ALM Works has joined the ranks of the U.S.'s most dynamic companies as a new honoree on the prestigious Inc. 5000 list. Inc. Magazine's annual ranking honors the fastest-growing private, independent small businesses in the country, and serves as a showcase for companies on a hot streak.

"This is something that we as a company can really be proud of — something that all our team members together made possible," said ALM Works' CEO Igor Sereda. "It takes hard work and talent to grow as fast as we have, and I couldn't be happier with everyone's efforts."

This year's list, announced on Aug. 17, ranks the independent, for-profit, private businesses with the fastest percentage of revenue growth between 2017 and the end of 2020. ALM Works took spot 1,895 on Inc. 5000's 2021 roster.

ALM Works' revenue grew by 236 percent during that timeframe — in part, as a result of tireless efforts to expand the company's cloud products and build out other product innovation initiatives, Sereda said. The acceleration of cloud migrations and industry competition has been a powerful motivator. ALM Works found itself at an inflection point over this time frame, and has responded by ramping up its efforts, moving from a workforce of 50 people toward a 100-person team, growing faster than at any point in its history.

The company's inclusion is an even greater accomplishment when you consider the context of the past year: ALM Works and its peers on the Inc. 5000 list all had to be resilient in the face of pandemic-related disruptions.

As for the Inc. 5000 list, giants like Zappos, Under Armour, Intuit, Microsoft and Patagonia got their first national exposure as honorees on this list, and ALM Works is very happy to join such good company. Inc. Magazine has produced the list every year since 1982, analyzing company data to assess who gets picked.

The announcement is a rare opportunity to celebrate, Sereda said — in the midst of all this work and momentum, the Inc. 5000 list is an occasion to note that our work is paying off.

"It's good to have these moments to stop and reflect on where we've come from."

More good news: ALM Works earns top customer satisfaction scores

While Inc. celebrates the success of ALM Works as a company, a different award this week reminded us why the company is doing so well: Our products truly help our customers. SoftwareReviews' Application Lifecycle Management report awarded ALM Works a gold medal in 2021 — for the third time — thanks to high customer rankings.

Ninety-one percent of customers called our software "critical" to their success. Nearly 80 percent said they'd recommend ALM Works to others, 96 percent said they plan to renew their subscriptions to our products, and we got high marks across a range of product and personal experience metrics.