News

SimVentions, Inc. Ranks No. 2576 on the 2014 Inc. 5000 List

Inc. magazine today ranked SimVentions, Inc. NO. 2576 on its 33rd annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, Domino’s Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 500|5000.

“This past year, SimVentions has been blessed to be recognized by our State of Virginia’s governor for our “Commitment to Hiring Veterans,” by Virginia’s State Chamber of Commerce as one of Virginia’s “Fantastic 50,” and by Virginia Business as one of the “Best Places To Work In Virginia.” Continued recognition (now our second year in a row) by Inc. Magazine, as one of the fastest growing private companies in America, comes as no surprise…and reflects the hard work, dedication, entrepreneurial spirit, creative atmosphere, innovative solutions, positive and caring culture, and amazing employees and staff we have here at SimVentions. When you mix all of that with God, Country, and an incredible love and commitment for what we do on behalf of our country’s warfighters, armed services, and research & development labs – how could we have done any less?” says SimVentions CEO, Larry Root.

The 2014 Inc. 5000 is ranked according to percentage revenue growth when comparing 2010 to 2013. To qualify, companies must have been founded and generating revenue by March 31, 2010. They had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2013. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2010 is $100,000; the minimum for 2013 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. 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/5000.