Wednesday, August 16, 2017 - Reverb.com, the online marketplace for buying, selling, and learning about music gear, has been ranked No. 18 on the 2017 Inc. 500 | 5000 list of America’s fastest-growing private companies. With 12,327.2 percent three-year sales growth, Reverb.com ranked No. 1 in top retail companies, No. 2 in top Illinois companies, and No. 2 in top Chicago companies.
“We’ve worked tirelessly since 2013 to grow Reverb.com into what it is today — the best place online for musicians all over the world to buy and sell music gear,” said Reverb.com Founder and CEO David Kalt. “Above all else, we do what we do because we’re passionate about making the world a more musical place, but it is incredibly humbling to be recognized for our efforts on such a prestigious list.”
In its 36th year, the Inc. 500 | 5000 list showcases the nation’s most successful private companies, ranked based on overall revenue growth over a three-year period. Since launching in 1982, the list has become the hallmark of entrepreneurial success and the place where future household names first make their mark. As a high-ranking honoree, Reverb.com now shares a pedigree with Intuit, Zappos, Under Armour, Microsoft, GoPro, Clif Bar, Patagonia, Oracle, Grubhub, and dozens of other Inc. 500 alumni.
Since launching in 2013, Reverb.com has grown into the most popular music gear website in the world, with sales expected to reach $429 million in 2017. Over 10 million musicians and music lovers around the world visit the site each month to buy, sell, and learn about music gear. Last year, Reverb.com increased international users by 700 percent, grew international sales by 150 percent, and hired on-the-ground team members in the UK, Australia, France, Germany, Japan, and more.
This news comes on the heels of Reverb.com’s announcement that this month, the company secured an additional $15 million in funding, bringing the company’s total funding amount to $47 million. The company also announced this month its plans to launch Reverb LP, a new marketplace for buying and selling vinyl records and other physical music formats online. Slated to launch later this year, Reverb LP will provide record stores, collectors, fans, and more with a more affordable and easy-to-use record marketplace.
For more information on Reverb.com, visit www.Reverb.com.
About Reverb
Reverb.com is the online marketplace to buy, sell and learn about new, used, and vintage music gear. Since launching in 2013, Reverb.com has grown into the world’s most popular music gear website, connecting millions of people around the world to the gear and the inspiration they need to make music. The marketplace is comprised of hundreds of thousands of buyers and sellers – from beginner musicians, mom-and-pop shops, and boutique builders to collectors, large retailers, popular manufacturers, and rock stars. At any given time, the site has roughly half a million listings ranging from electric, acoustic and bass guitars to effects, studio gear, synthesizers, drums, DJ equipment, orchestra instruments, music-making software, and more.