Motus Named an Inc Magazine Fastest Growing Private Company for the Third Year in a Row

Three-Year Revenue Growth of 450% Positions Anywhere Workforce Solutions Leader Among Nation’s Fastest-Growing Private Companies

BOSTON, Mass., August 17, 2021 – Motus, the definitive leader in anywhere workforce solutions, was today named to the 2021 Inc. 5000 list for the third consecutive year, ranking No. 1080 out of 5000 on Inc. Magazine’s list of the fastest-growing private companies in the United States. Since its inception in 1982, the Inc. 5000 list has recognized organizations that include Intuit, Zappos, Under Armour, Microsoft, Patagonia and many other well-known brands. With a three-year revenue growth of 449.8%, Motus distinguished itself among the 80th percentile of the most successful independent businesses in the nation.

“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” says Scott Omelianuk, Editor-in-Chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.”

The recognition comes after Motus swiftly deployed resources towards a new means of serving the “anywhere workforce” – addressing the rapidly-expanding remote work market. Remote work was on the radar for Motus prior to the pandemic, but it quickly took on a new significance when 54% of the U.S. workforce suddenly found themselves working at home full time as a result of stay-at-home orders. Building on its strong innovation culture and team alignment, Motus was able to bolster its customer base by nearly 10% and achieve a 94% customer retention rate by widening its reimbursement scope to include mobile devices and remote work with three new innovative offerings: Remote Work Reimbursement, Motus Device, and Arriver Services over the course of 2020.

“It’s an honor to earn a place on the Inc. 5000 list for the third straight year, and even more special when you consider the economic disruption and uncertainty caused by COVID-19,” said Craig Powell, President and CEO of Motus. “This recognition is a result of our team’s commitment to innovation and delivering client excellence regardless of circumstance. Our sustained growth in this climate speaks to the value of the Motus platform and our ability to provide essential reimbursement and management tools at a time when they’re needed most.”

In addition to accelerated product development and market expansion, Motus also positioned its internal team and culture for rapid growth in 2020. Following intensive employee engagement research that revealed its team was happier and more productive at home, Motus transitioned its workforce fully remote permanently and embraced “WorkAnywhere” as the fourth pillar of its Motus WorkLife culture. Motus has supported this successful transformation by partnering with restaurant groups, wellness providers and more to develop innovative programs tailored to building culture and collaboration across its fully remote team.

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc., which will be available on newsstands on August 20.

For information on the growing team and career opportunities at Motus, visit: https://www.motus.com/careers/.

About the Inc. 5000 Methodology

Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 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 three decimal places. There was one tie on this year’s Inc. 5000.  Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.

About Inc. Media

The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including web sites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Vision Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.

 

The Author

Motus

Motus is the definitive expert in anywhere workforce solutions. Its platform and proprietary software simplify the reimbursement and management of vehicle, device, work and living costs through personalized calculations. Powered by an unmatched pool of data, refined over more than 80 years, and updated in real time, Motus is the platform of choice for top Fortune 500 companies and organizations committed to workplace agility. Motus automotive data, captured and analyzed across the world’s largest retained pool of drivers, also underpins the annual Internal Revenue Service (IRS) business mileage standard, the amount an individual can deduct for business vehicle expenses. For more information please visit www.motus.com or connect with us on Twitter, Facebook, Instagram or LinkedIn.

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