform. Our
engineers invented a breakthrough use of AI to create exponentially
better search & discovery. Algolia's proprietary NeuralSearch
tech combines vector-based natural language processing &
keyword matching in a single API. Algolia powers 1.75 trillion
search requests a year or more than 30 billion a week enabling more
than 17,000 customers in 150+ countries to build blazing-fast and
relevant search and discovery experiences for their in-app users
and/or online visitors using any web, mobile or voice device – by
surfacing the desired content instantly and at scale.
www.algolia.com.
More about Inc. and 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.
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Media Contact Audrey Surette PAN Communications for
Algolia algolia@pancomm.com