365 Named to Inc. 5000 List For Second Year in a Row
365 Retail Markets ranked No. 1,094 on the exclusive list achieving 354% revenue growth from 2012-2015.
August 31, 2015: Troy, MI – Inc. magazine has ranked 365 Retail Markets, the global leader in MicroMarket technology – offering a best-in-class POS platform for the vending, foodservice and hospitality industry, No. 1,094 on its 35th annual Inc. 5000, an exclusive ranking of the nation’s fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, Domino’s Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 5000.
“The past 12 months have been a whirlwind of activity for the entire 365 team, including myself. Exposure from national news coverage, television, radio, and now recognition for the second year in a row by Inc. tops off our year of accomplishments,” says 365 Retail Markets CEO, Joe Hessling. “It is clear that self-service technology will progress as a rapid-growth sector, and 365 will continue leading our industry with the best products, best team, and best customers.”
The 2016 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 23rd) is the most competitive crop in the list’s history. Since 2012, 365 Retail Markets has expanded their product and service offerings, achieved a 354% increase in revenue, and has added 80+ new jobs.
“The Inc. 5000 list stands out where it really counts,” says Inc. President and Editor-In-Chief Eric Schurenberg. “It honors real achievement by a founder or a team of them. No one makes the Inc. 5000 without building something great – usually from scratch. That’s one of the hardest things to do in business, as every company founder knows. But without it, free enterprise fails.”
“As good as it feels to tell yourself and others in the company that we are doing great, a third party validation of company performance from Inc. is something to really be proud of.” said Hessling.
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 at www.inc.com/inc5000.
More about Inc. and the Inc. 500|5000
Methodology
The 2016 Inc. 5000 is ranked according to percentage revenue growth when comparing 2012 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2012. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2015. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2012 is $100,000; the minimum for 2015 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About 365 Retail Markets
365 Retail Markets, a rapidly growing, self-checkout technology company with offices in Metro Detroit, Santa Clara, and Provo, offers the best-in-class point of sale platform for use in the workplace. Its proprietary, 365 MicroMarket, is a turnkey, unmanned market that allows customers to increase sales, improve the customer experience, and increase profits while decreasing operating costs. 365 Retail Markets has been pioneering innovation in the food service, hospitality, and vending industries since 2008, and continues to revolutionize the market with superior technology and ultimate flexibility in customization and branding. 365 has won many awards for their innovation and growth, including recently being named to the Inc. 5000 list of the fastest-growing private companies in the U.S.
For more information about 365 Retail Markets, visit www.365retailmarkets.com.
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