PHILADELPHIA, PA — Applied artificial intelligence company Phenom has once again been recognized among America’s fastest-growing private businesses, earning a place on the Inc. 5000 list for the sixth consecutive year. The ranking, which highlights entrepreneurial firms driving innovation and growth across the U.S. economy, has previously included companies such as Microsoft, Meta, Oracle, and Under Armour.
Phenom’s recognition comes amid a challenging business climate marked by rising costs, shifting global conditions, and economic uncertainty. “Making the Inc. 5000 is always a remarkable achievement, but earning a spot this year speaks volumes about a company’s tenacity and clarity of vision,” said Mike Hofman, editor-in-chief of Inc. “These businesses have thrived amid rising costs, shifting global dynamics, and constant change. They didn’t just weather the storm—they grew through it.”
Expanding AI-Driven HR Solutions
The honor adds to a growing list of accolades for Phenom, which was recently named a Top 25 AI Company by The Software Report and awarded Best Cloud HR/HRMS Solution in the 2024/25 Cloud Awards. The company’s platform is designed to unify the hiring, development, and retention process, bringing together data standardization, generative and agentic AI, compliance, personalization, and deep integration with existing HR systems.
In 2025, Phenom advanced its capabilities with the launch of AI Agents created specifically for human resources teams. These tools are designed to align business strategy with execution, adapting to industry-specific needs while turning unstructured data into actionable insights. The company says these purpose-built agents address sector-specific challenges such as verifying clinical expertise in healthcare, managing high-volume hiring in retail, ensuring compliance in financial services, and addressing evolving workforce demands in manufacturing.
Commitment to Native AI Development
While many firms are layering AI features onto legacy systems, Phenom emphasizes that it is building AI solutions from the ground up. “Most companies are retrofitting AI features into their existing product and hoping businesses will see value. We’re building native AI solutions,” said Mahe Bayireddi, CEO and co-founder of Phenom. “As an AI company, we continue to create solutions like agents that address the specific challenges of HR and can execute efficiently and reliably within that domain. This native AI approach is why we’re seeing rapid adoption and sustained growth.”
By combining technical innovation with industry-specific applications, Phenom is reinforcing its role as a leader in the applied AI space for human resources. Its continued growth and recognition on the Inc. 5000 list highlight both the demand for advanced HR technology and the company’s ability to deliver scalable solutions in a rapidly evolving market.
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