GRAYBOX was ranked NO. 370 on Inc. magazine's 35th annual Inc. 500, an exclusive ranking of the nation's fastest-growing private companies. This new feather in our cap comes closely behind the Portland Business Journal ranking us as the 9th Fastest Growing Private Company in the Portland-metro area. We've seen 12 employees join the firm in 2016 so far, and are planning to add about nine more staff members before 2017. As the GRAYBOX team grows, we're able to partner with more and more businesses to help them find success in a digital-first world.
The Inc. 500 and Inc. 5000 list offers a snapshot of who's who amongst America's independent entrepreneurs. Companies such as Microsoft, Yelp, Pandora, Timberland, Dell, Domino's Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 5000. The average company on the list achieved a mind-boggling three-year growth of 490%. The companies on the Inc. 5000 list have an aggregate revenue is $205 billion, generating 647,000 jobs over the past three years. GRAYBOX has added 51 local jobs since we founded. The Inc. 5000 is ranked according to percentage revenue growth over a four-year period, and the Inc. 500 are the top 10% on the 5000 list. GRAYBOX was the 22nd Fastest-Growing digital agency nationwide, and 2nd Fastest-Growing agency among Oregon Companies.
While awards are great, they're not what motivates the GRAYBOX team's performance. We believe in partnerships not projects ‚ our involvement with clients reaches deeper than the project at hand. GRAYBOX's solutions have far-reaching impacts into our clients' businesses including their online marketing presence, business operations, sales workflows, logistics, content development and mobile apps. Custom-built digital solutions can automate processes for clients to relieve admin staff, and empower management with the data and marketing tools needed to attain growth goals. We're motivated to have real impacts on our clients' businesses by leveraging our online and offline expertise to help them succeed.
GRAYBOX is proud to work with some of the most talented folks in the industry. We'd like to thank our wonderful clients, without whom none of our success would be possible. We'd also like to thank our employees for their hard work and dedication. We love what we do and our team is inspired by the impacts we're having on our clients' businesses. Being recognized for our success is an honor. As we continue to grow our eyes are on the horizon, ready to tackle new challenges with our client partners.
Inc. 500|5000 Methodology
The 2016 Inc. 500 is ranked according to percentage revenue growth when comparing 2012 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2012. They had to be U.S.-based, privately held, for profit, and independent ‚ not subsidiaries or divisions of other companies ‚ as of December 31, 2015. The minimum revenue required for 2012 is $100,000; the minimum for 2015 is $2 million. The Inc. 500 represent the top 10% of the Inc. 5000 list.