3 Rev1 Venture Portfolio Companies Make Inc. 5000 List
Three Rev1 Ventures portfolio companies made the 2017 Inc. 5000 list of the country’s fastest-growing privately held companies.
Vantage Point Logistics ranked #117 for the 2017 Inc. 5000 and #2 of the 51 Ohio businesses on the list. With a three-year growth rate of 3422 percent, VPL customizes freight management services for health care and higher education and reported $8MM in revenue.
Ecolibrium Solar debuted at #443 with a reported three-year growth rate of 989 percent and revenue of more than $27MM. Founded in 2011, the Ecolibrium Solar invented a better hardware for connecting solar panels to roofs, eliminating a multitude of challenges with traditional solar mounting systems.
For the third consecutive year, Updox achieved Inc. 5000 status. With a three-year growth rate of 386 percent and revenue of more than $7MM, Updox ranked #1095. Updox offers the leading CRM connectivity platform in the healthcare industry. The platform is ideal for doctors and medical practices, pharmacists, and long-term or post-acute care organizations.
Introduced in 1982 as the Inc. 500 list, the Inc. 5000 list of the fastest growing companies in America recognizes privately owned, U.S.-based independent companies based on a three-year average of revenue that was no less than $100,000 in the first year and was at least $2MM in 2016. Companies like Pandora, 7 Eleven, Zappos.com, and Toys “R” Us have made their mark on the Inc. 5000 list.
Learn more about how Rev1 Ventures helps startups validate their ideas and accelerate the milestones that lead to success and this type of national recognition.