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Education NewsFeaturedTechnology
Home›Education News›ParentSquare is lauded as one of America’s fastest-growing private companies

ParentSquare is lauded as one of America’s fastest-growing private companies

By Charles Sosnik
August 13, 2024
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Named to 2024 Inc. 5000 List, Ranking No. 763 with Three-Year 665% Revenue Growth

ParentSquare, the award-winning unified school-home engagement platform for K-12 education, has been recognized on the Inc. 5000 list, the most prestigious ranking of America’s fastest-growing private companies. ParentSquare holds the No. 763 spot on the 2024 list, up from No. 1060 last year.

The annual Inc. 5000 list, which has become the hallmark of entrepreneurial success, ranks companies by overall revenue growth over a three-year period. From 2020 to 2023, ParentSquare achieved 665% growth in revenue and a staff increase of over 525%. 

“Being named to the Inc. 5000 list for the second year in a row is a tremendous honor. ParentSquare’s triple-digit growth not only speaks to the loyalty of our customers but to our platform’s appeal to a rapidly growing number of K-12 schools and districts,” ParentSquare Co-Founder and Chief Executive Officer, Sohit Wadhwa said. “Family engagement is vital to student success, and we are happy to support educators in building and strengthening those school-home connections in a variety of ways.” 

ParentSquare is a unified technology platform designed to engage families with school communications and communications-based services, creating a powerful “flywheel effect” that benefits school communities across the country. From dynamic websites that make a great first impression for districts, to seamless communication with the entire school community, ParentSquare fosters strong teacher-parent relationships that turn parents into school advocates. This cycle of engagement and feedback drives continuous momentum, contributing to overall student success. With fully integrated tools such as two-way messaging, automated notifications, the Smart Sites website builder, translation in 130+ languages, and much more, district and school officials have everything they need to equitably optimize family engagement, while maintaining the highest standards of privacy and security.

“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief. “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.” 

Companies on the 2024 Inc. 5000 list are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2020. The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. 

Methodology

Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 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. 

More on ParentSquare

ParentSquare is the leading provider of digital family and community engagement solutions for K-12 institutions, serving over 20 million students across all 50 states. Districts rely on ParentSquare’s unified platform for mass notifications, classroom communications, school websites, translation in 130+ languages, and other everyday parent interactions. Seamless integrations with existing school information systems (SIS) easily connect schools with families to advance communication equity and impact student success. Founded in 2011, ParentSquare has experienced over 500% growth in the last three years. Explore how it is shaping the future of school-home communications at parentsquare.com.

For complete results of the Inc. 5000, go to www.inc.com/inc5000. 

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