In recognition of the three-digit growth, over three years, Inc. the magazine recognized Benzinga for the second year as one of the fastest growing companies.
Based in Detroit, Benzinga is a media outlet and data provider for large institutions and retail investors. Its core product portfolio consists of newswire and analytics software.
In helping investors, builders and allocators learn and achieve better growth, Benzinga also hosts in-person thought leadership, networking and educational events.
Impact: Before 2020, by many, Benzinga was labeled a startup and on the radar of a few.
Then, after the onset of the pandemic, interest in the financial markets exploded and Benzinga achieved growth of nearly 500%.
In 2021, the company was acquired by Beringer Capital, a private equity firm focused on media, marketing and technology for $ 300 million.
Since then, the company has expanded its social media presence, added to its portfolio of news and data products, and hosted numerous events including a conference and afterparty in Miami featuring the likes of Ric Flair. , Mike Tyson and Rick Ross.
In the latter ranking, Benzinga came in at no. 1353 out of 5000, down from no. 1586 last year, a confirmation of the company’s commitment to help users better understand and compete in today’s rapidly changing markets.
In a statement, Benzinga’s founder and CEO expressed enthusiasm for the future.
“I am proud to be a Inc. 5000 companies for the second consecutive time, ”he said. “The past two years have been an incredible challenge for us as we have had to recover and adapt to the pandemic as well as evolve our business model and deliver better value to our users.”
“The growth of 479% in 3 years is no small number. I am proud that we continue to find better ways to enable and strengthen financial sustainability for a greater share of people. “
What’s next: From mainstream coverage of money-making moves during the 1920s meme stock saga to launching epic events like its upcoming Cannabis Capital Conference in Chicago and Future of Crypto in New York, Benzinga will continue to make people more aware and connected. .
“Benzinga was created to level the playing field for individual investors and, during a time of extreme uncertainty, I am incredibly proud of the Benzinga team for being a guiding light for our users, as reflected in the Inc. 5000 awards, “said Benzinga Vice President Luke Jacobi.
“We have a lot more in store for the Benzinga community and look forward to continuing to build with our users.”
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