Passio Technologies Named to 2018 Inc. 5000 List
Passio Technologies Named to 2018 Inc. 5000 List
Atlanta-based transit technology company Passio Technologies is thrilled to announce that it has been named to the 2018 Inc. 5000 list, an exclusive ranking of the nation’s fastest-growing innovators. This is Passio’s first time being recognized with this impressive group of the fastest growing companies in the United States. The companies listed on the Inc. 5000 (www.inc.com) are supremely competitive within their markets and exhibit outstanding year over year growth in those markets. The 2018 honorees collectively amassed $206.2 billion revenue in 2017, with a three-year increase of more than 150%.
James Ledbetter, editor-in-chief of Inc. Magazine, noted in his article These Are the True Job Creators Behind America’s Growing Economy, “Only about 12 percent of American companies achieve one-year revenue growth of 25 percent or more. Yet those are the companies that are responsible for half of all jobs created. ”
The Atlanta-based company, co-founded in 2008, by Scott Reiser and Mitch Skyer, ranked No. 1883 on the Inc. 5000, with a three-year sales growth of 238%. Passio was also recently named as one of the 2017 Top 40 Most Innovative Technology Companies in Georgia by the Technology Association of Georgia. With a small, but extraordinarily capable and dedicated team of customer service specialists, developers, and account managers, Passio has optimized its transit hardware and software solutions to create exceptional growth in both the number of customers and offerings it provides. By continuing to integrate, innovate, and collaborate with forward-thinking partner companies, Passio will aggressively expand into new markets providing even more robust technology solutions for its existing customer base. Passio serves multiple vertical markets, with the heaviest concentration in the college and university, public transit, and airport spaces, followed closely by healthcare, residential, hospitality, and corporate transit. “Passio has mastered what is on the bus as well as what is on the net,” says President Mitch Skyer. Forecasting optimization and edge computing will give Passio a competitive advantage spearheading future growth.
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 http://www.inc.com/inc5000.
About Inc. Media Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Winner of the National Magazine for General Excellence in both 2014 and 2012, total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 13,000,000 today. For more information, visit www.inc.com.
About Passio Technologies Named as one of 2018’s TAG Top 40 Innovative Companies in Georgia, Passio Technologies provides modular and scalable transit technology solutions to fit any-sized transit system. Passio’s exclusive platform, IncroMAXX, answers the daily challenges present in managing transportation systems, providing a single solution that integrates the technology passengers demand and that operators require for excellent transit service. Through onboard connectivity, IoT collection and integration, and cloud-based, open-architecture aggregation, Passio provides over 100 transit agencies with operational control improving mobility for passengers nation-wide. For additional information, please visit www.passiotech.com.
