Daily News
From Home Furnishing Business
ecUtopia Makes Inc. 5000 List
August 16,
2018 by Laurie Northington in Business Strategy, Industry 
ecUtopia, a provider of EDI services within the home furnishings industry, has announced its debut on the prestigious Inc. 5000 list.
The company is listed at 2,450 after achieving 176 percentage of revenue growth over the past three years.
“We’re proud of how this accomplishment affirms our value proposition,” said Phil Kenney, president and CEO. “Our easy to use, cloud-based tools provide complete visibility into our clients’ global supply chain while allowing trading partners of all sizes to share data to operate efficiently. We’re committed to making this happen for a vast array of organizations now and well into the future!”
Ron Sellers, founder of the company added, “We started ecUtopia seven years ago. In that time, there have been many proud moments. Among them include securing more than 100 retail clients using our system and connecting them with thousands of manufacturers that increase their transaction volume on ecUtopia consistently year over year. Being part of the Inc. 5000 group is truly an honor we are very proud to receive.”
The Inc. 5000 is a ranking of the nation’s fastest-growing private companies, ranked according to percentage revenue growth over a three-year period. To qualify, companies must have been founded and generating revenue by the first week of the starting calendar year, and therefore able to show three full calendar years of sales. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of Dec. 31 of the last year measured. Revenue in the initial year must have been at least $100,000, and income in the most recent year must have been at least $2 million.