Forbes Names Qualtrics one of America’s Top 25 Most Promising Companies

Qualtrics has been ranked number 24 in Forbes’ annual list of America’s Most Promising Companies. Qualtrics was selected for its accelerating growth in both enterprise software and the technology industry as a whole.

Now in its third year, Forbes’ annual rankings recognize the top 100 privately held, high-growth companies with futures to watch in the coming year. In conjunction with data research firm CB Insights, Forbes identified the top U.S.-based, private companies from a holistic perspective, taking into consideration each company’s growth, quality of its management team and investors, margins, market size and key partnerships.

“We’re really excited to be recognized as one of the top privately held companies in the U.S," said Ryan Smith, CEO of Qualtrics. "I would personally like to thank each of our clients and each of our employees, without whose support Qualtrics would not have achieved such recognition."

Qualtrics recently quarter-over-quarter revenue growth and more than one billion surveys served on the Qualtrics platform. The number of customers grew to more than 5,000 across all major industries. Qualtrics customers include half the Fortune 100 and 95 of the top 100 business schools.

In 2012, Qualtrics received a $70 million investment from Accel Partners and Sequoia Capital, the two firms’ largest-ever joint investment to date.