Inc. announced that Campspot ranked No. 341 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America.
The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses.
Campspot powers over 2K private campgrounds and provides campers access to over 230,000 campsites across North America.
On the 2023 list, Campspot is ranked No. 341 overall, up from No. 487 in 2022. In addition, Campspot was recognized as the 8th fastest-growing company in the travel and hospitality segment, 5th in the state of Michigan, and no. 3 in Grand Rapids.
“Earning this recognition for the second time in a row means a lot to Campspot,” said Michael Scheinman, Campspot’s CEO.
“We’ve remained hyper-focused on helping campground owners grow their businesses and connect to new customers; the Inc. 5000 recognition continues to validate that we’re on the right path. We understand that the health of our company is only as good as the health of the camping industry at large, and the success of individual park owners, operators, and portfolio groups, so we believe this recognition is also a great signal of the health of the camping and outdoor hospitality industry.”
This year has already been a year of notable milestones and releases for Campspot. On the software platform, recent releases include a first-of-its-kind, comparative analytics tool for customers available inside Campspot Analytics, called Signals.
Signals gives campgrounds access to comp sets and competitive benchmarking, providing valuable insights that can help campgrounds make data-driven decisions and stay ahead of the competition.
Campspot also recently announced the release of Guest Self Service: Date Changes, which enables guests to edit and change the dates of their reservations without having to call a campground.
Two-way texting is now available through its integration with SimpleTexting and Mailchimp, and various OTA integrations were announced earlier this year, including Booking.com, Airbnb, and Vrbo. Customizable dashboards were also made available inside Campspot Analytics, and as of June 2023, Campspot also became SOC 2 Type 2 certified.
Campspot’s unique business model paved the way for the Campspot Marketplace, a distribution channel for parks using its software to access campers looking for an easy and fast way to discover and instantly book campground reservations.
The Campspot Marketplace has had a busy summer promoting parks through unique, curated promotional campaigns like the Biggest Booking Week and a Christmas in July campaign, both of which drove significant new traffic and campers to campgrounds.
The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate was an astonishing 2,238 percent.
“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk.
“To make the Inc. 5000—with the fast growth that it requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”