Nine Rhode Island-based companies have made this year's Inc. 5000 list, the financial magazine's annual ranking of the fastest-growing privately held companies in the country.
Inc. ranks companies based on revenue growth over a three-year period, from 2017 to 2020. The companies on the list are all U.S.-based, privately held, for-profit and independent — not subsidiaries or divisions of other companies — as of Dec. 31, 2020.
Topping the 2021 list among Ocean State companies was Luna Pharmaceuticals, which clocked in at No. 1,852 overall with 245% revenue growth. In fact, Luna Pharmaceuticals is the official name of the company behind Premama Wellness, a Providence-based startup that sells supplements for maternity wellness. Premama last May attracted its first institutional investor since launching in 2011: District Ventures Capital, a Canadian venture capital fund hyper-focused on the food, beverage and health and wellness sectors.
Other local companies on the list include Infused Innovations and Protocol Networks, which also made 2020's ranking. Check out all nine Rhode Island companies on the 2021 Inc. 5000 below.
Luna Pharmaceuticals (Premama Wellness)
- Providence
- Rank: 1,852
- Three-year growth: 245%
Infused Innovations
- North Kingstown
- Rank: 2,345
- Three-year growth: 181%
Wicked Smart
- Middletown
- Rank: 2,466
- Three-year growth: 170%
Protocol Networks
- Johnston
- Rank: 2,660
- Three-year growth: 153%
Embrace Home Loans
- Middletown
- Rank: 3,378
- Three-year growth: 105%
RICBT
- North Kingstown
- Rank: 3,880
- Three-year growth: 82%
IT Support RI
- North Smithfield
- Rank: 4,236
- Three-year growth: 69%
Advertising Ventures
- East Providence
- Rank: 4,651
- Three-year growth: 53%
Nathan Clark Team Your Home Sold Guaranteed Realty
- Smithfield
- Rank: 4,695
- Three-year growth: 52%
