PrimeRevenue Selected to Join Cohort of High Growth Companies in “Backed by ATL”
Backed by ATL helps accelerate middle market, scaling tech companies to their full potential
ATLANTA – Oct. 2, 2018 – PrimeRevenue, the leading provider of working capital financial technology solutions, has been selected to join seven other companies in the 2019 Backed by ATL cohort. Powered by the Metro Atlanta Chamber, Backed by ATL helps accelerate middle market, scaling tech companies to their full potential by harnessing the region’s innovation ecosystem.
Backed by ATL will work with PrimeRevenue to develop a customized plan based on current growth strategies and implement the plan at no cost. By being part of the Backed by ATL initiative, PrimeRevenue will get access to people and resources that will fuel their growth faster and better than they could on their own.
Other companies selected for the cohort include Ally Commerce, First Performance Global, MaxEx, PrimeRevenue, QGenda, Rubicon Global, Skillshot (a subsidiary of Hi-Rez Studios), and Terminus. PrimeRevenue is among metro Atlanta’s fastest growing tech companies that provide unique, innovative solutions and align with the region’s strategic industries.
“We recognized middle market, scaling companies over-index on economic impact and have made a commitment to support high growth, tech companies that contribute to the overall health of metro Atlanta’s innovation and entrepreneurship ecosystem,” said Hala Moddelmog, president and CEO of the Metro Atlanta Chamber. “In fact, middle market companies were responsible for more than half of the 51.8 million new jobs created between 2011 to 2017 in the U.S. These next generation companies drive economic development and are crucial in ensuring financial vitality for the region for years to come.”
Since its launch in September 2017, Backed by ATL has spent more than 500 hours of in-person sessions with the inaugural companies and has made more than 100 connections for partnerships and customer and service relationships. The inaugural Backed by ATL companies have expanded in metro Atlanta by creating more than 500 direct jobs, 935 indirect/induced jobs and generated $270 million in total economic output.
For more information about Backed By ATL, visit https://www.metroatlantachamber.com/innovation-entrepreneurship/backed-by-atl.