Inc. revealed today that LILT, the leading AI solution for enterprise translation and content creation, ranks No. 2996 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.
“To be listed on the Inc. 5000 for the first time reflects recent momentum we’ve experienced,” said Spence Green, CEO and co-founder of LILT. “It is an exciting moment for us as it underscores our commitment to growth and excellence. We are grateful to our customers and partners for their unwavering support, and we look forward to building on this success as we scale our next-generation solution.”
The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate is 1,637 percent. In all, this year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.
“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief. “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.”
On a mission to make the world’s information available irrespective of where you’re born or what language you speak, LILT is working towards a world in which language is no longer a barrier to opportunity. As the volume of available global content grows exponentially, LILT enables leading enterprises and public sector organizations to scale and optimize their enterprise-grade translation and content creation with an AI-powered, next-generation solution.
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