One Inc Named to the 2022 Inc. 5000 Nation’s Fastest-Growing Private Companies in America List
FOLSOM, Calif. – August 16, 2022 – One Inc, the leading digital payments network for the insurance industry, today announced that it is being recognized for the first time on the Inc. magazine annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing and most successful private companies. One Inc's ranking was based on its three-year total revenue growth of 201%.
The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Together, those companies added more than 68,394 jobs over the past three years.
Over the past three years, One Inc reported consistent fast-paced growth — a significant milestone when considering the many challenges all businesses faced due to the pandemic. One Inc has experienced nearly 45% average annual growth over the past three years and is on pace to exceed that mark in 2022.
With over a decade of powering payments exclusively for insurance, One Inc has revolutionized the insurance industry. By reducing the dependence on paper checks, insurers are now able to deliver fast and secure digital payment options via customer-preferred channels and methods. With a reimagined premium and claim payments platform, offering built-in risk and fraud prevention controls, digital payments have become a more cost-effective and secure solution for insurers.
“One Inc is thrilled to be recognized by Inc. 5000 as one of the fastest-growing companies in the U.S.,” says Ian Drysdale, Chief Executive Officer of One Inc. “While many industries have already adopted emerging technologies like mobile and real-time payments, this recognition shows the impact digital payments are having on the insurance industry in streamlining premium collections, claims disbursements, and transaction reconciliation. Making the list is an incredible honor. It underscores our strong commitment to the deployment of easy and efficient payment transactions, and to the success of our customers and partners.”
“The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated,” says Scott Omelianuk, editor-in-chief of Inc. “Inc. is to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today.”
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.
About One Inc One Inc is modernizing the insurance industry through a unified and frictionless payment network. Focusing only on the insurance industry, One Inc helps carriers transform their operations by reducing costs, increasing security, and optimizing customer experience. The comprehensive end-to-end digital payments platform provides expanded payment options, multi-channel digital communications, and rapid digital claim payments, even for the most complex insurance use cases. As one of the fastest growing digital payments platforms in the insurance industry, One Inc manages billions of dollars per year in premiums and claim payments. For more information, please visit www.oneinc.com.
More about Inc. and the Inc. 5000 Methodology Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 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. The top 500 companies on the Inc. 5000 are featured in Inc. magazine’s September issue. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.
About Inc. 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 websites, 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 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.