Business & Tech
2 Dozen SMC Companies Make List Of Startups To Watch
The Inc. 5000 tracks startup growth across the nation and included 27 companies based in San Mateo County in this year's ranking.
SAN MATEO COUNTY, CA — Several startups with Peninsula roots are worth keeping an eye on as they respond to some of the nation’s most vexing problems, Inc. magazine said with the release of its 2023 Inc. 5000 list.
The startup companies were ranked by revenue growth from 2019 to 2022. To be considered, they had to have earned at least $100,000 in 2019 and grown that to at least $2 million by the end of 2022. To be considered, the companies must have been up and generating revenue by March 31, 2019.
In the Bay Area, six startups in Pleasanton, Oakland, San Francisco and San Ramon made the top 100 nationally. Pleasanton's Tryfacta placed 18th overall, recording an eye-popping 16,762 percent growth over three years.
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The San Mateo County companies included in the ranking are:
Burlingame
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- AiFi, a software company, grew by 148 percent during the three years and ranked 3,395th nationally.
- Healthy Horizons Breastfeeding Centers & Corporate Lactation Services, a human resources company, grew by 146 percent during the three years and ranked 3,419th nationally.
- IDG Consulting, a business products & services company, grew by 99 percent during the three years and ranked 4,364th nationally.
Foster City
- SocialBook, an advertising & marketing company, grew by 1,637 percent during the three years and ranked 353rd nationally.
- Tipalti, a financial services company, grew by 337 percent during the three years and ranked 1,664th nationally.
- AltexSoft, a software company, grew by 97 percent during the three years and ranked 4,404th nationally.
- Exabeam, a security company, grew by 77 percent during the three years and ranked 4,923rd nationally.
Half Moon Bay
- Resource Innovations, an energy company, grew by 1,589 percent during the three years and ranked 359th nationally.
Hillsborough
- Innowave Marketing Group, a business products & services company, grew by 114 percent during the three years and ranked 4,022nd nationally.
Menlo Park
- Instabase, a software company, grew by 808 percent during the three years and ranked 725th nationally.
- Verantos, a health services company, grew by 766 percent during the three years and ranked 767th nationally.
- Joveo, a software company, grew by 143 percent during the three years and ranked 3,477th nationally.
Redwood City
- Moloco, an advertising & marketing company, grew by 1,224 percent during the three years and ranked 476th nationally.
- Zum Services, a logistics & transportation company, grew by 359 percent during the three years and ranked 1,586th nationally.
- OnDot Media, an advertising & marketing company, grew by 330 percent during the three years and ranked 1,691st nationally.
- BigPanda, an IT services company, grew by 309 percent during the three years and ranked 1,806th nationally.
- Alation, a software company, grew by 269 percent during the three years and ranked 2,090th nationally.
- Citrine Informatics, a software company, grew by 198 percent during the three years and ranked 2,709th nationally.
- Liftoff, a business products & services company, grew by 152 percent during the three years and ranked 3,320th nationally.
- Learneo, an education company, grew by 121 percent during the three years and ranked 3,876th nationally.
- SightCall, a software company, grew by 111 percent during the three years and ranked 4,097th nationally.
San Mateo
- Winnie, a consumer services company, grew by 2,985 percent during the three years and ranked 177th nationally.
- OneSignal, a software company, grew by 287 percent during the three years and ranked 1,956th nationally.
- Cocofloss, a health products company, grew by 98 percent during the three years and ranked 4,388th nationally.
South San Francisco
- Genome Medical, a health services company, grew by 886 percent during the three years and ranked 663rd nationally.
- LeadStack, a human resources company, grew by 89 percent during the three years and ranked 3,395th nationally.
Woodside
- West Agile Labs, a software company, grew by 293 percent during the three years and ranked 1,912th nationally.
The Inc. 5000 companies had combined revenues of $358.2 billion, added nearly 1.2 million jobs and grew at a median rate of 219 percent. The list featured 638 newly founded companies and 3,047 repeat honorees.
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