For the 4th time, Patra appears on the Inc. 5000
"Patra on the Inc. 5000 2020 Fastest Growing Companies List"
Patra has earned a spot on three prestigious business ranking lists: Inc. Magazine’s Inc. 5000, Insurance Business America’s Top Insurance Workplaces, and Sacramento Business Journal’s Fastest-Growing Companies.
“Earning a spot on these respected lists, in the midst of such a challenging business climate, inspires me to maintain our momentum, remain positive, and continue to look for new opportunities,” says Patra President and CEO, John Simpson. “Patra’s growth – in the past and in the future – is absolutely driven by its dedicated and talented employees who unite globally to meet and exceed our customers’ expectations. And as we adjust our work-from-home model to meet new global demands, Patra remains steadfast in its commitment to be an inclusive workplace in which we strive to ensure employees feel motivated and supported.”
Launch From Original Source
Inc. magazine revealed that Patra is No. 2,902 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses.
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. This year’s Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent.
“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.”
Patra is a leading provider of technology-enabled insurance outsourcing. Patra powers insurance processes by optimizing the application of people and technology, supporting insurance organizations as they sell, deliver, and manage policies and customers through our PatraOne platform. Patra’s global team of over 6,000 process executives in geopolitically stable and democratic countries that protect data allows agencies, MGAs, wholesalers, and carriers to capture the Patra Advantage – profitable growth and organizational value.