The Initiative for a Competitive Inner City (ICIC) named Philadelphia’s STRATIS a winner of the 2020 Inner City 100 (IC100) award which recognizes the 100 fastest-growing firms in under-resourced communities across America. The winners were picked based on revenue growth and job creation during the four-year period from 2015 to 2019.
Winners were revealed at the 2020 ICIC National Conference held virtually on December 8th. The full award list is published at Fortune. STRATIS, led by CEO Felicite Moorman was ranked #4 based on its four-year revenue growth rate of over 1200% and 65 jobs created.
“The STRATIS Team perpetually strives to deliver on its world-changing potential and it’s an honor to see that effort recognized,” said CEO Felicite Moorman. “Creating this technology in Philadelphia, where most of us also live, is a testament to the talent and collaboration cities enable and this Team’s ever-expanding commitment to our community and dedication to bridging the global digital divide is really just beginning.”
“IC100 companies are forces of economic opportunity, optimism and transformation in their communities, and it’s an honor to recognize STRATIS’ leadership,” said ICIC CEO Steve Grossman. “Especially during this incredibly challenging time, as small business owners reckon with the economic fallout of the COVID-19 pandemic, these pioneering entrepreneurs have demonstrated a deep commitment to and passion for their local communities.”
Through its research on inner city economies, ICIC provides businesses, governments and investors with the most comprehensive and actionable information in the field about urban market opportunities. Now in its 26th year, the organization supports urban businesses through the Inner City 100, Inner City Capital Connections, Goldman Sachs 10,000 Small Businesses program, and Santander Bank’s Cultivate Small Business program.