With Three-Year Revenue Growth of 437 Percent, Milestone Ranks Among America’s Fastest-Growing Private Companies
BUFFALO, N.Y., August 15, 2023 – Inc. revealed today that Milestone ranks No.1335 on the prestigious 2023 Inc. 5000, an annual, data-driven listing of the fastest-growing private companies in America. Milestone is a high-touch settlement solutions firm that provides trusted guidance and support to attorneys and plaintiffs before, during and after litigation.
Milestone achieved 437 percent growth between 2019 and 2022 as a direct result of the company’s introduction of Pathway™, a digital platform that is the first to offer electronic payment options to those receiving settlements from mass tort litigations.
“We are revolutionizing the payment process for the entire mass tort industry, making growth for Milestone so much bigger than just our company,” said Amy Fogle, CEO of Milestone. “It is never lost on us the impact our work has on plaintiffs and their families.”
Notably, Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000. 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 ticked up to an astonishing 2,238 percent. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.
“Running a business has only gotten harder since the end of the pandemic,” said Scott Omelianuk, editor-in-chief of Inc. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”
“This recognition is a proud testament to our incredible team and high-touch service model,” said Fogle. “Milestone’s Pathway innovation is digitizing the post-settlement process with a secure platform, and our growth has just begun.”
In the past three years Milestone has distributed billions of dollars to thousands of families on behalf of hundreds of law firms. The groundbreaking Pathway technology streamlines the post-settlement process, ensuring claimants are paid in days—not months or years. Milestone’s trauma informed settlement planning team also offers pro-bono financial planning to every claimant that moves through Pathway. A consistent innovator looking to bridge service gaps in the civil justice system, Milestone continuously develops unique solutions and advanced technology to improve the post-settlement process.
For complete results of the Inc. 5000, visit www.inc.com/inc5000. And for more information on Milestone, visit https://milestoneseventh.com.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community. Inc.’s award-winning work reaches more than 50 million people across a variety of channels. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. For more information, visit www.inc.com.
Milestone is a high-touch settlement solutions firm that provides trusted guidance and support to attorneys and plaintiffs before, during and after litigation. Recognized by Inc. as a fastest growing company in America, Milestone was founded in 2012 and is headquartered in Buffalo, New York. For more information, visit https://milestoneseventh.com.