CharterUP Secures No. 2 Spot on Inc. 5000’s List of America’s Fastest-Growing Private Companies

Austin, TX (August 15, 2023) — CharterUP, the first fully integrated charter bus marketplace for corporations, consumers, and operators, proudly announces a coveted spot on the prestigious Inc. 5000 list of America’s fastest-growing private companies. The platform leverages a nationwide network of bus operators and vehicles to make it possible for anyone to charter a bus in 60 seconds, disrupting the group transportation industry with accessibility and accountability.

Inc. magazine revealed that CharterUP is No. 2 on its annual Inc. 5000 list, with a 111,130% rise in revenue from 2020 to 2022. The list represents a one-of-a-kind look at the leading private companies within the economy’s most dynamic segment— independent businesses.

The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.

“We are profoundly grateful to our customers, partners and team, and incredibly humbled to receive this monumental honor from Inc. 5000,“ said Armir Harris, Founder and CEO of CharterUP, and winner of Ernst & Young’s (EY) Entrepreneur Of The Year® 2023 Gulf South Award. ”We embarked on this journey with a vision to empower groups, companies and operators with seamless access and full transparency. Our commitment to revolutionizing the industry is unwavering as we continue to shape a future for group travel that is good for our cities, the economy and environment"

“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”

Founded in 2017, CharterUP continues to grow its operations, surpassing a revenue run rate of $200M and amassing a 283% increase in demand for corporate shuttle services YoY. The company has more than quadrupled its headcount, from 40 in 2020 to approximately 170 currently, with plans to hire more than 100 additional team members over the next year.

CharterUP’s meteoric rise and unwavering commitment to innovation have catapulted it to the forefront of the charter services industry, bringing unrivaled scale with a network of 600 operators with a combined fleet of more than 4,000 vehicles. The company leverages proprietary technology to offer a comprehensive suite of services, including on-demand charter availability, real-time tracking, safety records, vehicle ratings and route optimization. ChaterUP also offers end-to-end corporate mobility solutions to a growing roster of Fortune 500 companies as more businesses recognize the value of shuttles for easier commutes and streamlined operations.

The company recently established a product and technology hub in Austin’s innovation corridor, signifying CharterUP’s commitment to scaling operations. CharterUP has also fortified its leadership team with key additions including Brian Showers as Chief Technology Officer, Tyler Baldwin as Chief Revenue Officer, Jennifer Gardner as Vice President of People, Nick Donelson as Vice President of Product and Evan Hopkins as the Vice President of Supply.

For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, available on newsstands beginning Tuesday, August 23.

For more information on CharterUP and its innovative group transportation solutions, please visit charterup.com.

About CharterUP

CharterUP is the first fully integrated marketplace for bus charters in the U.S. Built for corporations, individual users, and operators; its platform removes the friction from reserving private group transportation by instantly connecting bookers to a virtual fleet of local bus operators. Its platform features a suite of capabilities that includes instant booking, real-time availability & tracking, and dynamic pricing via self-serve technology. Combined with its growing virtual fleet of over 4,000 fully integrated charters, CharterUP delivers unmatched accessibility, accountability, and transparency never seen before in the charter bus space. Founded by long-time charter bus entrepreneur Armir Harris in 2018, CharterUP is headquartered in Atlanta and works with operators in dozens of local markets nationwide. For more information, visit charterup.com.

About Inc.

Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.

For more information on the Inc. 5000 Conference & Gala, slated for October 31 - November 2 in San Antonio, visit http://conference.inc.com/.

Contact Information

Natalie Bartels

Media Contact

VSC for CharterUP

charterup@vsc.co