Row-by-Row Ascent: Hubstaff Makes a Repeat Appearance on the Inc. 5000 Ranking for a Second Consecutive Year
Hubstaff Soars on Inc. 5000 List for Second Consecutive Year
Hubstaff, the time tracking and project management software startup, has once again made a significant impact on the business world. In 2020, the company skyrocketed to #852 on the prestigious Inc. 5000 list, a remarkable improvement from its debut at #1352 the previous year.
This impressive growth can be attributed to a 498% increase in sales growth over three years. In 2019, Hubstaff introduced significant changes and new product offerings that contributed notably to their recognition on the Inc. 5000 list. That year, Hubstaff expanded beyond basic time tracking to offer a comprehensive workforce management platform.
The evolution into a more holistic platform included the introduction of automated timesheets, employee scheduling, geofencing employee tracking, and integrations with complementary products like Hubstaff Tasks and Hubstaff Talent. These functionalities extended capabilities into task and HR management.
By automating multiple aspects of business operations and making employee productivity tracking more detailed and actionable, Hubstaff was able to support its growth and market competitiveness. The inclusion of these functionalities, alongside an easy-to-use interface available on desktop, web, and mobile, helped attract a broader customer base.
Hubstaff's CEO and co-founder, Dave Nevogt, stated that the recognition on the Inc. 5000 list signifies continued growth for Hubstaff as a company and for its customers. He expressed gratitude to customers and readers for contributing to the company's growth.
The Inc. 5000 list is a unique look at the most successful companies blazing trails in the American economy's most dynamic segment - independent small and mid-sized businesses. Hubstaff's inclusion in this list for the second year in a row is a testament to the company's commitment to innovation and customer satisfaction.
[1] Source: Hubstaff press release, August 12, 2020.
