17.08.2021 20:15:00

Ostendio Ranks No.1067 on the 2021 Inc. 5000, with Three-Year Revenue Growth of 454%

NEW YORK, Aug. 17, 2021 /PRNewswire/ -- Inc. magazine today revealed that Ostendio is No. 1067 on its annual Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy's most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

"Making the Inc. 5000 list is excellent recognition of the hard work of the Ostendio team and of the value we are offering customers," said Grant Elliott, Chairman and CEO, Ostendio. "The Ostendio MyVCM platform is changing the way companies manage their data security and risk management programs. Ostendio MyVCM is making compliance to security standards more accessible offering an always-on, always auditable and always secure approach to data security."

"Ostendio is growing and hiring professionals who are great at what they do. Our talented team will continue to make the Ostendio MyVCM integrated risk management platform an industry leader," said Marc Bandini, President and COO, Ostendio.

Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year's list also proved especially resilient and flexible given 2020's unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 jobs over the past three 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. The top 500 companies are featured in the September issue of Inc., which will be available on newsstands on August 20.

"The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled," says Scott Omelianuk, editor-in-chief of Inc. "Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we've lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people."

Ostendio MyVCM is an Integrated Risk Management Platform that makes it easier to build, operate, and showcase your security program. Organizations of any size that need to demonstrate compliance to security standards internally and externally can benefit from Ostendio MyVCM. The platform provides a single solution that incorporates users and requirements from across the enterprise. Ostendio MyVCM helps companies: identify and quantify enterprise risk; quickly build and deploy security assessments; manage and respond to security incidents and breaches; and align vendors and suppliers to security and compliance standards. Visit https://www.ostendio.com for more information.

CONTACT:  Miranda Elliott, 316826@email4pr.com, 703-606-9373

More about Inc. and the Inc. 5000

Methodology
Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places. There was one tie on this year's Inc. 5000.  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 https://www.inc.com/inc5000.

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 multiplatform content reaches more than 50 million people each month across a variety of channels including web sites, 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 Vision Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.

For more information on the Inc. 5000 Vision Conference, visit https://conference.inc.com/.

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