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 – which is 37-years running – ranks 5,000 of the country’s quickest-growing private companies. This year’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 –
#562 Avadim Technologies
Location 📍: Asheville | Industry 💼: Health | Growth 📈: 901% | Revenue 💰: $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
📍: Swannanoa | 💼: Insurance |📈: 386% | 💰: $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
📍: Asheville | 💼: Security |📈: 343% | 💰:$7.7 million
Basically, high-end surveillance equipment (like cameras that can be watched remotely) sold directly (so there’s no middle man).
#1384 Blueprint Summer Programs
📍: Asheville | 💼: Education |📈: 342% | 💰: $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
📍: Asheville | 💼: IT Management |📈: 174% | 💰: $7.1 million
Nonprofit and educational cloud-based services, with clients which include National Breast Cancer Foundation, Muscular Dystrophy Association + the National Aquarium. They’ve worked with 1,000 nonprofit and educational clients + are a certified B corporation.
#2661 Millhouse Logistics
📍: Fletcher | 💼: Logistics and transportation |📈: 158% | 💰: $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
📍: East Flat Rock | 💼: Construction |📈: 144% | 💰: $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
📍: Asheville | 💼: Health |📈: 128% | 💰: $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
📍: Hendersonville| 💼: Human Resource |📈: 114% | 💰: $5.7 million
Serves as an HR arm for both government + private companies, vetting potential employees.
#4447 Mountain Showcase Group
📍: Asheville | 💼: Consumer Products & Services |📈: 74% | 💰: $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 you’re reading this, I bet you either:
- have a PopSocket on the back of your phone or...
- subscribe to Home Chef (or have at least seen an ad for their meal kit delivery service recently).
Exactly.
-AVLtoday team
