Extensiv Ranks Among America’s Fastest-Growing Private Companies
Inc. revealed that Extensiv – delivering omnichannel software solutions for warehouse, inventory, and order management – is No. 3812 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy’s most dynamic segment—its independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Among the top 500, the average median three-year revenue growth rate soared to 2,144 percent. Together, those companies added more than 68,394 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. The top 500 companies are featured in the September issue of Inc. magazine, which will be available on August 23.
“The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated,” says Scott Omelianuk, editor-in-chief of Inc. “Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today.”
“Extensiv is reshaping ecommerce and logistics by helping brands and 3PLs work better together. Extensiv connects the supply chain—from the shopping cart to the doorstep—with industry-leading technology that provides unparalleled simplicity and value to its customers. Warehouse professionals and entrepreneurial brands use Extensiv’s intelligent distribution to transform fulfillment operations in the radically changing world of commerce and consumer expectations,” said Andy Lloyd, CEO of Extensiv. “Our customer retention, growth, and continued rise up the Inc. 5000 validate our strategy.”
In the past year, Extensiv has:
- Grown through strategic acquisitions: Extensiv made several bold acquisitions in 2021 as the foundation for its intelligent distribution strategy. These acquisitions included Skubana, Scout Software, and CartRover.
- Accelerated innovation: Building on the 2021 acquisitions, Extensiv released a series of industry-first innovations in 2022 as part of its omnichannel solutions strategy. The company launched the Extensiv Fulfillment Marketplace (a list of pre-vetted fulfillment partners best suited to merchants looking to find a new 3PL or 3PLs looking to build a 4PL network); Extensiv Network Manager (a way to help small and mid-sized 3PLs partner with geographically complementary 3PLs to offer distributed fulfillment services); and the Extensiv Parcel API platform, (a platform that reduces costs and increases vendor choices for small parcel shipping).
- Invested in community support: Extensiv remains committed to the logistics and ecommerce business community. The company launched Extensiv Market Insights to help brands better understand sales fluctuations through marketplaces. Market Insights includes data from thousands of brands processing millions of orders. Extensiv also continued its commitment to future logistics professionals, announcing the 3rd Annual Supply Chain Scholarship winner and the launch of the Spring 2023 Scholarship.
- Rebranded to Extensiv: 3PL Central rebranded as Extensiv. The decision to rebrand was the culmination of a strategic plan to offer ecommerce brands and third-party logistics (3PL) warehouses a new approach to growth.