RevUnit

RevUnit has been no stranger to success since its founding in 2012.

The technology company builds applications to help businesses increase productivity and worker engagement. It has been named one of the Best Places to Work by Arkansas Business the past three years while also making both the Inc. 5000 top-growing private company list and the list of best entrepreneur companies by Entrepreneur magazine.

RevUnit co-founder and Chief Technology Officer Michael Paladino said the company is refining its strategy to concentrate on applications based on learning and development.

“You have these distributed workforces and you’re trying to teach them on the job, new skills and train them,” Paladino said. “We have been doing a lot of that on mobile devices for distributed workforces. That’s an area where we’ve been able to help bring some interesting solutions to make it easier for their employees.”

Inc. 5000 reported that RevUnit had more than 575% growth since 2017 and had 2018 revenue of $15.1 million. Paladino didn’t release financials but said 2019 was another robust year.

“When Joe and I started, we came from a very high-growth environment; we have always had ambitious expectations and we hit those expectations that we had,” said Paladino, referring to co-founder and CEO Joe Saumweber. “When you do good work it leads to growth. For us, this specialization is really about making sure we are responsible with that growth and growing in the areas we want to be growing in.”

RevUnit has positioned itself for long-term growth after receiving capital from Mountaingate Capital of Denver. Paladino declined to disclose the size of the investment but said the infusion gives the company financial stability.

“It was a pretty big deal for us because we now have a bigger financial partner behind us,” Paladino said. “It has helped us be a more stable company. That was a big event for us maturing as an organization. It was a good investment that will set us up well for continued growth. Growth is expensive and that continued growth takes capital.”

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