Fast-growing Raleigh software Pendo soars nearly 50 spots to No. 26 on Inc. 5000 list

RALEIGH – New data confirms that Raleigh-based software developer Pendo is one of the fastest growing privately held companies in the US.

Pendo, which is building a new headquarters in downtown and is committed to hiring hundreds of employees, vaulted to No. 26 on the latest Inc. 5000 List.

Inc., which compiles its list based primarily on data provided by companies, says Pendo improved its revenuew growth by 8,901% over the last three years.

Pendo rose from No. 73 in 2019.

Despite the COVID-19’s devastating economic impact on the US economy the Inc. 5000 produced overall more than $209 billion in revenues, reported a median growth rate of 165% and added more than 580,000 employees over the past year.

North Carolina firms in the top 500 other than Pendo include (Rank, name, three-year growth in revenue, type of firm, statte, city):

11
Nugget
13,786%
Manufacturing
North Carolina
Hillsborough

56
Esquire Media
5,485%
Advertising & Marketing
North Carolina
Durham

96
BlueDot Cares
3,568%
Health
North Carolina
Charlotte

125
AURA Technologies
2,933%
Government Services
North Carolina
Raleigh

137
Temprano Techvestors
2,660%
Software
North Carolina
Newton

175
Sift Media
2,254%
Advertising & Marketing
North Carolina
Durham

185
MedShift
2,222%
Health
North Carolina
Charlotte

194
Grover Gaming
2,175%
Software
North Carolina
Greenville

205
Sunlight Financial
2,090%
Financial Services
North Carolina
Charlotte

244
SeedSpark
1,809%
IT Management
North Carolina
Charlotte

255
POWERHOME SOLAR
1,738%
Energy
North Carolina
Mooresville