Conversational AI Company’s Accelerating Growth Results in Third Appearance on the List, Up 639 Positions From Last Year, Now Ranked in the Top 2,000
FOSTER CITY, CA — August 15, 2018 — Conversica, the leader in conversational AI for business, has ranked 1,928 on Inc. magazine’s 37th annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies. The company’s accelerating revenue growth over consecutive three-year periods puts the company in an exclusive group of private companies appearing three times on the list and at higher and higher rankings.
This is just the most recent nod the company has received—Conversica is also a Gartner Cool Vendor, was named to the San Francisco Business Times “Fast 100” list of the Bay Area’s 100 fastest-growing private companies, is a Red Herring Global 100 award winner, and was named to CB Insights 2018 “AI 100.”
“We are honored to be recognized for a third year in the Inc. 5000,” said Alex Terry, CEO of Conversica. “Of the tens of thousands of companies that have applied to the Inc. 5000 over the years, only one in four has made the list three times, and just a select few have moved up each year, demonstrating accelerating growth. This recognition is a strong endorsement of the success our customers are having with our products and of the team that builds them.”
Conversica automates routine business conversations using virtual assistants powered by artificial intelligence. The company’s flagship AI Sales Assistant engages leads in a human conversation to qualify more of them for sales, freeing humans to spend more time closing business.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known companies gained their first national exposure as honorees on the Inc. 5000.
“If your company is on the Inc. 5000, it’s unparalleled recognition of your years of hard work and sacrifice,” says Inc. editor in chief James Ledbetter. “The lines of business may come and go or come and stay. What doesn’t change is the way entrepreneurs create and accelerate the forces that shape our lives.”
The 2018 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2014. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2017. Since then, a number of companies on the list have gone public or been acquired.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 18,000,000 today. For more information, visit www.inc.com.
Conversica is the leader in conversational AI for business and the only provider of AI-driven lead engagement software for marketing and sales organizations. The flagship Conversica® AI Sales Assistant helps companies find and secure customers more quickly and efficiently by automatically contacting, engaging, qualifying and following up with leads via natural, two-way conversations. Used by more than 1,000 companies worldwide, Conversica’s sales assistants are built on a proven AI platform integrating natural language processing (NLP), natural language generation (NLG), and machine learning (ML) capabilities and engage prospects over multiple communication channels and in multiple languages. Recognized by Gartner as a Cool Vendor, Conversica is a portfolio company of Providence Equity, Kennet Partners and Toba Capital and is headquartered in Foster City, Calif.