Technology

Inc. 5000 list of fastest-growing private companies features strong showing from Washington

(Inc. Image via Inc.com)

Inc. magazine’s annual list of the 5,000 fastest-growing privately held companies in the United States is loaded with Seattle-area and Washington state notables.

The list features 71 Seattle-area companies in industries such as software, consumer products, real estate, manufacturing, education, retail, telecommunications and more.

The highest-ranked company in the Seattle region is Green Grass Foods, coming in at No. 13 overall. The Bellevue, Wash.-based startup is known for its nutpods dairy-free creamer and recently raised $33 million. This past June, its CEO Madeline Haydon won EY’s Entrepreneur of the Year award for the Pacific Northwest.

Electric-bike manufacturer Rad Power Bikes is ranked No. 63 on the list, No. 3 among top Seattle companies and No. 3 in the state. The company has seen 4,442 percent growth over the past three years, and 2018 revenue was $44.6 million. Co-founders Mike Radenbaugh and Ty Collins took home the Young Entrepreneur of the Year prize at the 2019 GeekWire Awards.

Discuss.io, the startup that helps brands learn more about their customers, ranked No. 296, with $6.3 million in revenue last year and 1,509 percent growth since 2015. The company was No. 5 in Seattle and No. 6 overall in Washington.

TomboyX, makers of eco-friendly underwear for all body shapes, ranked No. 349 with $10.4 million in revenue. The Seattle startup raised $18 million in May.

Seeq, the Seattle startup that helps process manufacturing organizations better understand their data, ranked No. 369 and No. 49 among software companies. The company had growth of 1,240 percent.

GEEKWIRE 200: Check out our ranked index of Pacific Northwest startups

Snap! Raise ranked No. 733 overall with 592 percent three-year growth and revenue of $30.2 million last year. The company, which develops data-driven software that makes it easy for extracurricular high school groups to fundraise securely online, ranked No. 12 overall and No. 1 in Washington in the education category.

Spokane-based Stay Alfred, a Next Tech Titan nominee at the GeekWire Awards, operates upscale apartments for travelers in prime downtown locations and landed at No. 1030 on Inc.’s list. It was No. 8 overall in the travel and hospitality category with $66.5 million in revenue in 2018.

Legwork, a Wenatchee, Wash., startup that builds marketing automation software specifically for dental practices, ranked No. 1169. The company, which raised $17 million in funding in May, had a whopping 2018 revenue of $388.9 million.

Yapta, the airfare and hotel price-tracking service, saw 310 percent growth over three years and landed at No. 1330 on the list and No. 23 in Seattle and No. 34 in Washington. Revenue was $13 million in 2018.

The list also included Bean Box, Hubb, Volt Athletics and MedBridge, among others.

The Inc. 5000 list was started in 1982 to provide a look at the independent small businesses. To qualify, companies had to be U.S.-based, privately held, for profit, and independent — not subsidiaries or divisions of other companies. The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million.

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