Companies on the 2024 Inc. 5000 Regionals: Southeast list had an average growth rate of 166.43 percent.
OnPoint Warranty Solutions, LLC (“OnPoint”), a rapidly growing insuretech, mobile solutions and warranty services company, today announced that based upon a two-year revenue growth of 1281% from 2020 to 2022, OnPoint Warranty Solutions ranks No.9 on Inc. Magazine’s List of the Southeast Region’s Fastest-Growing Private Companies!
Companies on the 2024 Inc. 5000 Regionals: Southeast list had an average growth rate of 166.43 percent.
The fourth annual Inc. 5000 Regionals: Southeast list includes the most prestigious ranking of the fastest-growing Southeast private companies, based in South Carolina, Kentucky, Tennessee, Georgia, Arkansas, Alabama, Mississippi, Louisiana, Florida, and Puerto Rico.
Part of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Southeast economy’s most dynamic segment–its independent small businesses.
"We are honored to have made the fourth annual Inc. Magazine's Southeast Regionals list. Our team has worked hard over the last five years to develop an innovative insuretech platform, Service Avenger, which is a game changer for the warranty industry. Across five verticals, including manufacturing, retail, home warranty, HVAC, emerging technology service administration, we offer mobile solutions and warranty service products which drive revenue for our clients and peace of mind for homeowners. We are excited to continue to bring innovative warranty products to the global warranty industry", stated Chris Smith, CEO, OnPoint Warranty Solutions.
"I dreamt, when I founded OnPoint in California, in 2015, that it would revolutionize the warranty business. When I partnered with Chris Smith, and moved the business back to Kentucky in 2018, we agreed on a vision that put us on that path. In five short years, we've launched and grown a business in our home state. We've developed a innovative suite of insuretech and warranty products which drive real value for our clients and their customers. We've closed a unique private equity event, that included an acquisition. We employ hundreds of souls in the US and around the world. We are expanding our business in Canada and Latin America in 2024. We are so proud of our team and our business, said Rob Christian, President and Chief Risk Officer, OnPoint Warranty Solutions.
The companies on this list show a remarkable rate of growth across all industries in the Southeast region. Between 2020 and 2022, these 223 private companies had an average growth rate of 166.43 percent; by 2023, they’d also added 20,496 jobs and $8.8 billion to the region’s economy.
Complete results of the Inc. 5000 Regionals: Southeast, including company profiles, can be found at inc.com/Southeast starting February 27, 2024. You’ll also find an interactive database that can be sorted by industry, metro area, and other criteria.
“The honorees in our Inc. 5000 network are the Who’s Who of private companies. They’re energizing regional economies as they engineer the future of their industries. Learn who they are and what they do — they’ll be impacting things for a while,” said Eric Hagerman, Special Projects Editor at Inc. Media.
More about Inc. and the Inc. 5000 Regionals
Methodology
The 2024 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2020 and 2022. To qualify, companies must have been founded and generating revenue by March 31, 2020. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2022 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About OnPoint Warranty
OnPoint Warranty was launched in 2018 by tenured and respected experts in service, manufacturing, warranty, insuretech and logistics.
We connect brands to their customers through insuretech solutions, as well as dynamic mobile and warranty service products, designed to reduce risk, increase efficiency, delight consumers, and improve our clients’ bottom lines. For more information, visit: www.onpointwarranty.com
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multi-platform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent.
The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com
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