LOS ANGELES – March 15, 2022 – Inc. Magazine today revealed that Socialive has placed No. 25 out of 150 on its third annual Inc. 5000 Regionals: Pacific list, the most prestigious ranking of the fastest-growing private companies based in Alaska, Hawaii, California, Oregon, and Washington. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful private companies generating sustainable growth and jobs in the Pacific region economy.
Due to increased company-wide demand, 88% of enterprises expect their video content output to increase within the next year. But companies often lack the budget, team capacity, and internal expertise to produce high-quality videos at scale. Therefore, companies have turned to Socialive’s self-serve video content creation platform to enable their teams to easily create, broadcast, and distribute studio quality live and on-demand videos.
“Socialive’s growth is evidence of the growing demand for more dynamic enterprise video content. As companies move from reactive to proactive video strategies, solutions like our self-serve video content creation platform can help them tell better stories, engage with unique audiences, and enhance internal communications,” said David Moricca, founder and CEO of Socialive. “Being named in the 2022 Inc. 5000 Regional is a testament to the drive and commitment of our entire team to help businesses achieve their goals and create authentic relationships through video content.”
The companies on this list show a remarkable rate of growth across all industries in the Pacific. Between 2018 and 2020, these 150 private companies had an average growth rate of 195% percent and, in 2020 alone, they added 10,252 jobs and $5.1 billion to the Pacific region’s economy. Companies based in the Irvine, Santa Monica, and Venice, California, areas had the highest growth rate overall.
“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 disruptors 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,” says Scott Omelianuk, editor-in-chief of Inc.
To learn more about Socialive, visit socialive.us.
More about Inc. and the Inc. 5000 Regionals
The 2022 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2018 and 2020. To qualify, companies must have been founded and generating revenue by March 31, 2018. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2020 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.
Socialive powers self-service video content creation for the enterprise. It’s the fastest, easiest way to create, broadcast and distribute unlimited live and on-demand videos with studio quality. The Socialive platform puts intuitive, professional-grade video production workflows into the hands of content producers and everyday business users, lowering the barrier to entry and increasing employee-created video output. Videos enable brands to connect with people in fresh, dynamic ways but it’s hard to produce great videos at scale while maintaining brand standards—budget, team capacity and internal expertise can be in short supply. Just-in-time production with Socialive unlocks use cases for video that build human connections through relatable content, turning video into a powerful engagement channel for employee, customer and partner communities to strengthen brand loyalty and company culture. Socialive’s Studio in the Cloud™ and integrated Virtual Green Room preserve the authenticity of live video while streamlining the end-to-end process from creation to delivery, consolidating the number of tools traditionally required for video production. Mobile friendly and simple to use, Socialive helps bring together diverse people and perspectives to amplify voices distributed across organizations and geographies. The platform’s industry-first remote recording capability captures high-quality video anywhere from any device with full enterprise-grade control. Leading enterprises and high-growth companies including Charles Schwab, Deloitte, Nike, Oracle, TikTok, The New York Times, Walmart and Zendesk use Socialive to drive business value through better, more frequent video creation. Meet the Moment With Video.™