Dealer Alchemist has announce in a press release its recognition as an Inc. 5000 Honoree for the second year in a row.

With a ranking of No. 1055 in 2023, the company has demonstrated a 560% growth over the past three years.

Founded by Shean Kirin, Dealer Alchemist has quickly become a leader in the automotive advertising sector, delivering industry-leading performance for dealers while significantly reducing their overall cost, the release stated. The company’s innovative approach and commitment to excellence have enabled it to stand out in a competitive market.

The Inc. 5000 list is a prestigious ranking of the fastest-growing private companies in the United States. To qualify, companies must meet stringent criteria, including being U.S.-based, privately held, for-profit and independent as of Dec. 31, 2022. The minimum revenue required for 2019 is $100,000, and for 2022, it is $2 million.

Dealer Alchemist’s inclusion in the Inc. 5000 list is a testament to its dedication, innovation and relentless pursuit of excellence, the company said. Its growth rate, calculated to four decimal places, reflects its success in a rapidly evolving industry.

“We are honored to be recognized by Inc. 5000 for the second consecutive year,” said Kirin. “Our team’s hard work, creativity and dedication to our clients have made this achievement possible. We remain committed to delivering exceptional service and innovative solutions to the automotive industry.”