What do you get when you increase revenue by almost 91,000% in a few years? Hopefully, a promotion, but also, your company’s name on a prestigious list!
Our sister publication, Inc., recently published its Inc. 5000 2024 list, which comprises a ranking of companies according to their respective percentage of revenue growth over the preceding three years. In all, the companies on the list combined to create nearly 875,000 jobs and generate $317 billion in revenue.
Here are the top ten companies on the list this year, in terms of revenue growth:
- Vytalize Health (Hoboken, NJ) — 90,779% revenue growth over three years
- Lessen (Scottsdale, AZ) — 45,603%
- Monogram Health (Brentwood, TN) — 43,848
- Top Tier Solar Solutions (Charlotte, NC) — 41,101%
- ABA Centers of America (Fort Lauderdale, FL) — 32,192%
- Upward Health (Hauppauge, NY) — 30,722%
- Carbliss (Plymouth, WI) — 27,174%
- Bounce (San Francisco, CA) — 19,783%
- Raw Sport Supplement Company (Port St. Lucie, FL) – 17,644%
- Alpine IQ (Broomfield, CO) — 16,469%
Additionally, here are a few companies that may be particularly interesting, either because they’re finding success in saturated markets, finding real-world ways to utilize generative AI, or simply making it easier to do the seemingly impossible—like putting shoes on a toddler.
Beehive Meals
Beehive Meals is a Layton, Utah-based meal-delivery service, founded by Allyse Jackson, a 30-year-old stay-at-home mom. The company landed at number 399 on Inc.’s list this year, with a three-year growth rate of 1,103%. And despite the multi-billion dollar meal-kit and delivery segment being fairly crowded, Beehive Meals is finding traction by offering frozen, slow-cooker-ready meals for families.
After launching in August 2019, Jackson sold $10,000 in a single day. In 2022, she sold $8 million.
Praxis Labs
Generative AI is everywhere, but it’s still unclear to many people how it’s actually being put to use in a practical way. Praxis Labs—a Los Angeles-based company founded by 33-year-old Elise Smith and 27-year-old Heather Shen—is using it to try and make workplaces a bit more harmonious.
Specifically, Praxis Labs uses AI to create simulated environments for managers to sharpen their feedback skills, particularly as it relates to delicate situations in and around the workplace. It’s growing, too, expanding into DEI training for clients—a sort of augmentation for HR teams—all while DEI policies become increasingly politicized. The company clocked in at number 150 on the list, with a three-year growth rate of 2,352%.
Kizik
Putting on shoes isn’t a huge pain point for many people, but for those with disabilities, injuries, or children who simply won’t quit squirming, it can be difficult.
Kizik—another Utah-based company, which is number 407 on the list with a three-year growth rate of 1,090%—makes slip-on, hands-free shoes. Founded by Mike Pratt, who had previously cofounded and sold Ogio, an athletic bag company, Kizik is finding traction, and licensed its technology (and received an investment) from Nike in 2019.
(Disclosure: Inc. and Fast Company are both owned by Mansueto Ventures.)