Software Sector Leads Chicago Contingent of Inc. 5000

Data from the recently released Inc. 5000 shows software companies lead the league in 3 year growth percentages.

Data reflects percentage of total 3-yr growth reported in the Inc.5000 list.  For example, the total % of 3-yr growth for Chicago was 38595% and Software companies provided 22.6% of that total.  For the full list and and more information please visit

  • Software companies accounted for 22.6% of Chicago's 38595% 3 year growth reported in the Inc5000 list released yesterday.  IT services placed a distant second with 10.6% growth reported.  

  • 62% of the growth in Chicago software on the list was reported by one company, #51  overall Max Digital  which develops a digital optimization software platform for retail automotive dealers.  

  • Max Digital also lead the Windy City overall, accounting for 14% of the City's growth total.  #107 Insureon (9%), #188 Paramount Lodging Advisors (9%), #200 Protein Bar (6%), and #366 Restaurantware (6%) rounded out the top 5 for the city.

  • Chicago's software growth outpaced the rest of the Inc. 5000 field by 15.539% Only 7.065% of the total came from software companies with Chicago removed from the equation.

  • While significantly leading in the software sector, the City That Works trailed the rest of the country in 17/25 sectors-- with 0% of the 38595% in Government Services, Energy, Travel & Hospitatility, Engineering, Media, Environmental Services sectors and only 2.54% coming from Health v the field's 9.48% and 6.125% v 11.948% in Consumer Products and Services.

SectorChicagoOther IllinoisInc5000-ChicagoChicago v Field
IT Services10.623%14.996%9.836%0.787%
Advertising & Marketing9.755%3.561%9.111%0.644%
Food & Beverage9.514%1.412%4.854%4.660%
Real Estate8.659%0.948%2.840%5.819%
Consumer Products & Services6.125%3.066%11.948%-5.822%
Business Products & Services3.713%9.416%7.467%-3.754%
Logistics & Transportation2.775%2.652%1.339%1.436%
Financial Services1.052%6.001%6.240%-5.188%
Human Resources0.839%2.181%1.742%-0.903%
Government Services0.000%1.068%4.960%-4.960%
Travel & Hospitality0.000%0.103%1.334%-1.334%
Environmental Services0.000%0.479%0.475%-0.475%
Computer Hardware0.000%0.302%0.457%-0.457%