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Posted August 13, 2024

Verusen named to Inc. 5000 List

Verusen, which specializes in driving AI-powered MRO, has been named to this year’s Inc. 5000, the annual list of the fastest-growing private companies in America.


The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Microsoft, Meta, Oracle, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.

“Being recognized by Inc. for the first time in the Inc. 5000 marks a significant milestone for Verusen,” said CEO Scott Matthews. “This noteworthy achievement celebrates our rapid growth and validates the critical impact of our AI-driven solutions in MRO inventory optimization. It fuels our commitment to further innovation and delivering exceptional customer results worldwide.”

The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges.

“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief. “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.”

“Securing a position on the Inc. 5000 list highlights our team's relentless dedication and innovative spirit,” said Paul Noble, Founder and Chief Strategy Officer of Verusen. “This recognition validates the transformative power of our AI-driven software and approach in revolutionizing MRO inventory optimization, spend analytics, risk optimization, and supply chain intelligence for asset-intensive industries. We are honored to be in the company of such distinguished organizations and look forward to continuing to accelerate our growth and impact in the years to come.”

For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000.

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