Inc. magazine ranks leading self-service kiosk and digital signage technology manufacturer, ZIVELO, 1,167th on the 37th annual Inc. 500 | 5000 list. This prestigious list showcases the 5000 fastest growing privately held companies in the US each year that contribute to economic development and entrepreneurship.
Rankings are based on 3-year revenue growth percentages. ZIVELO showed a 418% increase in revenue from 2014 to 2017, positioning the company ahead of 3,833 other leading companies on the list.
To be eligible to be included on the list, companies must have been founded and generating revenue before 2014. They must also be US-based, privately held, and independent (not subsidiaries of other companies). Revenue in 2014 must have been at least $100,000 and in 2017 must have been at least $2 million to meet the eligibility requirements, which ZIVELO far exceeds.
Inc. also groups companies that make the Inc. 500 | 5000 list by category and ranks the companies within these categories. ZIVELO was listed as the 9th fastest growing computer hardware company in the country, as the 23rd fastest growing company in Phoenix, and as the 24th fastest growing company in Arizona, as well.
This is not the first time that ZIVELO has been recognized by Inc. magazine. Previously, ZIVELO has ranked overall as 2,292nd in 2017, 1,519th in 2014, and 697th in 2013. In addition, in 2012 the company’s founder and then CEO, Ziver Birg, was inducted into the exclusive Inc. 30 Under 30 list of up and coming entrepreneurs under the age of 30.
“We are honored to be recognized by Inc. as one of the fastest growing companies in the nation. The team has been working tirelessly to fast track our growth and this recognition prompts us to take a moment to reflect on how far we’ve come in such a short time,” says ZIVELO CEO Healey Cypher. “But we aren’t celebrating just yet. We’ve only fulfilled a fraction of our potential. This is just the beginning. With the major products and developments slated for release in 2018, ZIVELO is looking to accelerate the industry at an even faster rate moving forward.”
Inc. magazine, founded in 1979 and based in New York City, is a monthly publication focused on growing companies in the U.S. Inc. publishes an annual list of the 500 and 5000 fastest-growing private companies in the U.S. and is the only major brand dedicated exclusively to owners and managers of growing private companies, with aims to deliver real solutions for today’s innovative company builders. Inc.’s total monthly audience reach has grown to over 6,000,000 readers today. To view the entire list of the 5000 fastest growing US companies, please visit http://www.inc.com/inc5000.
ZIVELO’s mission is to revolutionize the way brands use technology to interact with their consumers on-premise and in the physical world. Founded in 2008, ZIVELO has rapidly grown to become the leading self-service technology brand offering a sleek and sophisticated product design, intuitive user experience, and cutting edge modular hardware solutions. In 2018, ZIVELO acquired Oak Labs, the creators of OakOS – the world’s first operating system for public computing experiences. Through the acquisition, ZIVELO now provides brands with an end-to-end solution for the roll-out of kiosks and digital signage. ZIVELO is headquartered in Scottsdale, AZ, with offices in San Francisco, CA and Seattle, WA. For more information, please visit http://www.zivelo.com/.
Photo Credit: iStockPhoto.com
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