Honorlock makes the Inc. 5000 list for the 3rd time.
Boca Raton, Florida – August 15, 2023 – Inc. revealed today that Honorlock ranks No. 667 on the 2023 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. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.
“This achievement doesn’t just acknowledge our growth, it underscores the importance of our mission and the impact it has on the educational landscape,” Michael Hemlepp, Honorlock CEO. “Our journey reflects the dedication of our entire team, partners, and educators who share our vision of upholding academic integrity and honesty. Being recognized on the Inc. 5000 for the third time is a testament to our unwavering spirit and the transformative impact we’re making in the world of online education.”
The Inc. 5000 class of 2023 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 ticked up to an astonishing 2,238 percent. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.
“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, available on newsstands beginning Tuesday, August 23.
About Honorlock’s Online Proctoring Services & Software
Honorlock’s online proctoring services and software revolutionize the way institutions and organizations ensure equity, protect exam integrity, and support learners throughout the assessment process. Our approach to online exam proctoring is to do what’s good for the institution and for the learner. We’ve dedicated ourselves to taking the technical online proctoring experience and making it more human and stress-free.
More about Inc and the Inc. 5000
Inc. 5000 list ranking methodology
Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 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.
Inc. reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media.
Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this list gives top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent.