Press Release

Onapsis Named to 2023 Inc. 5000 List of Fastest Growing Companies for the Third Consecutive Year

Onapsis delivered sustained rapid revenue growth over the past three years by executing against record customer demand to protect ERP applications in cloud and digital transformation initiatives

BOSTON – August 15 – Inc. revealed today that Onapsis ranks No. 3,976 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful and fastest growing companies in the United States. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.

“Receiving this honor for a third consecutive year is a testament to the strength of Onapsis. We have been able to continue growing the business rapidly while significantly increasing our profitability margins at the same time. This is hard to do at scale, especially in the context of the difficult macroeconomic environment of the last few years, and I am incredibly proud of our team’s determination and resilience,” said Mariano Nunez, CEO of Onapsis. “Onapsis is now uniquely positioned to capture the demand resulting from a new investment cycle in ERP cloud and digital transformations, having become the industry standard to protect business-critical applications at hundreds of the world’s leading organizations. We are excited to carry the momentum from this achievement into the second half of 2023 and beyond.” 

As businesses across manufacturing, utilities, chemicals, and pharmaceuticals have experienced increasingly sophisticated attacks on ERP systems and other critical applications, organizations around the globe are turning toward Onapsis to integrate SAP and Oracle security into their existing solutions and processes. Today, nearly 30% of the Forbes Global 100, including the likes of Sony, Schlumberger, and Levi’s rely on Onapsis to accelerate their cloud and digital transformation initiatives securely, seamlessly integrating SAP business-critical applications into their attack surface management, threat monitoring, DevSecOps and compliance programs. As a result, the company has grown by 116% over the last three years.

Onapsis is among the estimated 25% of all Inc. honorees who have earned this distinction three years in a row. This announcement comes on the heels of a momentous year that saw Onapsis’ security platform earn a first-of-its-kind endorsement from SAP, strategic collaborations with key technology partners, and the Onapsis Research Labs’ cumulative discovery of 1,000 vulnerabilities in business applications.

The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.  

For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, available on newsstands beginning Tuesday, August 23. 

“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”

To learn more about Onapsis and its solutions, please visit: https://onapsis.com/.

Methodology 

Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 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. 

About Inc. 

Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com

For more information on the Inc. 5000 Conference & Gala, slated for October 31 – November 2 in San Antonio, visit http://conference.inc.com/.  

About Onapsis

Onapsis protects the business applications that run the global economy. The Onapsis Platform delivers vulnerability management, change assurance, and continuous compliance for business applications from leading vendors such as SAP, Oracle, and others. The Onapsis Platform is powered by the Onapsis Research Labs, the team responsible for the discovery and mitigation of more than 1,000 zero-day vulnerabilities in business applications.

Onapsis proudly serves hundreds of the world’s leading brands, including close to 30% of the Forbes Global 100, six of the top 10 automotive companies, five of the top 10 chemical companies, four of the top 10 technology companies, and three of the top 10 oil and gas companies.

For more information, connect with Onapsis on Twitter or LinkedIn, or visit https://www.onapsis.com.