First Factory has been named one of Inc. Magazine’s fastest-growing private companies in America for 2021. This is our second year in a row of making the list, and we have risen in ranking to 1,740 overall. This incredible achievement is due to our clients’ ongoing trust in our abilities to assist them in capitalizing on opportunities and overcoming challenges. It has been an unpredictable few years and our team’s compassion, dedication and flexibility have allowed us to thrive, realizing 263 percent employment and total revenue growth over the last three years.
Since 2000, First Factory has grown our nearshore software development team from a small shop in Costa Rica to building a multinational team of almost 200, with the core of development operations-driven from our Heredia, Costa Rica office. We also employ a remote team of US-based employees who manage client relations, human resources, sales, marketing and other business operations.
“Placing everyone’s best interest at the forefront of our decisions has led us here,” Jason Roff, CEO, said. “We adjust according to our clients’ needs, listen to what our employees provide as feedback and build trust through the quality of work we provide,” he added.
While 2020 was a challenging year in many industries, our team adapted to each new trial. We continue to help clients in the healthcare space provide more seamless online experiences for doctors and patients, and manage inventory procurement and tracking for instruments such as ventilators across hospitals. Digital trends accelerated in the real estate sector, and we were privileged enough to work with companies building platforms that streamline the purchasing of property, allowing nearly all transactions to be executed in one unified online experience. The stock market continued to reach new records and we worked with numerous clients to bring more educational resources, real-time reporting and intuitive tools to investors. As all of our employees have been supplied with work-from-home equipment for years, working remotely continued to be a seamless and productive experience for all involved. We further leveraged online platforms to enrich the interview experience and provide tech education seminars and workshops to the broader development community.
“I continue to be amazed at what an impact our nearshore development team has made, and I’m excited to see what the future has for First Factory,” Roff said.
Our 2020 Inc. 5000 placement was the first time First Factory was honored to be on the list. The 2021 ranking, higher in both the overall and industry ranking, at 1,740 and 241 respectively, is a humbling accomplishment. Our continued mission of achieving the professional success of our partners and team members remains. As nearshore software development continues to be a key component of meeting the accelerated digital needs for North American companies and their customers, we are confident in our ability to scale in stride with the rising demand.