Inc. magazine ranked Underground Elephant #1162 on its 33rd annual Inc. 500|5000 list, an exclusive ranking of the nation’s fastest-growing private companies. This news marks back-to-back Inc. 5000 rankings for Underground Elephant as it continues to thrive thanks to savvy online marketing services, in-house lead generation, and proprietary software as a service (SaaS) for centralized lead distribution.
In 2010 Underground Elephant’s revenue was $9.2M, skyrocketing to nearly $44M in 2013 and a 377% 3-year growth rate, which earned it the #1162 spot on the coveted Inc. list. Interestingly, of the 5000 companies on the list, only 113 are in San Diego and few of them operate in the advertising and marketing industry. Zooming out to the statewide level, Underground Elephant is among the top-30 fastest growing advertising and marketing companies in all of California–a state that represents the 8th largest economy in the world.
The first time Underground Elephant was ranked on this list, in 2013, it ranked #695 nationally and #13 in San Diego, with an exceptional 3-year growth of 659%. Underground Elephant also had the distinction of making Inc.’s top 100 Advertising and Marketing company list.
The Inc. 500|5000 list represents the most comprehensive look at one the critical segment of economic innovation—America’s independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 500|5000. Other alumni include Intuit, Zappos, Under Armour, Microsoft, Clif Bar, Patagonia, and Oracle to name a few. New entrants to the 2014 list include GoPro, Bridger, Tough Mudder, Bowlmor, and Lending Club.
“We have been able to achieve tremendous growth due to our team’s drive and commitment to excellence as well as the high level of trust placed upon us by our customers. We empower the world’s leading enterprises with best-in-class SaaS technology, performance-based marketing solutions, and high-quality customer acquisition products,” said Jason Kulpa, founder and leader of Underground Elephant.
The average company on the list achieved a mind-boggling 3-year growth of 516%. The Inc. 5000’ s aggregate revenue is $211 billion, generating 505,000 jobs over the past 3 years. 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.
“What surprises me, even though I know it’s coming, is the sheer variety of the paths our entrepreneurs take to success, thematically reflecting how our economy has evolved,” says Inc. President and Editor-In-Chief Eric Schurenberg. “This year there are far more social media and far fewer computer hardware businesses than there were, say, six years ago. But what doesn’t change is the fearsome creativity unleashed by American entrepreneurship.”
A Bit More About Underground Elephant
Underground Elephant delivers high-intent customers to large enterprises. As a performance-based provider of online marketing technology and customer acquisition solutions, Underground Elephant services multiple industries including auto insurance, post-secondary education, health insurance, and home services. It leverages unparalleled cloud-based SaaS marketing technology and platforms that deliver bankable calls, clicks and inquiries. Earlier this year, Underground Elephant helped launch Allstate’s Lead Marketplace a proprietary platform that streamlines the sales cycle, improves customer experience and increases buying power for Allstate insurance agency owners.
More about Inc. and the Inc. 500|5000
The 2014 Inc. 5000 is ranked according to percentage revenue growth when comparing 2010 to 2013. To qualify, companies must have been founded and generating revenue by March 31, 2010. They had to be U.S.-based, privately held, for profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2013. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2010 is $100,000; the minimum for 2013 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/5000.
About Inc. and the Inc. 5000
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit http://www.inc.com/.
The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation’s most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.