FOR IMMEDIATE RELEASE: AUGUST 15TH, 2018
Hailley Griffis, Public Relations Manager, Buffer
Buffer Named One of The Inc. 5000 For The First Time
Buffer Ranks No. 1557 on the 2018 Inc. 5000 with three-year growth of 302%
Inc. Magazine today ranked Buffer No. 1557 on the Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. With three-year growth of 302% from 2014 to 2017 helping Buffer make the list, the team is grateful to be joining the ranks of companies such as Zappos, Yelp, Pandora, Facebook, Oracle, Microsoft, and many others.
“In the past year, we’ve made significant efforts at Buffer to become a sustainable company which can exist and serve customers for decades to come,” says Buffer CEO Joel Gascoigne. “As an organization that strives to see growth as a side effect of solving customer problems and creating a healthy, positive and safe working environment for the team, we're especially delighted to be named one of the Inc. 5000 for the first time.”
As a transparent company, Buffer is in a rare position to openly share all of its revenue and earnings. Here are several key numbers from Buffer’s second quarter of 2018:
- MRR: $1,498,636
- ARR: $17,984,388
- Paying customers: 79,665
- Q2 Revenue: $4,527,930
- EBIDTA: $1,340,654
- EBITDA Margin: 29.61%
Since 1982, the Inc. 5000 list has honored the extraordinary journeys of the fastest-growing companies in America. “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 Inc. 5000 is a prestigious honor for growing private businesses and the team at Buffer is deeply honored to be receiving it this year.—
Buffer is an intuitive, streamlined social media management platform trusted by brands, businesses, agencies, and individuals to help drive meaningful engagement and results on social media. Over 5 million people have signed up to use our suite of publishing, engagement, analytics, and collaboration tools, all of which are carefully chosen and highly refined in order to help social media marketers and teams work more efficiently and effectively. Buffer is a team of real people, aligned in common values. For more information, visit www.buffer.com
More about Inc. and the Inc. 5000
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.) The minimum revenue required for 2014 is $100,000; the minimum for 2017 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/inc5000.
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.
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. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.###