Inc. 5,000 Names Passage One of the Fastest-Growing Private Companies in Midwest

With a Two-Year Revenue Growth of 220 Percent, Passage Ticketing Ranks #77 on Inc. Magazine’s List of the Midwest Region’s Fastest-Growing Private Companies 

Passage moved up from #89 in 2022 to #77 in 2023

Inc. magazine today revealed that Passage Ticketing is No. 77 on its third annual Inc. 5000 Regionals: Midwest list, the most prestigious ranking of the fastest-growing Midwest private companies, based in Iowa, Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, North Dakota, Nebraska, Ohio, South Dakota, and Wisconsin. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Midwest economy’s most dynamic segment–its independent small businesses. 

“It’s an honor to be named among the fastest-growing companies in the Midwest for the second year in a row,” said Alex Linebrink, CEO of Passage. “We’re grateful to all our customers, partners, investors, and team members for their continued support. This is just the beginning: we’re reshaping the ticketing industry, making it better for fans and event producers alike. We’re ready to climb toward our next phase of growth. And we’re proud to be doing it here in the Midwest.”

The companies on this list show a remarkable rate of growth across all industries in the Midwest region. Between 2019 and 2021, these 203 private companies had a median growth rate of 160 percent and, in 2021 alone, they added 22,750 jobs and nearly $13.9 billion to the Midwest region’s economy. Passage moved up the list this year, jumping from No. 89 in 2022 to No. 77 in 2023. 

Complete results of the Inc. 5000 Regionals: Midwest, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/midwest.

“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 disrupters 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,” said Scott Omelianuk, editor-in-chief of Inc. magazine.

Passage powers ticketing, payments, and technology for events. The all-in-one mobile box office allows owners and managers to take control of their ticket, merchandise, and concession sales both online and at-the-door, all while reaching more fans and making more money. Learn more at GoPassage.com. 

More about Inc. and the Inc. 5000 Regionals

Methodology 
The 2023 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2019 and 2021. To qualify, companies must have been founded and generating revenue by March 31, 2019. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2021 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.