CoStar Insights

Forbes Names CoStar Group One of the World’s Most Innovative Growth Companies for Fourth Consecutive Year

by Shara Dahl | Jul 06, 2017

CoStar was named to the Forbes World's Most Innovative Growth Companies list for 2017 earlier this month, marking the company’s fourth year on the distinguished list, and highlighting our continued dedication to revolutionizing commercial real estate and multifamily industries by providing innovative software and solutions.

“It’s a tremendous honor to be recognized, for the fourth consecutive year, as one of the World’s Most Innovative Growth Companies,” said CoStar Group Founder and Chief Executive Officer Andy Florance. 

“We remain steadfast in our commitment to unlocking new opportunities for businesses and consumers alike with our research intelligence and marketplace solutions," he explained.  "The role we play at the center of the $17 trillion dollar real estate industry is profound and requires constant innovation to stay ahead and continue to bring value to our clients.”

CoStar was also named to the Forbes Fast Tech 25 list, which recognizes technology companies with the highest three-year sales averages.  The 2017 list has CoStar placed at number 16, with 29% average sales growth for the past three years.

Click HERE to read the press release.


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