Ambit Energy Makes Inc 5000 For 6th Consecutive Year

 

Ambit Energy, the world’s largest direct seller of energy and a leading national retail energy provider, today was ranked No. 2,814 on Inc. magazine’s 34th annual exclusive ranking of the nation’s fastest-growing private companies. With a record revenue of $1.5 billion in 2014, Ambit netted a three-year growth rate of 128 percent, and ranked No. 8 overall in total revenue.

“We are honored to be ranked for the sixth consecutive year on the Inc. 5000 list, which is a validation of our commitment to be the finest and most respected retail energy provider in America”

Ambit provides electricity and natural gas services in deregulated markets in 14 states and Washington, D.C., primarily using a direct sales channel of more than 350,000 Independent Consultants. The company originally captured the No. 1 position on the Inc. 5000 in 2010, and has since been honored each year, making this the sixth consecutive year to be awarded this distinction. In addition to revenue growth, Ambit also added an additional 370 employees from 2011 to 2014, which equates to nearly 64 percent of the company’s current workforce.

“We are honored to be ranked for the sixth consecutive year on the Inc. 5000 list, which is a validation of our commitment to be the finest and most respected retail energy provider in America,” said Jere Thompson, Jr., co-founder and CEO of Ambit Energy. “Ambit’s success is a testament to the hard work of our dedicated employees and more than 350,000 Independent Consultants across the country. They are the backbone of our continued growth.”

The 2015 Inc. 5000 list is ranked according to percentage revenue growth when comparing 2011 to 2014, with the average company on the list achieving a three-year growth of 490 percent. The Inc. 5000’s aggregate revenue is $205 billion, which generated more than 647,000 jobs over the past three years.

Each company will be honored at the annual Inc. 5000 event Oct. 21-23 in Orlando, Fla., with well-known entrepreneurs speaking at the event, including Robert Herjavec of ABC’s “Shark Tank” fame and from CNBC’s “The Profit,” Marcus Lemonis.

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. 

About Ambit Energy

Ambit Energy provides electricity and natural gas services in deregulated markets across the United States, primarily marketed through a direct sales channel of more than 350,000 Independent Consultants. Ambit was established in 2006 with one simple goal in mind: to be the finest and most-respected retail energy provider in America.

To that end, the Ambit team has built an award-winning customer care center, as well as great relationships with energy partners, consultants and customers alike. The strategy is working. Ambit was named the fastest-growing private company in the country for 2010 by Inc. Magazine, and has already surpassed milestones of one million customers and $1 billion in annual sales. 

About Inc. and the Inc. 5000

Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today.

The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.