The IST Spin-off Unbabel, secured its place once again on the prestigious Inc. 5000 list for the California region, which highlights successful growing businesses within the Californian economy.

In order to qualify for the Inc. 5000 Regionals list 2022, companies must be U.S. based, and generate revenue by March 31, 2018. Only privately held, for-profit, and independent companies are eligible. The companies are ranked according to their revenue growth percentage when comparing 2018 and 2020. The companies on the list for 2022 had an average growth rate of 195%, and, in 2020, they added 10,252 jobs and 5 billion euros to the Pacific region’s economy.

“Unbabel has seen tremendous growth over the past two years, and this result shows the great work we are doing to help businesses scale globally,” says Vasco Pedro, Co-Founder and CEO of Unbabel, in a statement.