Raleigh-Durham based Sitation is #379 on the 2021 Inc. 5000 List
August 17, 2021 – Apex, NC
Today Sitation is proud to share the news that it has earned national recognition as a member of the 2021 Inc. 5000, a list compiled annually by the editors of Inc. Magazine which recognizes the fastest growing private companies in the United States. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
With 3-year revenue growth of 1,274%, Sitation’s rank of #379 places it among the top 8% of this year’s honorees. Sitation is included among the top 500 companies featured in the September 2021 issue of Inc.
“I am immensely proud of this achievement,” said Steve Engelbrecht, founder and CEO of Sitation. “All of us at Sitation have worked extremely hard to build the business. This is a feather in the cap of every person on our team who has contributed to our growth. We’re also thankful to our clients and partners who trust us to help them compete and win in the e-commerce world.”
Sitation provides services and software for retailers, distributors, and manufacturers to create and manage product content in e-commerce channels, a niche within the e-commerce industry commonly referred to as product information management, or PIM. Although Sitation was founded by Engelbrecht in 2001, it’s only in recent years that the business has seen its surge in growth, with the first full-time employees joining in January of 2019. As of this writing, the Sitation team is more than 30 employees, and continuing its strong growth trajectory.
“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.”
Press & Media Inquiries
Please contact Steve Engelbrecht, Sitation’s founder and CEO.
Sitation is a boutique consultancy and software provider for retailers, distributors, brands, and manufacturers. With expertise in catalog management, search, and syndication, Sitation is a trusted partner to dozens of enterprise clients, and hundreds of mid-market companies. Sitation was founded in 2001 and is headquartered in the Raleigh-Durham area.
More about Inc. and the Inc. 5000
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 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 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.