Honored for the third consecutive year
RynohLive, the title industry’s premiere escrow and financial security software solution, is pleased to announce that it has been named one of Hampton Roads’ Roaring 20 businesses for the third consecutive year. As an honoree, the company is profiled in a special section published by Inside Business and was honored at an awards banquet on Thursday, November 2, 2017 at the Westin Town Center in Virginia Beach, VA.
“We are having a great time at RynohLive,” said Founder and CEO, Dick Reass. “And by having a great time, I mean that we are really enjoying the opportunity to witness what can happen when you do something you believe in, for people you believe in, with people you believe in. I am honored, humbled, and undeniably grateful.”
Significant contributions to local economy
The Roaring 20 award honors Hampton Roads’ most dynamic businesses based on revenue and employee growth. The award recognizes the region’s fastest growing companies that are making significant contributions to our local economy.
In order to be eligible, the company must be headquartered in the Hampton Roads area, must have experienced consecutive annual revenue growth from 2014-2016, must have been founded prior to 2014, and must have reported gross revenues of at least $2 million in 2016.
Honorees are selected by an independent panel of judges of local business leaders and university business faculty in conjunction with Cherry Bekaert. Finalists are chosen based upon a formula that takes into account both dollar growth and percentage rate of growth over the company’s three most recent completed fiscal years. Other judging criteria include critical factors that resulted in company growth, challenges, obstacles overcome, and the future outlook of long-term sustainability.