Avex Recognized on the 2023 Inc. 5000 for the 2nd time!

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by: Avex Designs08/15/2023

Quick Summary NEW YORK, August 15, 2023–Inc. revealed today that Avex ranks No.3011 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses.


NEW YORK, August 15, 2023–Inc. revealed today that Avex ranks No.3011 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.

We are honored and humbled to be included, for a second time on the Inc. 5000 list with some amazing organizations. The entire team contributes to the success of the agency and I love when that is recognized. Avex will continue to deliver exceptional results for our clients on a consistent basis.

John Surdakowski - Founder & CEO at Avex

The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.

Running a business has only gotten harder since the end of the pandemic. To make the Inc. 5000 — with the fast growth that requires — is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.

Scott Omelianuk - Inc. Editor-in-chief

Methodology 

Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 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 four decimal places. 

About Avex

At Avex, we take immense pride in our workplace culture and partnerships with leading eCommerce solution providers including Shopify Plus, Klaviyo, Dynamic Yield, Yotpo, and more. Our track record reflects our commitment to excellence, as we consistently collaborate with brands to achieve remarkable outcomes. By curating a team of experienced innovators in creative, technology, and strategy, we not only aim to maintain our upward growth trajectory but also to elevate the standards within the industry. 

Moreover, our dedication to stay at the forefront of technological advancements underscores our commitment to providing our clients with unparalleled service. Through this fusion of expertise and cutting-edge technology, we continue to deliver remarkable results that shape and elevate the eCommerce landscape.

As a full-service eCommerce agency, our foundational principles guide our focus. Our core services align with our expertise, centered on helping solve complex technical and creative challenges for mid-marketing and enterprise brands – through data-driven UX design, advanced technological solutions, conversion rate optimization, and innovative retention marketing strategies.

About Inc.

Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. 

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