Temecula-based IDIQ Earns a Spot on the Inc. 5000 List: Posts YoY Growth in Revenue

By: Sharjeel Sohaib

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Sep 3, 2022

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IDIQ, a market pioneer in credit report monitoring and identity theft prevention, was ranked No. 1036 on the 2022 Inc. 5000 List of America’s Fastest-Growing Private Companies. IDIQ has been acknowledged on the esteemed list for three years running.

Key Takeaway:

  • On the Inc. 5000 list, IDIQ was placed No. 86 in the Consumer Products & Services category and No. 1036 overall, with three-year revenue growth of 615%.

The Inc. 5000, 2022

Each year, Inc. Magazine selects the nation’s most prosperous and expanding businesses to be recognized on the list. The order of the companies on the 2022 Inc. 5000 list is determined by the revenue growth rate between 2018 and 2021. 

Ranking Criteria for Companies

Rankings of companies were derived from growth rates calculated to four decimal places. The following criteria were fulfilled this year by the companies that currently rank in the Inc. 5000:

  • Companies must have been established and making money by March 31, 2018. 
  • As of December 31, 2021, they must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other businesses. (Since then, several on the list may have gone public or been bought.) 
  • For 2018, the needed minimum revenue is $100,000; for 2021, it is $2 million. 

IDIQ Ranked Among Top American Companies

After two consecutive years, IDIQ has again made its space in the top 5000 fastest-growing companies in the U.S. 

“It’s an honor to be recognized on the Inc. 5000 list for the third consecutive year among so many leading companies,” said Scott Hermann, IDIQ CEO. “We have experienced exponential growth based on our roadmap for success. Our team has been an integral part of our success. It is committed to innovation and continually raising the bar to educate and protect consumers at every stage of life.”

About IDIQ

One of the leaders in identity theft prevention and credit report monitoring with the highest growth is IDIQ®. The firm offers credit report information, education, and protection that is helpful to both individuals and companies through its flagship brands, IdentityIQ® and MyScoreIQ®. The business provides customer assistance and service that is entirely American-based.

While assisting more than two million members in safeguarding their identities and credit over the past three years, IDIQ has grown its corporate team. It has employed more than 200 staff members and launched new offices in the United States.

“The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated,” said Scott Omelianuk, editor-in-chief of Inc. “Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today.”

EDC Valley of Innovation Marks July 26 as a Free Co-Working Day at TVE2 in Temecula

Startempire Wire

Wrap Up!

IDIQ retained its spot for three consecutive years on Inc’s annual list of the fastest-growing private enterprises in America. it also marks good news for IDIQ one of the few fast growing companies from the Inland Empire.

Author

  • Avatar Of Sharjeel

    Sharjeel joined Startempire Wire as emerging technologies editor. Earlier, he worked at Silicon Canals, a leading English language technology media source for the Benelux and wider Europe. He covered the European technology and startup ecosystem digging into latest funding rounds of startups.

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