Fast-Growth TMS provider Magnus Technology Group makes Inc. 5000 list
Austin, Texas, August 10, 2022 – Inc. magazine revealed that Magnus Technology Group is ranked No. 4,467 on its annual Inc. 5000 list, the most prestigious ranking of America’s fastest-growing private companies. The list represents a unique look at the most successful companies in the dynamic segment of independent small businesses.
Magnus ranks No. 543 among software companies in the 2022 Inc. 5000. This is the first year Magnus Technologies received a ranking in the Inc. 5000 list that collectively represents companies in the top 0.07% for multi-year growth, out of more than 6 million privately-held firms nationwide.
Growth for Magnus has accelerated the past three years from providing an enterprise-grade Software-as-a-Service (SaaS) TMS to the $700 billion domestic truckload, less-than-truckload, and freight logistics market.
Magnus has 20 years of experience developing and deploying enterprise transportation management software (TMS) platforms for truckload and less-than-truckload carriers of all sizes, beginning with a market leading TMS solution for auto haulers.
“We are honored to be among the most successful, fast-growth companies recognized on the Inc. 5000 list, which serves as a testament of our growing presence in the trucking and logistics industry,” said Matt Cartwright, CEO and founder of Magnus Technologies, based in Austin, Texas.
“We expect growth to continue as companies migrate from legacy client-server TMS to an enterprise-grade SaaS platform to achieve the highest levels of security, availability, interoperability and future-proof technology in the market today,” he continued.
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.
To qualify for the 2022 list, companies must have been founded and begun 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 Dec. 31, 2021. The minimum revenue required for 2021 is $2 million.
About Magnus Technology Group
Magnus Technology Group, headquartered in Austin Texas, has 20 years of experience designing, developing, and delivering enterprise TMS software. Magnus is the first software provider in the transport and logistics industry to offer an enterprise SaaS-based TMS that is affordable and scalable to fleets of all sizes. The all-new Magnus TMS platform is modular and works seamlessly with the Magnus Driver App and Magnus Carrier Advantage network to deliver a complete, end-to-end mobile dispatch and order fulfillment solution to truckload and LTL fleets for maximizing profitability and growth.
To learn more visit www.magnustech.com
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.