Sales people work at Podium in Lehi on Monday, June 26, 2017.

Scott G Winterton, Deseret News | FILE – Sales people work at Podium in Lehi on Monday, June 26, 2017.

LEHI — Utah customer interaction platform Podium once again earned its way on to the annual Inc. 5000 list of the country’s fastest-growing companies with an astounding three-year revenue growth rate of 5,392%.

Podium’s ranking of No. 52 on Inc.’s 2019 list released Wednesday is down a bit from its 2018 spot at No. 13, but the company has continued a stellar business expansion rate since launching in 2014.

Podium CEO Eric Rea said the company’s success is intrinsically connected with how well the product meets the needs of clients.

Scott G Winterton, Deseret News

“This award is a testament to how our products are resonating with our clients and helping owners of local businesses connect with their customers better — and how much we’re growing as a result,” Rea said in a statement. “We’re especially excited to be so high on the list for the second year running because it shows sustained growth. Being ranked on growth percentage means we’re partially competing against our past success, and this proves we’re up to the task.”

Podium’s stat sheet, like its revenue growth, reflects how widely the platform is being adopted by offline business that recognize the need for online and digital connections with customers. The company reports it now has over 40,000 business clients and is mediating some 14 million customer interactions every month. Also, its platform has been used by nearly 1 in every 4 U.S. cellphone users.

The company has also attracted investment from some of the heaviest hitters in the U.S. venture capital realm. Those include Silicon Valley’s Institutional Venture Partners, GV (formerly Google Ventures), Accel, Summit Partners, Y Combinator and others.

Podium President Adam Edmunds told the …read more

Source:: Deseret News – Utah News


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