Inc. magazine today revealed that Madwire® has earned a spot on its 39th annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies. This is Madwire’s 8th year on the list, and only 2% of companies who make the list ever make it 8 years in a row. Madwire posed an impressive 3-year growth of 94.02%. 151 Colorado companies made the list this year, 92 of which are repeat honorees. Together, the 151 Colorado companies added 9,976 jobs and generated 4.5 billion dollars in revenue.
The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.