Encapture, a high-growth machine learning platform that helps banks and lenders improve operational efficiencies by automatically extracting data from documents, today announces they ranked no. 2241 on the Inc. 5000 annual list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy’s most dynamic segment – its independent businesses.   

“Lenders have long been burdened with administrative inefficiencies, creating slow cycle times and high labor requirements. With increasing regulatory pressure to deliver accurate data in a timely fashion, the message from lenders has been clear: ‘There must be a better way,’” says Will Robinson, CEO, Encapture. “We’re thrilled to be growing and empowering digital transformation for financial institutions across the country.”

Launched 20 years ago in Dallas, Texas, Encapture helps companies such as Wells Fargo, US Bank and Truist save time and money by using machine learning to eliminate manual tasks associated with reviewing documents and data entry. Encapture’s user-friendly automation empowers banks to save on operational costs and reduce compliance risk by processing documents efficiently and accurately in an easily configurable format. Instead of getting bogged down with manual reviews and audits, they can put a greater focus on delivering an exceptional customer experience and boosting satisfaction. Best of all, no technical expertise is required to utilize and reap the benefits of the Encapture platform thanks to the power of no code/low code machine learning AI.

“We are so honored to receive this recognition at Encapture,” adds Robinson. “Our team is passionate about company culture and setting a high standard of excellence and we are constantly learning and excelling. Encapture couldn’t have done this without our team members making this possible.”   

The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Among the top 500, the average median three-year revenue growth rate soared to 2,144 percent. Together, those companies added more than 68,394 jobs over the past three years.  

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. The top 500 companies are featured in the September issue of Inc. magazine, which will be available on August 23.  

“The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated,” says Scott Omelianuk, editor-in-chief of Inc. “Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today.”  

More about Inc. and the Inc. 5000  

Methodology

Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. The top 500 companies on the Inc. 5000 are featured in Inc. magazine’s September issue. The entire Inc. 5000 can be found at  http://www.inc.com/inc5000.  

About Inc.

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 & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.  

For more information on the Inc. 5000 Conference & Gala, visit http://conference.inc.com/.