The telecom contractor is listed as one of America’s fastest-growing private companies, with a three-year revenue growth rate of 871 percent

HUNTSVILLE, AL – (August 13, 2024) – Inc. today announced that Velox ranks No. 507 on the 2024 Inc. 5000, an annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within independent, entrepreneurial businesses. Today, Velox joins companies like Microsoft, Meta, Oracle, Patagonia, and other household-name brands as an Inc. 5000 honoree.

“We’re thrilled to receive this recognition, as it highlights our commitment to robust business development and strategic growth,” says Jimmy Hall, President of Velox. “We owe this honor to our entire team for their dedication to delivering quality services day after day.”

The Inc. 5000 class of 2024 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 is 1,637 percent. In all, this year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.

“Velox has been on an amazing trajectory since our inception, and it’ s due to our culture and philosophy,” says Tom Counts, CEO of Velox. “Approaching everything we do with The Velox Way in mind enables us to consistently deliver a quality result and true peace of mind for our customers, partners, and employees. We’re ready to drive our business forward even further and lead the way in shaping the future of the telecom industry.”

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/inc5000/2024.

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