The B2B eCommerce and digital catalog management company ranked 125th on the prestigious list of the fastest-growing companies in the Midwest region with 124% growth over a two-year period.
MINNEAPOLIS, MN, March 01, 2023 /24-7PressRelease/ — Inc. magazine revealed that Channel Software was named the 125th fastest-growing company on its third annual Inc. 5000 Regionals: Midwest list. The list represents the most prestigious ranking of the fastest-growing Midwest private companies, based in Iowa, Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, North Dakota, Nebraska, Ohio, South Dakota, and Wisconsin. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Midwest economy’s most dynamic segment–its independent small businesses.
“We are incredibly excited and grateful that Channel Software has been named to this prestigious list for our company’s growth over the past two years. This recognition is a testament to the hard work and dedication of our talented team, who have been 100% dedicated to our customer’s success,” said Curt Olson, President of Channel Software. “With this milestone, we continue our mission to be the leading provider of integrated B2B eCommerce software that enables our industrial customers to grow their businesses, optimize their technology investments, and strengthen their customer relationships.”
The companies on this list show a remarkable rate of growth across all industries in the Midwest region. Between 2019 and 2021, these 202 private companies had an average growth rate of 535 percent and, in 2021 alone, they added 22,750 jobs and nearly $13.9 billion to the Midwest region’s economy.
“This year’s Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America’s off-the-charts growth companies. They’re disrupters and job creators, and all delivered an outsize impact on the economy. Remember their names and follow their lead. These are the companies you’ll be hearing about for years to come,” said Scott Omelianuk, editor-in-chief of Inc. magazine.
Channel Software Inc. is a U.S.-based company that provides B2B eCommerce software solutions to wholesale, distribution, manufacturers, manufacturer rep, field ordering, and IoT clients. Their flagship product, the CSX eCommerce platform, is a comprehensive software suite that simplifies the complexities of B2B eCommerce. The platform offers features that include an ERP-integrated commerce engine, eCommerce PIM, website CMS, customer management console, site search, real-time data analytics, and a cloud-hosted environment making it an ideal choice for industrial businesses looking to streamline their operations and grow revenue.
Channel Software is also highly regarded for its commitment to customer service and the company’s customers praise its fast response time and high-quality technical support. Customers consistently highlight that Channel Software is genuinely invested in their success and works diligently to ensure that the CSX eCommerce platform meets their specific needs.
More about Inc. and the Inc. 5000 Regionals
The 2023 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2019 and 2021. To qualify, companies must have been founded and generating revenue by March 31, 2019. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2021 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent.
The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
About Channel Software
Channel Software strives to be the leading provider of integrated, B2B eCommerce software and services enabling companies of all sizes to increase sales, optimize their technology investment, and strengthen customer relationships. Since 2001, our CSX eCommerce software architecture and its powerful software logic have been serving the complicated B2B eCommerce needs of forward-thinking distributors and manufacturers. For over 20 years our suite of eCommerce software products and tools has helped define the B2B eCommerce category as it exists today. Learn more at channelsoftware.com.
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