We are honored and excited to announce today that Inc. magazine ranked Cloudbeds number 75 on the 2018 Inc. 5000. This exclusive list ranks the USA’s fastest-growing private companies. With a three-year sales growth of 4,241.5%, we are proud to be the top travel and hospitality company on the list. This achievement puts us in an elite group of past winners including companies such as Microsoft, Timberland, Vizio, Intuit, Chobani, Oracle, and Zappos.com. Earlier this year, Inc. magazine also awarded Cloudbeds with their Best Workplaces accolade for the second year in a row.
Cloudbeds’ growth has been fueled by a shared love of travel and a commitment to improving the experience of traveling. Our award-winning culture embraces remote work and encourages employees to travel and experience different cultures. We tripled our headcount over the past year following a simple, winning formula: hire the best people irrespective of geography and give them the opportunity to grow. With employees spanning 31 countries, Cloudbeds has raised over $21M in venture capital, completing a Series B financing round in June 2017 and two acquisitions in June 2014 and October 2017.
“Richard and I are beyond proud of our extraordinary team who has built this suite of tools and provides such a high level of customer support,” said Adam Harris, CEO at Cloudbeds. “Our growth speaks to the exciting rise of the independent hotelier empowered by technology. We are fueling a new change of guard by emboldening one of the largest portfolios of properties in the long tail segment. With more than 700,000 beds using our systems, we are truly revolutionizing travel technology.”
The top 500 companies, including Cloudbeds, will be featured in the September issue of Inc., available on newsstands today, August 15. The complete results of the 2018 Inc. 5000 can be found online at www.inc.com/inc5000.
Cloudbeds creates cloud-based hospitality management software that simplifies the working lives of professional property owners, operators, and employees. Tens of thousands of hotels, hostels, vacation rentals, and groups in over 135 countries trust Cloudbeds’ award-winning software. Founded in 2012, Cloudbeds has expanded to hundreds of team members in 31 countries who altogether speak 17 languages.