The Rainmaker Group, the hotel revenue and profit optimization software supplier, announced that it has again ranked on the Inc. 5000 list of the fastest-growing privately held companies in the U.S. for 2017, making it the seventh consecutive year to achieve this honor.
With the addition of 2017, Rainmaker is now part of an elite 2 percent of companies that have been listed seven times, and an even smaller percentage that have received this distinction for seven years consecutively. Rainmaker CEO Bruce Barfield cites a continuously expanding customer base and impressive growth—67 percent in the past three years alone—as the reason it consistently makes the magazine’s list.
“Our continuous growth is a testament to the dedication and commitment of the entire Rainmaker team, and we are extremely honored to receive this distinction for the seventh year in a row,” Barfield said. “We remain dedicated to developing the most advanced technologies to help our clients optimize their revenue and profit, as well as continuing to grow and expand our global footprint.”
Founded in 1998 by Barfield and Tammy Farley, who currently serves as president, Rainmaker has, for nearly 20 years, successfully developed and expanded its proprietary suite of products and consulting services.
Rainmaker’s industry-leading portfolio of revenue and profit optimization solutions consists of guestrev, grouprev, revcaster and revintel. This integrated, cloud-based platform is designed to help hoteliers streamline operations, enhance revenue optimization processes, improve lead performance and drive guest bookings. The company introduced several enhancements to its solutions during 2017, including the new revcaster platform and the addition of group forecasting functionality, which contributed to Rainmaker’s continued growth.
“The Inc. 5000 is the most persuasive evidence I know that the American Dream is still alive,” said Inc. President and Editor-In-Chief Eric Schurenberg. “The founders and CEOs of the Inc. 5000 tell us they think determination, risk-taking and vision were the keys to their success, and I believe them.”
The magazine reports that on average, companies that made the 2017 list have grown six-fold since 2013, an impressive feat during a time when the economy grew by only 6.7 percent.