New York City, NY—August 15, 2023 — Inc. revealed today that Tenna ranks No. 284 on the 2023 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. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.
“Making the Inc. 5000 for the second time is a testament to the hard work and achievement of everyone at Tenna—from product management, to engineering and hardware, to sales and marketing, to our stellar customer service and implementation teams.,” said Tenna’s CEO Austin Conti. “Our goal is to be the leading technology provider exclusively for the construction industry, and Inc.’s recognition shows that we are steadily achieving that mission.”
The Inc. 5000 class of 2023 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 ticked up to an astonishing 2,238 percent. This year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.
In addition to ranking No. 284 on the list, Tenna ranked No. 7 among companies based in New Jersey, No. 36 among software providers, and No. 27 in the New York-Newark-Jersey City, NY-NJ-PA region.
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. The top 500 companies are featured in the September issue of Inc. magazine, available on newsstands beginning Tuesday, August 23.
“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”
About Tenna
Backed by over 100 years of experience in the construction industry, Tenna was built to revolutionize construction equipment and fleet operations. Tenna is the only equipment management system built exclusively for the construction industry and tailored to solve the specific challenges it faces with GPS-based locations and actionable data and reporting. From heavy iron; to vehicles and mid-sized equipment; to attachments, small tools, and consumables, Tenna provides a complete view of entire construction equipment fleets on one platform that also integrates with a variety of business ERPs and project management systems.
In the field, Tenna users gain more control over equipment utilization, master job costing, and better oversight over safety and compliance needs. At the office, Tenna users have full visibility over and improved communication with the field, shop, and between departments. The result is the power to make informed decisions, gain more business, and complete jobs more productively and profitably.
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More about Inc. and the Inc. 5000
Methodology
Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 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 reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 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.
