StackNexus Secures Coveted Position on the Inc 5000 List For Third Consecutive Year with 596% 3-Year Revenue Growth

AI Empowered Company Recognized for Creating Innovative Technology Solutions That Are Quick to Launch to Help Clients Realize Potential Faster.

SACRAMENTO, CA, USA, August 21, 2024 /EINPresswire.com/ -- For the third consecutive year, StackNexus, a leading provider of AI empowered custom software solutions, has earned its place on the annual Inc. 5000. This respected ranking of the five thousand fastest-growing private companies recognizes the top companies in the nation and provides a data-driven look at the most successful companies within the economy's most dynamic segment—independent, entrepreneurial businesses. The prestigious award is highly competitive, with judges reviewing each company’s growth and achievements — and making the list for three years in a row is an enormous accomplishment.

"We love using technology to help our clients solve problems and enable their businesses to make a greater impact. AI has empowered us to rapidly create solutions and drive ROI for organizations faster than ever before,” Suman Akula, CEO, StackNexus.

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 difficult hiring challenges. The 2024 Inc. 5000 ranking is based on percentage revenue growth from 2020 to 2023.

Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000. StackNexus is honored to be mentioned alongside these global giants.

Ranked No. 832 on the Inc. 5000, with 596% 3-year growth, StackNexus has global team of more than 390 employees with offices in the United States, United Kingdom, United Arab Emirates, and India. The company was founded in 2017 by entrepreneur and CEO, Suman Akula with a vision of creating innovative and tailored technology solutions for clients that are easy to use and quick to launch to help them realize their extraordinary potential faster than a traditional coding solution.

To learn more about StackNexus, visit stacknexus.io

To view the complete Inc. 5000 list, visit www.inc.com/inc5000.

About StackNexus
StackNexus is a next-gen consulting firm focused on building AI-powered platforms and products for their customers. Their mission is to enable enterprises to empower business leaders to quickly drive business value. Rated as a best place to work in 2020 and 2021, StackNexus is a Salesforce technology services company which helps enterprises transform and modernize their processes by leveraging low code and no code. They also build apps and help companies design, develop and execute their digital journey.

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 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.

Tracy Marlowe
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