Business & Tech

Here Are The Fastest Growing Companies In Charlotte Metro

Inc. just released its annual guide to the fastest-growing privately held companies in the U.S., including these near Charlotte.

Inc. just released its annual guide to the fastest-growing privately held companies in the U.S., including these near Charlotte.
Inc. just released its annual guide to the fastest-growing privately held companies in the U.S., including these near Charlotte. (Shutterstock)

CHARLOTTE, NC — Growth is something everyone can aspire to, and that’s no different for America’s most successful new companies. Inc., a magazine which publishes weekly content about small businesses and startups in the United States, recently released their annual report outlining the 5,000 fastest-growing privately owned companies in the nation.

Companies were ranked according to their percentage revenue growth from 2015 to 2018, according to the report. North Carolina has 135 of the most successful new companies in the country.

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.

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Of the list of more than 100 successful new companies in North Carolina, the Charlotte metro is home to 50 companies in the top 5,000.

Here are the Top 10 fastest growing companies in the Charlotte metro:

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  • Company Name: Clean Juice
  • Growth: 1,047 percent
  • Industry: Retail
  • Revenue: $4.9 million
  • Company Name: Saprex
  • Growth: 900 percent
  • Industry: Manufacturing
  • Revenue: $5.4 million
  • Company Name: Levvel
  • Growth: 794 percent
  • Industry: IT System Development
  • Revenue: $27.4 million
  • Company Name: Printful
  • Growth: 786 percent
  • Industry: Consumer Products & Services
  • Revenue: $77.4 million
  • Company Name: ORC Utility & Infrastructure Land Services
  • Growth: 660 percent
  • Industry: Real Estate
  • Revenue: $37.1 million
  • Company Name: PresPro Homes
  • Growth: 617 percent
  • Industry: Construction
  • Revenue: $9 million
  • Company Name: Passport
  • Growth: 511 percent
  • Industry: Software
  • Revenue: $21.7 million
  • Company Name: LMK Clinical Research Consulting
  • Growth: 470 percent
  • Industry: Health
  • Revenue: $2.8 million
  • Company Name: Tech Talent South
  • Growth: 457 percent
  • Industry: Education
  • Revenue: $2.8 million
  • Company Name: 23rd Group
  • Growth: 420 percent
  • Industry: Construction
  • Revenue: $21.9 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:

  1. Freestar — Phoenix, Arizona — 36,680 percent growth.
  2. FreightWise — Brentwood, Tennessee — 30,548 percent growth.
  3. Cece’s Veggie Co. — Austin, Texas — 23,880 percent growth.
  4. LadyBoss — Albuquerque, New Mexico — 21,850% growth.
  5. Perpay — Philadelphia, Pennsylvania — 18,166% growth.
  6. Cano Health — Miami, Florida — 14,183% growth.
  7. Bear Mattress — Hoboken, New Jersey — 13,481% growth.
  8. Connected Solutions Group — Mechanicsville, Virginia — 12,565% growth.
  9. Providence Healthcare Management — Cleveland, Ohio — 12,565% growth.
  10. NOM — Los Angeles, California — 11,996 percent growth.

“The beautiful thing is, when you start making people more money and helping them run their businesses better, they typically have pretty big mouths,” says David Freedman, the co-founder of the No. 1-ranked Freestar, a company that sells solutions and services that help publishers make more money online by perfecting advertising operations.

Freestar had a revenue of $36.9 million in 2018.

Patch reporter Gus Saltonstall contributed to this report.


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