Cage Point LLC Ranks No. 44 on the 2020 Inc. 5000 with Three-Year Revenue Growth of 6,467% Percent
NEW YORK, Aug. 12, 2020 /PRNewswire/ -- Inc. magazine today announced that www.cagepoint.com, a leading independent data-driven omnichannel media agency has placed as number 44 on its annual Inc. 5000 list -- the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy's most dynamic segment--its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
Cage Point's proven strategy is integrating brands with people and people with brands through media and data driven technology. Their success is based on their advanced commerce and data reporting technology that is tailored to meet each of their client's marketing objectives, enabling them to deliver actionable results that help solve their client's business challenges and drive profitable growth.
Cage Point customizes each media strategy to meet the goals of each client, which range from: lead generation; increasing retail and/or ecommerce sales; to awareness. Cage Point takes a different media planning approach, which is agnostic the various media platforms as long as they deliver the desired results, such as Digital, TV, Radio, Social/Influencers, OOH and Experiential Consumer-Driven Marketing. With this unique approach, Cage Point has proven amazing success for their impressive roster of clients: Michelin, Eloan, Neurostar TMS Therapy, Popular Community Bank, Soft Lips, Freshpet, Rohto, JointFlex, Nizoral, and Buffalo Trace to name a few.
"We are thrilled to make the list of Inc. 5000 Fastest Growing companies," says Shattuck Groome, Founder and CEO. "More importantly, making the list reinforces our dedication to forming true partnerships with our clients, becoming an extension of their marketing team, and not just another vendor." Shattuck adds, "Cage Point's mission is to help our partners reach their customers in a 'real' way that grows their business. When they win, we win."
Cage Point was founded by Shattuck Groome, Anthony Costanzo and Courntey Krenach in 2016. Anthony Costanzo, Executive Vice President and Head of Analytics, brings expert knowledge in the everchanging media technologies and analytical platforms. Courtney Krenach, Executive Vice President of Operations, has a rich history with CPG brand and product management roles.
Other talented team members include Wilton Bealle and Mariana Walsh, Vice Presidents of Communication Strategy; and Monica Shukla, Head of Biddable Media.
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000's aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are also being featured in the September issue of Inc., available on newsstands August 12.
"The companies on this year's Inc. 5000 come from nearly every realm of business," says Inc. editor-in-chief Scott Omelianuk. "From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism."
The annual Inc. 5000 event honoring the companies on the list will be held virtually from October 23 to 27, 2020. As always, speakers will include some of the greatest innovators and business leaders of our generation.
More about Inc. and the Inc. 5000
Methodology
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference, visit http://conference.inc.com/.
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