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Seven Finovate Alumni Listed in the 2012 Inc. 5000

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Inc. Magazine recently released its list of the top* 5000 fastest-growing, private U.S. companies. Seven Finovate alums made the cut.

Here’s a quick breakdown:

Thumbnail image for creditkarmalogo.jpgCredit Karma

Rank: 40
Description: Free consumer credit score reporting, tracking and advice service
3-year revenue growth: 54x
2011 revenue: $5.7 million
2008 revenue: $110,000
Employees: 27
Employee growth: 21
Founded: 2007
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Rank: 302
Description: Small business loan underwriting platform
3-year revenue growth: 13x
2011 revenue: $19 million
2008 revenue: $1.5 million
Employees: 96
Employee growth: 64
Founded: 2006

BraintreeLogo.jpg

Rank: 415
2011 ranking: 47
Description: Online payment processing platform
3-year revenue growth: 10x
2011 revenue: $9.9 million
2008 revenue: $990,000
Employees: 60
Employee growth: 45
Founded: 2007

Plastyc2.jpg

Rank: 564
Description: Prepaid services for the underbanked
3-year revenue growth: 7.6x
2011 revenue: $3.3 million
2008 revenue: $430,000
Employees: 7
Employee growth: 4
Founded: 2005

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Rank: 667
Description: Provides software that captures and analyzes consumer-generated reviews 
3-year revenue growth: 6.4x
2011 revenue: $65 million
2008 revenue: $10 million
Employees: 780
Employee growth: 680
Founded: 2005

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Rank: 790
2011 ranking: 377
Description: Supports mobile banking applications for FIs
3-year revenue growth: 5.3x
2011 revenue: $27 million
2008 revenue: $5.1 million
Employees: 197
Employee growth: 138
Founded: 2004

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Rank: 1761
Description: Provides authentication services
3-year revenue growth: 2.6x
2011 revenue: $9.8 million
2008 revenue: $3.7 million
Employees: 29
Employee growth: 10
Founded: 1999

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*Methodology

The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. The minimum revenue required for 2008 is $100,000; the minimum for 2011 is $2 million.