Inc. revealed that Leasepath ranked in the top half of the 2023 Inc. 5000, the publication’s annual list of the fastest-growing private companies in the U.S.

The Inc. 5000 ranking provides a data-driven look at the most successful companies within the economy’s most independent, entrepreneurial business segment. This is the second year in a row that Leasepath has made the list, moving up from No. 3,404 in 2022 to No. 2,421 this year. In addition, Leasepath ranked No. 317 in the Inc. 5000’s software category.

“Being recognized for a second consecutive year in the Inc. 5000 list is a tremendous moment reflecting the impact Leasepath is having for our partners in the equipment finance industry,” Jeffrey Bilbrey, CEO of Leasepath, said. “They trust us to deliver compelling value in the form of innovative technology that empowers the best commercial finance experiences, and in turn, this has fueled our growth to rise on the Inc. 5000 list of fastest-growing companies in America.”

Among this year’s top 500 companies in the Inc. 5000, the average median three-year revenue growth rate ticked up to 2,238%. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the U.S. economy over the past three years.

“Running a business has only gotten harder since the end of the pandemic,” Scott Omelianuk, editor-in-chief of Inc., said. “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.”

“We work every day to help our customers win easier, risk less and profit more,” Bilbrey said. “Our passion in advancing pioneering technology for the equipment and asset finance industry is only matched by our partners, who are equally passionate about delivering a unique and superior experience to their customers. Bringing industry-first digital innovations to equipment finance is driving success for our customers. And that is driving success for Leasepath because we know that the only way we win is by focusing on what our partners need to win.”