The Functionary Marks Its Third Consecutive Year on Inc. 5000's Fastest Growing Companies List
The Functionary, a dynamic player in the managed services sector, has once again made waves in the business world by securing the 2183rd spot on the prestigious Inc. 5000 list, highlighting the country's fastest-growing private companies. This marks the third consecutive year the company has earned this recognition, a testament to its impressive sales growth of 197% over the last three years. The annual Inc. 5000 list compiled by Inc. magazine is revered for showcasing independent entrepreneurs who represent the backbone of the U.S. economy. This year's ranking reflects a comprehensive look at companies both old and new, underlining their contribution to innovative business models and economic growth.
Founded in Texas, The Functionary distinguishes itself through its all-shore presence, providing a unique business model that encompasses onshore, nearshore, and offshore operations. As they continue to expand globally, the company is committed to staying at the forefront of technology by investing heavily in artificial intelligence and other advanced technologies.
CEO and Founder, Sam Darwish, expressed immense pride in his team, stating, "You are the heart and soul of this company. Your passion, talent, and relentless commitment are the driving forces behind our momentum. This award is a direct reflection of your hard work and collaborative spirit. Thank you for building, innovating, and showing up every single day. Three years on this prestigious list is a humbling recognition, and it fuels our excitement for the future. We can't wait to continue growing together." His gratitude extended to clients and partners, emphasizing their integral role in the company's ongoing success.
The Functionary's recent achievements include onboarding several enterprise clients, such as a major global transportation company and one of the leading e-commerce platforms. This strategic growth positions The Functionary effectively as a leading managed services provider, delivering innovative technology solutions tailored to meet their clients' needs.
The selection process for the Inc. 5000 involves rigorous criteria, including revenue growth percentages from 2021 to 2024. To qualify, companies must have been established and generating revenue by March 31, 2021, and be U.S.-based, privately-held entities. Requirements included a minimum revenue of $100,000 in 2021 and at least $2 million by 2024, ensuring the selected companies are truly among the fastest growing in the country.
Inc., the media giant behind this highly respected list, continues to provide valuable insights into the entrepreneurial landscape, informing and elevating the profile of those shaping the future of business. Founded in 1979, Inc. aims to spotlight entrepreneurs and business leaders who are risk-takers and visionaries.
As The Functionary moves forward, it remains dedicated to enhancing its project capabilities and supporting businesses in their growth. With a robust team and innovative approach, The Functionary is set to continue on its path of success while helping its clients thrive in an ever-evolving market.
If you want to learn more about what The Functionary can do for your business, explore their comprehensive service portfolio on their website. They aim to build transformative technology success stories for each of their clients. Through their commitment to excellence, empathy, and innovation, they ensure an impressive 98% client retention rate, gaining and maintaining the trust of industry giants like Amazon and Sony.
For businesses looking to leverage the power of managed services and technology solutions, The Functionary represents a leading choice, poised to aid countless organizations in achieving remarkable outcomes.