Nearly 150 South Florida companies made the cut for Inc. 5000's Fastest Growing Private Companies in America list.
Inc. Magazine releases an annual ranking of the top 5,000 fastest-growing private businesses in the U.S. This year, the list included 142 ventures based in the Miami metro area that collectively have $6.9 billion in revenue. Those businesses experienced median growth of 199% and added 10,857 jobs.
Boca Raton-based SpringBig was the fastest-growing local company on the list, coming in at No. 69 with 5,485% in growth. That's a considerable jump from 2020, when the cannabis industry marketing platform ranked No. 99. SpringBig, founded in 2012, was the only tri-county business in the Top 100 list.
Honorlock, an online proctoring platform for universities based in Boca Raton, followed at No. 103., a massive jump up from No. 236 in 2020. Quick'rCare, an emergency room and urgent care center reservation platform in Miami, rounded out the Top 3 at No. 241.
The Sunshine State was home to 369 companies on the list. Those companies generated $14.7 billion revenue, added 24,331 jobs and reported median growth of 199%
Here are the Top 20 Miami-area companies on the Inc. 500:
- 69. Boca Raton-based SpringBig, a cannabis dispensary marketing platform (5,485% growth). Backed by nearly $20 million in venture capital, the company estimates it reaches about 65% of the country's legal cannabis users.
- 103. Boca Raton-based Honorlock, an online testing platform for universities (3,858% growth). The startup secured $25 million in Series B funding in April.
- 241. Miami-based Quick'rCare, an emergency room and urgent care reservation platform (1,861% growth)
- 243. Boca Raton-based Apptness Media Group, a digital media company (1,855% growth).
- 244. North Miami Beach-based Arteza, an arts and crafts company (1,853% growth)
- 252. West Palm Beach-based Valentino Beauty Pure, a beauty supply business (1,813% growth)
- 285. Boynton Beach-based Octillion, an advertising and marketing company (1,624%)
- 316. Fort Lauderdale-based ShipMonk, an e-commerce venture for small businesses (1,448% growth). The company has raised $365 million to date from firms such as SJF Ventures, Grotech Ventures and Supply Chain Ventures.
- 326 Miami-based Bat Club USA, a subscription service for baseball and softball fans (1,425% growth)
- 364. Miami-based Avicado Construction Technology Services, a construction tech company (1,313% growth)
- 444. Coral Gables-based BodyFX, an at-home fitness provider (104% growth)
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