Connexa Ranks No. 145 on Inc. Magazine’s List of the Southwest Region’s Fastest-Growing Private Companies

Connexa Ranks No. 145 on Inc. Magazine’s List of the Southwest Region’s Fastest-Growing Private Companies .

Companies on the 2024 Inc. 5000 Regionals: Southwest list had an average growth rate of 135.43 percent.  

Comfort, TX  February 27, 2024 – Inc. magazine today revealed that Connexa is No. 145 on its fourth annual Inc. 5000 Regionals: Southwest list, the most prestigious ranking of the fastest-growing Southwest private companies, based in Arizona, New Mexico, Oklahoma, and Texas. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Southwest economy’s most dynamic segment– its independent small businesses.

“Thrilled to earn another spot on the Inc. 5000 Regionals list, reflecting our team's dedication, innovation, and drive.”   Michael Postel, President

The companies on this list show a remarkable rate of growth across all industries in the Southwest region. Between 2020 and 2022, these 162 private companies had an average growth rate of 135.43 percent; by 2023, they’d also added 17,606 jobs and $14.5 billion to the region’s economy.

Complete results of the Inc. 5000 Regionals: Southwest, including company profiles, can be found at inc.com/Southwest starting February 27, 2024. You’ll also find an interactive database that can be sorted by industry, metro area, and other criteria.

“The honorees in our Inc. 5000 network are the Who’s Who of private companies. They’re energizing regional economies as they engineer the future of their industries. Learn who they are and what they do — they’ll be impacting things for a while,” said Eric Hagerman, Special Projects Editor at Inc. Media.

Connexa is a manufacturer of innovative remote power products including battery-based solar power systems, as well as UPS critical power backup systems. Connexa, located outside of San Antonio, Texas, is vertically integrated from metals fabrication to electrical wiring and assembly, and its products enable the easy and rapid deployment of field electronics globally. For more information, visit at Connexa.com

More about Inc. and the Inc. 5000 Regionals  

Methodology 

The 2024 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2020 and 2022. To qualify, companies must have been founded and generating revenue by March 31, 2020. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2022 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.