PALO ALTO, CA. (Feb. 6, 2013) — ShareThis, the company that connects audiences to publishers and advertisers through sharing, announced it ranks No. 35 on Forbes’ annual benchmarking of “America’s Most Promising Companies.” The third annual list recognizes the top 100 privately held, high-growth companies that possess compelling business models, strong management teams, notable customers, strategic partners and precious investment capital. The full list of companies is available online at www.forbes.com.
“We’re honored to receive this accolade. It reflects the strong collaborative culture we’ve built at ShareThis,” said Kurt Abrahamson (pictured), CEO of ShareThis. “Sharing is affecting, connecting and redefining every element of the communications landscape. We’ve created solutions that turn sharing behavior into value for publishers and advertisers. We look forward to taking our offerings into new environments, enhancing digital advertising solutions for brands and content optimization offerings for publishers.”
For its most promising list, Forbes strove for a holistic gauge of young, privately-held companies, trying to pin down their trajectories by examining a slew of variables. Over the course of six months, Forbes reviewed thousands of applications. The final assessment is based on growth (both in sales and hiring), quality of management team and investors, margins, market size and key partnerships. Forbes turned to CB Insights, a Manhattan-based data research firm that specializes in assessing private companies, to refine the search. Their MOSAIC software scans 45,000 sources to measure a company’s health. A new distribution deal, for example, marks a positive signal, while the loss of an executive is a negative. MOSAIC gathers those myriad signals into a final score that Forbes uses as an initial guide in producing the list. After verifying sales numbers, speaking with each company and debating their merits and blemishes, Forbes produces a final ranking.
ShareThis powers the social web, touching the lives of 95% of U.S. Internet users across more than 2 million publisher sites and 120+ social media channels. It makes content more engaging for publishers and marketing more effective for brands by tapping into the purest expression of interest-based social activity. ShareThis is the company for those wanting to make the world more connected, trusted and valuable through sharing. Based in Palo Alto, CA, the company is privately held. To learn more, visit www.sharethis.com.