Phunware Lands on Inc. 5000 List for Fourth Consecutive Year
Austin-based Multiscreen as a Service (MaaS) company receives repeat recognition as one of nation’s fastest-growing companies
AUSTIN, TX [August 23, 2016] – Phunware, whose Multiscreen as a Service (MaaS) platform helps brands engage, manage and monetize their mobile users anytime, anywhere, today announced its fourth consecutive year of inclusion in the annual Inc. 5000 list.
Each year, the prestigious list recognizes the nation’s fastest-growing private companies. After debuting in the Top 50 in 2013, Phunware’s sustained growth has earned the company continued recognition. This year, Phunware ranked number 765 out of 5000 other privately held companies in the United States. Companies are ranked based on the percentage growth of their annual revenue over a three-year period.
“Our substantial growth parallels the increasing mobile adoption of brands looking to reach and engage their users globally,” said Alan S. Knitowski, Chairman, CEO and Co-Founder of Phunware. “With mobile as the preferred platform for interaction between consumers and brands, brands have the ability to deliver relevant and meaningful experiences that drive loyalty and lasting relationships.”
Over the past 36 months, Phunware’s revenue grew 521%, aided by strong customer retention and continued growth of its brand portfolio, with more than 3600 brands served to date. The growth was also bolstered by the recent roll-out of Phunware Data, a data subscription service that gives brands access to more than 650 monthly active devices and 40 billion user events. The subscription allows brands to develop an unprecedented understanding of who their customers are and how to target and engage them in the right way.
This Inc. 5000 honor is one of many Phunware has received since its founding in 2009. Recent recognitions include USA TODAY’s Entrepreneur of the Year finalist and two consecutive years on both Forbes’ list of America’s Most Promising Companies and the Deloitte Technology Fast 500.
Phunware is the pioneer of Multiscreen as a Service (MaaS), a platform that lets brands engage, manage and monetize their users anytime, anywhere. Phunware creates category-defining mobile experiences for the world’s most respected brands, with more than 650 million devices touching its platform every month. For more information about how Phunware is transforming the way the world interacts with connected devices, visit www.phunware.com and follow us on Twitter @phunware.