If you can make it here, you can make it anywhere – and many NYC companies are making it big.
Inc., a magazine which publishes weekly content about small businesses and startups in the United States, recently released its annual report outlining the 5,000 fastest-growing privately-owned companies in the nation.
Hundreds were in New York City. Companies were ranked according to their percentage revenue growth from 2015 to 2018, according to the report.
The 5,000 companies come from over 25 different types of industry, including construction, real estate, and software. To earn a spot on the list, companies must have been generating revenue by March 31, 2015, and then had a minimum revenue of $2 million by 2018. Additionally, all the companies are privately held, for-profit, and independent from any other larger company, according to Inc.
Here are the top 10 fastest growing companies in New York City:
Company name: YieldStreet
Growth:10,562%
Industry: Financial Services
Revenue: $19.1 million
Company name: Anchor Worldwide
Growth: 9,753%
Industry: Advertising & Marketing
Revenue: $10.7 million
Company name: With Clarity
Growth: 9,179%
Industry: Consumer Products & Services
Revenue: $19 million
Company name: Fanchest
Growth: 6,056%
Industry: Retail
Revenue: $8.3 million
Company name: Fund That Flip
Growth: 6,018%
Industry: Real Estate
Revenue: $6.4 million
Company name: IQM
Growth: 5,852%
Industry: Advertising & Marketing
Revenue: $8.8 million
Company name: Beeswax
Growth: 5,768%
Industry: Software
Revenue: $16.9 million
Company name: Progyny
Growth: 4,838%
Industry: Health
Revenue: $107.6 million
Company name: Payability
Growth: 3,350%
Industry: Financial Services
Revenue: $13.7 million
Company name: Sweet Loren’s
Growth: 3,026%
Industry: Food & Beverage
Revenue: $6.4 million
The top spot on the business magazine’s list goes to the advertising & marketing company Freestar, which is based in Phoenix, Arizona.
Here are the top ten fastest-growing companies in the United States:
- • Freestar — Phoenix, Arizona — 36,680 percent growth.
- • FreightWise — Brentwood, Tennessee — 30,548 percent growth.
- • Cece’s Veggie Co. — Austin, Texas — 23,880 percent growth.
- • LadyBoss — Alburquerque, New Mexico — 21,850% growth.
- • Perpay — Philadelphia, Pennsylvania — 18,166% growth.
- • Cano Health — Miami, Florida — 14,183% growth.
- • Bear Mattress — Hoboken, New Jersey — 13,481% growth.
- • Connected Solutions Group — Mechanicsville, Virginia — 12,565% growth.
- • Providence Healthcare Management — Cleveland, Ohio — 12,565% growth.
- • NOM — Los Angeles, California — 11,996 percent growth.