Business & Tech

East Bay Companies Named Among Fastest Growing In Nation

American business magazine Inc. recently released its annual guide to the 5,000 fastest-growing privately held companies in the U.S.

PINOLE, HERCULES, CA — Growth is something everyone can aspire to, and that's no different for America's most successful new companies. Inc., a magazine which publishes weekly content about small businesses and startups in the United States, recently released their annual report outlining the 5,000 fastest-growing privately owned companies in the nation.

Companies were ranked according to their percentage revenue growth from 2015 to 2018, according to the report. California has 713 of the most successful new companies in the country.

There are more than two dozen here in the East Bay. If you're looking for a new job, sort the Inc. list by selecting San Francisco under the Metro dropdown. Then search for your target city. In the East Bay, Oakland, Berkeley, Emeryville, Alameda, Lafayette, Walnut Creek, Concord and Hayward are among the nearby cities with companies on the list. San Francisco has 38 companies on the list.

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The top spot on the business magazine’s list goes to the advertising & marketing company Freestar, which is based in Phoenix, Arizona.

Here are the top ten fastest growing companies in the United States:

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  1. Freestar — Phoenix, Arizona — 36,680 percent growth.
  2. FreightWise — Brentwood, Tennessee — 30,548 percent growth.
  3. Cece’s Veggie Co. — Austin, Texas — 23,880 percent growth.
  4. LadyBoss — Albuquerque, New Mexico — 21,850% growth.
  5. Perpay — Philadelphia, Pennsylvania — 18,166% growth.
  6. Cano Health — Miami, Florida — 14,183% growth.
  7. Bear Mattress — Hoboken, New Jersey — 13,481% growth.
  8. Connected Solutions Group — Mechanicsville, Virginia — 12,565% growth.
  9. Providence Healthcare Management — Cleveland, Ohio — 12,565% growth.
  10. NOM — Los Angeles, California — 11,996 percent growth.

“The beautiful thing is, when you start making people more money and helping them run their businesses better, they typically have pretty big mouths,” says David Freedman, the co-founder of the No. 1-ranked Freestar, a company that sells solutions and services that help publishers make more money online by perfecting advertising operations.

Freestar had a revenue of $36.9 million in 2018.

Patch reporter Gus Saltonstall contributed to this report.

Also See: 194 Best Employers In California: New Forbes List

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