10 fastest-growing companies in Asheville: The Inc 5000

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Ten companies in Asheville and the Western N.C. region rank among the fastest-growing private companies in the nation, according to the newest Inc. 5000 list released earlier this month.

The annual list โ€“ which is 37-years running โ€“ ranks 5,000 of the countryโ€™s quickest-growing private companies. This yearโ€™s list of ventures raked in a collective $206.2 billion in revenue in 2017 and have three-year rev growth rates of up to 75,661%.

Here are the 10 WNC companies that made the list โ€“

#562 Avadim Technologies

Location ๐Ÿ“: Asheville | Industry ๐Ÿ’ผ: Health | Growth ๐Ÿ“ˆ: 901% | Revenue ๐Ÿ’ฐ: $10.8 million

This medical manufacturer has three main technologies: Theraworx, a hygine system used by hospitals (think of a realllly intense hand sanitizer), [ph]uel5, a spray + foam that helps reduce muscle soreness and tightness and Combat One, a military-grade hygiene system (the most intense wet-wipes, ever).

#1254 Symmetry Financial Group

๐Ÿ“: Swannanoa | ๐Ÿ’ผ: Insurance |๐Ÿ“ˆ: 386% | ๐Ÿ’ฐ: $30.5 million

Creates personalized insurance plans, and supports agents in lead generation, marketing + contracting. Think of it like real estate groups within agencies.

#1254 Security Camera Warehouse

๐Ÿ“: Asheville | ๐Ÿ’ผ: Security |๐Ÿ“ˆ: 343% | ๐Ÿ’ฐ:$7.7 million

Basically, high-end surveillance equipment (like cameras that can be watched remotely) sold directly (so thereโ€™s no middle man).

#1384 Blueprint Summer Programs

๐Ÿ“: Asheville | ๐Ÿ’ผ: Education |๐Ÿ“ˆ: 342% | ๐Ÿ’ฐ: $2.9 million

Summer school programs for high school students to prepare them for college life at Georgetown University, Howard University, Lehigh University, UCLA, University of Florida and University of Virginia. Kind of like a trial for college. They also cover college selection, application + admission.

#2473 Cloud for Good

๐Ÿ“: Asheville | ๐Ÿ’ผ: IT Management |๐Ÿ“ˆ: 174% | ๐Ÿ’ฐ: $7.1 million

Nonprofit and educational cloud-based services, with clients which include National Breast Cancer Foundation, Muscular Dystrophy Association + the National Aquarium. Theyโ€™ve worked with 1,000 nonprofit and educational clients + are a certified B corporation.

#2661 Millhouse Logistics

๐Ÿ“: Fletcher | ๐Ÿ’ผ: Logistics and transportation |๐Ÿ“ˆ: 158% | ๐Ÿ’ฐ: $41.5 million

A logistics provider specializing in expedited, time critical shipments. They work on road, air, ocean transportation, plus warehousing + distribution.

#2852 Benton Roofing

๐Ÿ“: East Flat Rock | ๐Ÿ’ผ: Construction |๐Ÿ“ˆ: 144% | ๐Ÿ’ฐ: $19.9 million

Specializes in commercial and industrial rooftop installation and maintenance. Some of their projects include the Asheville Mall, Mission Blue Ridge Regional Hospital, GE, Antler Village Hotel + more.

#3108 MedStream Anesthesia

๐Ÿ“: Asheville | ๐Ÿ’ผ: Health |๐Ÿ“ˆ: 128% | ๐Ÿ’ฐ: $88.4 million

Anesthesia practice serving over 40 hospitals and surgery centers including practice management, recruitment + staffing. They hire CRNAs + anesthesiologists and are basically a one-stop anesthesia department.

#3385 Mind Your Business

๐Ÿ“: Hendersonville| ๐Ÿ’ผ: Human Resource |๐Ÿ“ˆ: 114% | ๐Ÿ’ฐ: $5.7 million

Serves as an HR arm for both government + private companies, vetting potential employees.

#4447 Mountain Showcase Group

๐Ÿ“: Asheville | ๐Ÿ’ผ: Consumer Products & Services |๐Ÿ“ˆ: 74% | ๐Ÿ’ฐ: $3.6 million

Family-owned manufacturing business that designs and builds custom cabinetry. Just think of your kitchen goals.

To put it all into perspective, here are the top five fastest-growing companies on the list, nationally:

#1 | SwanLeap | 75,661% 3-year growth | $98.97 million revenue

#2 | PopSockets | 71,424% | $168.84 million revenue

#3 | Home Chef | 60,166% | $255.05 million revenue

#4 | Velocity Global | 39,817% | $49.18 million revenue

#5 | DEPCOM Power | 38,963% | $219.57 million revenue

If youโ€™re reading this, I bet you either:

  1. have a PopSocket on the back of your phone or...
  2. subscribe to Home Chef (or have at least seen an ad for their meal kit delivery service recently).

Exactly.

-AVLtoday team


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