August 23, 2011 (Burlington, VT) – Dealer.com, the global leader in automotive internet marketing solutions, was today recognized by Inc. Magazine as one of America’s fastest growing companies for the fifth year in a row. With a three-year sales growth of 390 percent, Dealer.com placed No. 800 on the fourth annual Inc 5000 list, and also ranked No. 57 in the Business Products and Services category in the United States.
“Making the Inc. 5000 list for the fifth year running is a strong testament to our innovative products, incredible growth, strong client relationships, and dedication to our employees,” said Mark Bonfigli, Founder and CEO of Dealer.com. “We are honored to be listed among such excellent company, and look forward to continuing to grow Dealer.com for years to come.”
“The leaders of the companies on this year’s Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression,” said Inc. president Bob LaPointe. “The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs.”
In addition to a year of rapid acceleration in sales, customers and product introductions, Dealer.com has also increased R&D spending more than 100 percent while adding key client relationships to its portfolio. In 2010, Dealer.com’s revenues reached $85 million, an increase of over 60 percent from 2009 and more than triple the 2008 level. The company also bolstered its senior management team this year by adding a new Vice President of Marketing while adding two members of Apax Partners to its Board of Directors.
To support continued growth, Dealer.com fosters a culture of innovation by spending more than $12,000 per year per employee on wellness programs. Employees, who provide award-winning customer service while developing innovative products and marketing solutions, also benefit from unique company perks which include a subsidized organic food café, comprehensive on-site fitness facilities, indoor tennis and basketball court, ping-pong tables, on-site massage breaks and more.
The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent-not subsidiaries or divisions of other companies-as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 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 www.inc.com/500.