Innovecs Named one of the 2017 Inc.5000 Fastest-Growing Companies

August 17, 2017 2 min read

2017 Inc. 5000 List honors Innovecs for the first time in the company’s five-year history. This annual recognition ranks the nation’s fastest-growing, US-based, privately-held businesses. Inc. placed Innovecs for its 45% revenue growth between 2013-2016.

NEW YORK, August 18, 2017 — Inc. magazine named Innovecs on its 36th annual Inc. 5000, an exclusive ranking of the nation’s fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent small business. Companies such as Microsoft, Dell, Yelp, Pandora, Timberland, Dell, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 5000.

inc5000 sitepost - Innovecs Named one of the 2017 Inc.5000 Fastest-Growing Companies

“The history of Innovecs is a story of growth and development. We are extremely honored to earn a place on the Inc. 5000 list for the first time in the company’s five-year history. It makes us feel very proud for all the work we all have done and it energizes us to do even more!”
Alex Lutskiy,
Co-Founder and CEO of Innovecs

In only five years, Innovecs, now with corporate offices in New York, San Francisco, London, Frankfurt, Bern, Tel Aviv and R&D centers in Ukraine, has built a portfolio of more than 30 clients around the globe, including several Fortune 500 companies. Specializing in the design and development of innovative software solutions, the Innovecs team has deep expertise in the fields of Gaming & Entertainment, AdTech, FinTech, eCommerce, Logistics, Telecommunications and Healthcare. Earlier this year the company, and its co-founding CEO, Alex Lutskiy, won the prestigious Ukrainian award “Person of the Year – 2016” for excellence in Ukraine’s digital industry.

“The Inc. 5000 is the most persuasive evidence I know that the American Dream is still alive. The founders and CEOs of the Inc. 5000 tell us they think determination, risk taking, and vision were the keys to their success, and I believe them.”
Eric Schurenberg,
Inc. President and Editor-In-Chief


A global company with offices in New York, San Francisco, London, Frankfurt, Bern and Tel Aviv and with R&D facilities in Ukraine, Innovecs specializes in serving Gaming & Entertainment, Adtech, Fintech, E-commerce, Telecom and Healthcare markets. Innovecs focuses on mobile and web development, blockchain, ad tech technologies, animation and art asset creation.



The 2017 Inc. 5000 is ranked according to percentage revenue growth when comparing 2013 to 2016. To qualify, companies must have been founded and generated revenue by March 31, 2013. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2016. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2013 is $100,000; the minimum for 2016 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found here.

About Inc. Media:

Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 18,000,000 today. For more information, visit

The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation’s most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.

For more information on Inc. and the Inc. 5000 Conference, visit Conference.Inc.

For more information please contact:

Iryna Chubur
Innovecs PR