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Illuminate Recognized as One of America's Fastest Growing Private Companies

Friday, August 14, 2020   (0 Comments)
Posted by: Nannette Nolan
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FOR SECOND YEAR IN A ROW, ILLUMINATE RECOGNIZED AS ONE OF AMERICA’S FASTEST GROWING PRIVATE COMPANIES 

Company named to 2020 Inc. 5000 ranking; three-year earnings growth soars by 76% 

Boston, MA [August 12, 2020] — Once again, Illuminate has been named to Inc. magazine’s Inc. 5000, the nationally recognized, annual list of the fastest-growing private companies in the United States. The Boston-based developer of innovative custom clinical sales training programs for the life science industry was first named to the Inc. 5000 ranking in 2019. The firm’s three-year revenue growth, which factored into the rankings, increased by 76%.

“This past year has posed unprecedented challenges, and I’ve been deeply impressed by the ingenuity, hard work, and commitment demonstrated by our entire team, all of which have contributed to our continued growth,” says Illuminate founder and president Shaun McMahon. “My congratulations and deep appreciation to everyone at Illuminate, and thanks to Inc. for this recognition.”

The Inc. 5000 ranking, available at www.inc.com/inc5000, spotlights U.S.-based, privately-held businesses that achieved a minimum of $2 million in annual earnings last year, after having earned at least $100,000 in 2016. First established in 1982, the Inc. list has been called “America’s Entrepreneurial Benchmark.”

“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”

For press inquiries, please contact Chris Kelly, Fifth House PR, at 617/532-0574.

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About Illuminate
Based in Boston, Illuminate is a client-focused, full-service training and
development firm that specializes in delivering customizable learning and development material for life science companies. Since 2004, we have worked to provide sales teams with custom learning solutions and complementary services designed to drive sales and deliver results. Find us at www.illuminate.net.


Methodology
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. 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 http://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 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 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.

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




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