Asset Panda Debuts at #23 on the Inc. 5000 Series: Texas Ranking 2020 with Two-Year Revenue Growth of 454%

After premiering at #104 on the Inc. 5000 National list in 2018 and leaping to #83 the following year, Frisco-based software company Asset Panda now makes its first appearance at #23 in the top 250 successful Texas companies in 2020.

FRISCO, TX, June 11, 2020 - Inc. Magazine has released its inaugural ranking of the 250 most successful companies in the Lone Star State. Qualifying companies must be U.S.-based, privately held, for profit and independent-not subsidiaries or divisions of other companies, located in the region and generating revenue by March 31, 2016.

“I’m humbled by such an honor in these difficult times,” said Rex Kurzius, CEO of Asset Panda. “We built this company from the ground up with a team that rises to every challenge. I’m optimistic that we will continue to grow and adapt as we face the new challenges 2020 has created with the same tenacity we’ve always had.”

The Inc. 5000 Series: Texas Ranking 2020 features companies whose revenue in 2018, alone, ranged from $1 million to $2.1 billion. With numbers like these, Texas entrepreneurs are proving that they have what it takes to thrive in a competitive market.

The 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 here.

About Asset Panda

Founded in 2012, Asset Panda is a powerful and flexible cloud-based asset management platform designed to help the world work smarter. The platform is designed with flexibility in mind, which allows Asset Panda to be configured to work the way the user does, for any kind of company. The company is committed to providing its customers with outstanding customer service and a constantly improving product.

Inc. Magazine named Asset Panda the 83rd fastest-growing company in America in 2019. Asset Panda’s solution was also recognized as one of the best facilities and maintenance management systems available, earning it a spot among the leaders of Software Advice’s 2019 FrontRunners list.

More about Inc. and the Inc. 5000


The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found here.

About Inc. Media

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. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit their website.

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



Angela Ledford

Angela is a Content Specialist who creates marketing collateral across all of Asset Panda's digital platforms. She works in tandem with the marketing team to develop short and long term strategies to educate current and potential clients about the benefits of asset tracking.