Honorlock Honored as a 2021 GrowFL Florida Company to Watch
BOCA RATON, Fla. (October 5, 2021) – Honorlock, an authentication and academic integrity platform based in Boca Raton, has been selected as a 2021 GrowFL Florida Companies to Watch honoree.
The statewide competition identifies companies expected to see significant growth over the next several years and is supported by Nperspective CFO & Strategic Services, in association with the Edward Lowe Foundation.
Out of 300 nominations, 82 finalists were announced earlier in 2021 and just 50 were selected as honorees. Honorees were chosen by a panel of independent judges including past honorees, economic development leaders and corporate partners of GrowFL. Companies were judged on criteria including growth in number of employees; impact of the business in the job market; increase in sales and/or unit volume; current and past financial reports; innovativeness of the product or service; response to adversity; and contributions to aid community-oriented projects.
“It’s especially rewarding for others to recognize the hard work and effort put in by our team as we grow Honorlock into the premier online assessment platform,” said Michael Hemlepp, Honorlock CEO. “We appreciate all the support from our customers, our partners, and everyone in the Florida business and technology community.”
To qualify for the award, companies must be headquartered in Florida, have 6 – 150 employees and 2020 revenue between $750,000 – $100 million in. Even through the pandemic, these companies projected continued growth in 2021, with a 62% revenue increase and 49% growth in employees compared to 2020. If projections hold, these companies will have generated $1.7 billion in revenue and added more than 1,500 employees over the last five years — a 263% increase in revenue and a 206% increase in jobs since 2017.
Companies named to the list will be officially recognized at the 11th Annual GrowFL Florida Companies to Watch Celebration on February 17, 2022, at the Hard Rock Live in Universal CityWalk, Orlando, FL. For more information or to purchase tickets, visit https://growfl.com/flctw21/about-flctw/.