2019 Inc. 5000 list reveals high-growth Indiana tech companies
This year, 18 privately-held Indiana tech and tech-enabled companies were recognized on the 2019 Inc. 5000 list, an annual collection of the fastest-growing private companies across the U.S. Eleven of the 18 companies have either been nominated or won a Mira Award in past years.
Indy-based Lev has been on the list before, but its ranking at #823 is its historical highest. “It’s exciting to see the hard work and incredible growth Lev has experienced over the last 3 years gain national recognition,” said Michael Burton, Lev’s chief executive officer. “While Lev has accomplished many exciting achievements, we are still striving towards even bigger goals. It’s humbling seeing Lev recognized and celebrated by Inc. 5000 to remind us how far we have come.”
Spot Freight has made the list for six years now. “We attribute our 200+% growth over the past 3 years to a consistent focus on our vision of great people, relationships, & technology,” said Andrew Elsener, co-founder of Spot. “This is the sixth time we’ve been featured on the Inc. 5000 list since our founding 10 years ago, and we’re extremely proud of the competitive, high energy, and fast-paced culture we’ve created here at Spot.”
Now in its 38th year, the Inc. 5000 list recognizes the fastest-growing privately-held companies in the U.S based on the rate of revenue growth between 2015 and 2018. The minimum revenue required for 2015 was $100,000; the minimum for 2018 was $2 million. Every company on the list achieved at least 52% growth, with the #1 company reaching 36,680% growth. More data and the full list are available.
*Denotes past and present TechPoint Mira Award nominees and winners.
|Rank||Company||Growth||Revenue||Industry||Times on list|
|250||Vespa Group||1,703%||$4.4M||IT System Development||1|
|476||Probo Medical*||927%||$30.1M||Business Products & Services||1|
|823||Lev*||518%||$19.5M||Business Products & Services||3|
|1606||Innovatemap*||256%||$4M||Business Products & Services||2|
|1823||Apex Infinite Solutions||223%||$2.1M||IT Management||1|
|1831||DoubleMap*||222%||$9.8M||Logistics & Transportation||4|
|1874||Spot Freight||216%||$201.4M||Logistics & Transportation||6|
|3824||Hanapin Marketing*||87%||$8.6M||Advertising & Marketing||6|
|4125||Element Three*||77%||$11.9M||Advertising & Marketing||6|
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