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Writer's pictureKelsie Papenhausen

KlariVis Secures No. 145 Spot on the 2024 Inc. 5000, Ranks 14th in the Software Industry

Company’s Performance Stands Out Among America’s Fastest-Growing Private Companies


ROANOKE, VA., August 13, 2024 – KlariVis, a pioneer in optimizing banking data analytics, announced today that it was ranked 145th overall and 14th in the software industry on the prestigious Inc. 5000 list of the fastest growing, privately owned companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy's most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.


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.


“Being recognized in the top 3% of this list is not just a milestone for KlariVis; it is a testament to the relentless hard work, passion, and dedication of our entire team,” said Kim Snyder, KlariVis Founder and CEO. “What started as a simple idea to revolutionize how banks leverage their data has grown into a powerful movement that is transforming the banking industry. Our technology empowers financial institutions to thrive, allowing bankers to focus on what they do best—serving their communities. This achievement reflects our unwavering belief in the potential of our technology, the trust our clients place in us, and our commitment to a brighter future for banking.”


Built for bankers, by bankers, KlariVis provides a comprehensive and intuitive platform that aggregates a bank’s high-value data into self-service dashboards and reports. The insights empower financial institutions to make informed decisions that drive growth and success at every level of the organization.


“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief. “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.”


Additional accomplishments KlariVis has achieved this year include the recognition as one of American Banker’s 2024 Best Places to Work in Fintech for the second year in a row, celebrating its 5th anniversary in business, reaching its 100-customer milestone and securing $11 million in Series B funding led by Blueprint Equity.


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.

 

About KlariVis

Created by veteran community bank executives, KlariVis enables banks of any size to accelerate growth by leveraging the data that is locked in its siloed banking systems. Developed on a modern technology stack, KlariVis lets banks see data in a way that empowers their teams and customers to live and work better. With the time saved on analysis, banks can put their new insights to work towards building a better bank. For more information, visit www.KlariVis.com.


About the Inc. 5000 Methodology

Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.


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 achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 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.

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