Bullhorn®, the cloud computing company that helps staffing and recruiting organizations transform their businesses, is pleased to announce that the Boston Business Journal has named Bullhorn to its exclusive 2021 Fast 50 list, which represent the 50 fastest-growing private companies in Massachusetts. The Fast 50 companies are selected and ranked based on a formula that counts revenue growth from 2017 to 2020.
“The past year has been unlike anything we’ve ever experienced as a business,” said Art Papas, founder and CEO of Bullhorn. “Despite the uncertain climate we’ve faced, we’ve kept our focus on supporting our customers and helping them adapt to unprecedented challenges and that, in turn, has resulted in their growth, and subsequently ours. This recognition by the Boston Business Journal is exciting validation that we’re doing work that resonates with the industry we serve.”
The numbers were crunched and analyzed by the Business Journal’s research department.
“The economic shutdown sent a lot of companies’ strategies and financials into uncharted territory in 2020, but as the Fast 50 illustrates, Greater Boston’s fastest-growth companies pivoted and prospered despite it all,” Carolyn M. Jones, market president and publisher of the Boston Business Journal.
A Fast 50 special publication is scheduled to run in the May 21 weekly edition of the Business Journal and online that week as well. A private virtual honoree celebration to honor this year’s Fast 50 is scheduled to be held on Wednesday, May 19, where the rankings will be released.
Companies on the Fast 50 must have their headquarters in Massachusetts and must have reported revenue of at least $500,000 in 2017 and $1 million in 2020 were considered. (Unlike in past years, due to the pandemic, companies were not disqualified from the ranking if they experienced a net loss during one of the years analyzed, provided growth from 2017 to 2020 was positive.)
For the complete list of 2021 Fast 50 companies, please visit the BBJ’s website.