Companies on the 2021 Inc. 5000 Regionals: California list had an average growth rate of 535 percent.
Santa Cruz, California, March 16, 2021 – CodeStringers, a provider of software “upsourcing” services with a commitment to delivering innovation, craftsmanship and integrity in every product we build, today announced that it placed number 12 on the 2021 Inc. 5000 Regionals series list of fastest growing private companies. The California list is the most prestigious ranking of all the regional listings. Additionally, CodeStringers earned a spot among Inc. 5000 list of the fastest growing private companies in America in 2020.
“Five years ago when we established CodeStringers, our team endeavored to deliberately raise the bar in the software outsourcing industry,” said Michael Manzo, CodeStringers chief executive officer. “Most outsourcers over-promise and under-deliver, turning most engagements into nightmares for the client. So we created CodeStringers in order to change that".
“We strive to bring integrity, craftsmanship and innovation to every client engagement, which we call 'upsourcing'” said Manzo. “And our national and regional Inc. 5000 awards illustrate that we’ve been successful in that endeavor.”
The companies on this list show stunning rates of growth across all industries in California. Between 2017 and 2019, these 250 private companies had an average growth rate of 535 percent and, in 2019 alone, they employed more than 40,000 people and added nearly $7 billion to the California economy. Companies based in major metro areas—Los Angeles, the Bay Area, and San Diego—brought in the highest revenue overall.
You can find the complete results of the Inc. 5000 Regionals: California, including company profiles and an interactive database that you can sort by industry, metro area, and other criteria, at the official website starting from March 16, 2021.
“This list proves the power of companies in California no matter the industry,” says Inc. editor-in-chief Scott Omelianuk. “The impressive revenues and growth rates prove the insight and diligence of CEOs and that these businesses are here to stay.”
CodeStringers is an uncommon software development firm that brings innovation, craftsmanship, and integrity to the development of best-in-class cloud, web, and mobile software products. To provide the leadership focus required to deliver high-quality software at a fair price, we deliberately remain “boutique.” We develop both our own products and products for our clients. Additionally. We provide end-to-end product strategy, software release planning, software development, and quality assurance solutions for clients ranging from startups to large enterprises. Our corporate headquarters are in the United States, and we have a wholly owned development subsidiary in Vietnam.
Cynthia Applegate
Vice President of Marketing
CodeStringers
Phone: 831.222.7500
Email: cynthia.applegate@codestringers.com
The 2021 Inc. 5000 Regional are ranked according to percentage revenue growth when comparing 2017 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2017. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2019 is $1 million. As always, reserves the right to decline applicants for subjective reasons.
The world’s most trusted business-media brand, offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by For more information, visit www.inc.com.
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It is a regional series of Inc. magazine's annual Inc. 5000 ranking, listing the fastest growing private companies based in California. The 2021 California list included 250 companies ranked by percentage revenue growth between 2017 and 2019. The release notes those companies had an average growth rate of 535 percent and, in 2019 alone, employed more than 40,000 people.
CodeStringers placed number 12 on the 2021 Inc. 5000 Regionals: California list of fastest growing private companies, announced in March 2021. The company had also earned a spot on the national Inc. 5000 list of fastest growing private companies in America in 2020, so the regional ranking followed a national one.
Companies are ranked by percentage revenue growth comparing 2017 and 2019. To qualify for the 2021 list a company had to be founded and generating revenue by March 31, 2017, and be U.S.-based, privately held, for-profit and independent as of December 31, 2019. Minimum revenue was $100,000 for 2017 and $1 million for 2019.
Upsourcing is the term CodeStringers uses for its approach to software outsourcing: delivering innovation, craftsmanship and integrity in every client engagement, with hands-on leadership focus, as an alternative to outsourcers that over-promise and under-deliver. The company remains deliberately boutique and develops both its own products and products for clients, with headquarters in the United States and a development subsidiary in Vietnam.
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