Of the 5,000 fastest growing companies in the nation recognized this week by Inc. magazine, 26 are based in Iowa. More than a third of those – 10 – are based in the Corridor.
The fastest-growing companies in America “are a force,” the magazine reported as part of its annual Inc. 5000 list, “notching collective revenue of more than $206.2 billion in 2017 and three-year revenue growth rates that top out at 75,661 percent.”
The highest-ranked Iowa company was Ivy Lane, coming in at No. 811. The West Des Moines-based business which operates 35 Valvoline Instant Oil Change stores reported 621 percent growth over three years.
Cargofy, a Cedar Rapids-based logistics and transportation company, was the highest-ranked company in the Corridor, coming in at No. 822, with 613 percent growth and $2.7 million in revenue.
Other Corridor companies on this year’s list include:
- Moxie Solar, of North Liberty, at No. 1163
- KASA Solutions, Cedar Rapids, No. 1183
- Converge Consulting, Cedar Rapids, No. 1399
- Ready Wireless, Hiawatha, No. 3244
- MediRevv, Coralville, No. 3382
- Circle Computer Resources, Cedar Rapids, No. 3399
- Ideal Industries, Vinton, No. 3545
- Involta, Cedar Rapids, No. 3550
- Clickstop, Urbana, No. 4736
