Three Research Park at Florida Atlantic Alumni Make Inc. 5000 List of America’s Fastest-Growing Private Companies

/ Abby Sears

Honorees Recognized by Inc. 5000 for Exceptional Growth and Building the Future Once Again

BOCA RATON, Fla. (August 20th, 2024) – The Research Park at Florida Atlantic is pleased to announce that three of its alumni have been recognized by the prestigious Inc. Magazine in its 2024 Inc. 5000 list of the nation’s fastest growing companies. This recognition celebrates their remarkable growth and innovation in their industries, which all began in the Research Park. These three companies include ModMed, appearing on the list for the ninth consecutive year, Silverlogic for the fifth, and Shipmonk for the seventh. To be included in this list by Inc. 5000 continues to demonstrate the Research Park’s added value to technology-based companies focused on  fostering and nurturing innovation and entrepreneurship in the South Florida region.

“The Research Park at Florida Atlantic’s resources assisted the growth of all three of these phenomenal companies in their early stages. All of them have benefited by hiring Florida Atlantic graduates, collaborating with its research faculty and being part of the tech ecosystem we have all nurtured here in South Florida,” stated Andrew S. Duffell, president of the Research Park. “In turn, each company is giving back to the ecosystem and fostering the next wave of innovation. We are very proud of all of them.”

Companies that have made the Inc. 5000’s Fastest Growing companies list have proven their significant impact and leadership within their industries. Some of these companies that have previously made the list and our now household names including, Microsoft, Meta, Chobani, Under Armour, and more. The Inc. 5000 list is widely regarded as the most prestigious ranking of the fastest growing private companies in the U.S., making the inclusion of these Research Park companies a notable achievement.

[ModMed]: A leader in healthcare technology, ModMed specializes in providing innovative, specialty-specific health record systems. Founded in 2010, the company has skyrocketed, expanding its services to include practice management, patient engagement, and revenue cycle management solutions, serving thousands of health care providers.

[Silverlogic]: Silverlogic has rapidly expanded in the customer software industry, providing advanced technology solutions tailored to meet specific business needs. Their growth reflects their dedication to driving innovation and efficiency through digital transformation initiatives.

[Shipmonk]: Shipmonk is a leading third-party logistics provider specializing in eCommerce fulfillment. Their expansion and growth reflect their dedication to leveraging technology to streamline operations, enhance delivery speed, and prioritize their customer satisfaction.

To learn more about the Inc. 5000 list, visit https://www.inc.com/inc5000

About the Research Park at Florida Atlantic University
The Research Park at Florida Atlantic University® is home to technology companies and research-based organizations working to support the research and development activities of Florida Atlantic University and to foster economic development and broaden the economic base of Broward and Palm Beach counties. The Research Park at FAU hosts Global Ventures, an international soft-landing center for second-stage technology companies and FAU Tech Runway, a hub to accelerate technology development and incubate startup companies. The Research Park at FAU is a 70-acre destination for R&D companies to thrive, established in 1985, it is widely regarded as South Florida’s laboratory for new entrepreneurial ideas and technologies. The Research Park at FAU is governed by the Florida Atlantic Research and Development Authority, an independent special district created by Palm Beach and Broward counties in partnership with Florida Atlantic University, organized under Chapter 159, Part V, Florida Statues. www.ResearchParkFAU.co

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Abby Sears

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