Samasource Honored on Inc. Magazine’s Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000

SAN FRANCISCO, August 12, 2020 – Samasource, the company providing high-quality training data and model validation software and solutions to more than 25% of the Fortune 50, announces its rank as No. 2952 on the 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. 

“We’re honored to have been recognized by Inc. as one of the fastest-growing private companies in the US,” said Wendy Gonzalez, President and Interim CEO of Samasource. “While this year has been challenging in many ways, it has been a year of growth for AI technologies and the high-quality data that powers them. This recognition is a testament to the hard work and dedication our team has demonstrated throughout the last decade. I’m proud of how far we’ve come and look forward to the advancements that lie ahead.” 

Founded over a decade ago, Samasource delivers secure, high-quality training data and validation for the technology teams driving humanity forward. Samasource experts specialize in image, video and sensor data annotation and validation for machine learning algorithms in industries including autonomous transportation, communications media and entertainment, e-commerce, retail, and biotech. Samasource fuels AI and has powered several groundbreaking social and technological advancements, from assisting in wildlife conservation to powering autonomous vehicles.

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.  

“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “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.”

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 www.inc.com/inc5000.

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

About Samasource

Samasource is the trusted, high-quality training data and validation provider for over 25% of the Fortune 50 companies such as Walmart, Google, and Microsoft. Founded over a decade ago, our experts specialize in image, video and sensor data annotation and validation for machine learning algorithms in industries including autonomous transportation, communications media and entertainment, e-commerce, retail, and biotech. Driven by a mission to expand opportunities for low-income people through the digital economy, our social business model has helped over 50,000 people lift themselves out of poverty. For more information, visit www.samasource.com. 

More about Inc. and the Inc. 5000

Methodology

The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. 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 2016 is $100,000; the minimum for 2019 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

The world’s most trusted business-media brand, Inc. 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 Inc. For more information, visit www.inc.com.

For more information on the Inc. 5000 Conference, visit http://conference.inc.com/.

Contact Information

Kayla Abbassi

Senior Account Manager

VSC on behalf of Samasource

kaylaa@vsc.co