Eight years ago, CarLotz started out “to change the way people sell their vehicles,” said CarLotz chief executive officer Michael Bor.
“Being within the top 500 of the Inc. 5000 is validation that we have truly made an impact in the auto industry,” Bor said in a news release. “I’m constantly impressed by the hard work and dedication of our team and could not be prouder of everything we’ve accomplished.”
Inc. magazine on Wednesday announced that CarLotz was No. 435 on its annual Inc. 5000 list. The publication describes the list as “the most prestigious ranking of the nation’s fastest-growing private companies.”
The magazine also announced on Wednesday that automotive logistics company ACERTUS made the list at No. 1752. The company uses proprietary technology to deliver services throughout the lifecycle of a vehicle, including vehicle transport, title and registration, storage, care and maintenance, and compliance services.
“We are honored to be included on this prestigious list and humbled to stand among the nation’s fastest-growing private companies,” said ACERTUS co-founder and chief executive officer William Billiter. “None of this would be possible without our amazing team — it’s a testament to their hard work and dedication to excellence. The same entrepreneurial spirit that gave us our start continues to fuel our relentless drive to deliver innovative products, comprehensive services and exceptional customer service.”
As for CarLotz, the company made the list for a second year in a row.
According to Inc., Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp and Zillow are among many companies that gained their first national exposure as honorees on the list, which the magazine says offers a “unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses.”
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” Inc. editor in chief James Ledbetter said. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
The annual Inc. 5000 event honoring the companies on the list will take place Oct. 10 to 12 at the JW Marriott Desert Ridge Resort and Spa in Phoenix.