Claravine Secures Spot on Inc. 5000 List for Fifth Consecutive Year

Claravine, The Data Standards Company, has achieved a significant milestone by securing a position on the Inc. 5000 list for the fifth consecutive year. The company ranked No. 2967 on the 2024 edition of the prestigious list, which recognizes the fastest-growing private companies in America.

The Inc. 5000 list, compiled annually by Inc. magazine, provides valuable insights into the most dynamic segment of the American economy - independent, entrepreneurial businesses. Many well-known brands, including Microsoft, Meta, Chobani, and Under Armour, gained their first national exposure as honorees on this list.

Verl Allen, CEO of Claravine, expressed pride in the company's consistent achievement, stating, "Being named to the Inc. 5000 list for the fifth consecutive year is a remarkable achievement for Claravine." Allen emphasized that this recognition reflects the dedication and teamwork of the entire organization. He also highlighted the company's commitment to innovation and delivering exceptional results for clients over the past five years.

Claravine's success is particularly noteworthy given the challenging economic landscape. The 2024 Inc. 5000 class represents companies that have managed to drive rapid revenue growth while navigating inflationary pressures, rising capital costs, and hiring challenges. Among the top 500 companies on the list, the average median three-year revenue growth rate stands at an impressive 1,637 percent.

The impact of these growth-oriented companies extends beyond their individual success. Collectively, the companies featured on this year's Inc. 5000 list have added 874,458 jobs to the economy over the past three years, contributing significantly to employment and economic vitality.

Claravine's inclusion in this esteemed list underscores its role in transforming the digital marketing and data management landscape. The company specializes in standardizing taxonomies, naming conventions, and metadata across digital experiences. Through its Data Standards Cloud, Claravine enables brands and agencies to take a proactive approach to marketing metadata and taxonomy, facilitating faster decision-making, greater agility, and increased return on investment.

The company's impact is evident in its client base, which includes a quarter of the Fortune 100 companies. These organizations rely on Claravine to define, apply, and connect standards across their ecosystems, ultimately leading to more accurate business insights and enhanced customer experiences.

Mike Hofman, the newly appointed editor-in-chief of Inc., commented on the diversity and innovation represented in this year's list. He noted the fascinating ways companies are transforming various sectors, from healthcare and AI to apparel and pet food, despite the economic disruptions of the past three years.

For those interested in exploring the complete results of the Inc. 5000, including company profiles and an interactive database, more information is available at www.inc.com/inc5000. The top 500 companies will also be featured in the new issue of Inc. magazine, available on newsstands from August 20.

Claravine's continued presence on the Inc. 5000 list not only highlights its growth trajectory but also signals its potential to shape the future of data standardization and digital marketing. As businesses increasingly rely on data-driven decision-making, Claravine's solutions are poised to play a crucial role in helping organizations harness the full potential of their digital experiences and marketing efforts.