Innovecs Appears on the Inc. 5000, Ranking for the 4th Time

Innovecs Appears on the Inc. 5000, Ranking for the 4th Time

Kyiv, Ukraine — Inc. magazine today revealed that Innovecs is No. 1992 on its annual Inc. 5000 list, the most prestigious 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. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

It's an incredible honor to be recognized on the Inc. 5000 list for the fourth year in a row. For us, being among the fastest-growing companies in America is a validation of Innovecs employees' exceptional commitment and another milestone reflecting the excellent service delivered to our clients. We strive for sustained growth in the future, investing in our world-class engineering services and focusing on a corporate culture that leads to happier clients,

says Alex Lutskiy, Innovecs Co-Founder and CEO.

Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.  

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at

The companies on this year’s Inc. 5000 come from nearly every realm of business. From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism,

says Inc. editor-in-chief Scott Omelianuk.

The annual Inc. 5000 event honoring the companies on the list will be held virtually from October 23 to 27, 2020. As always, speakers will include some of the greatest innovators and business leaders of our generation.

Innovecs is a global software development company with offices in the USA, UK, Israel, and Ukraine. It was founded in 2011 and is headquartered in New York City, NY. Specializing in the design and development of software solutions, Innovecs team of more than 800 software engineers has expertise in the fields of Supply Chain & Logistics, Retail & Ecommerce, Healthcare, AdTech, FinTech, and Gaming & Entertainment. Company's software development services include QA and DevOps consulting, discrete product development, 3rd party system integration, data science, and gamification.