Business & Tech

13 FL Startups Among Fastest-Growing In America: New Ranking

Florida startups on the Inc. 5000 list saw rapid revenue growth while fighting inflation, rising interest costs, and hiring challenges.

FLORIDA — More than 400 startups with roots in Florida are ranked among the fastest-growing private companies in America in the 2024 Inc. 5000 list released Tuesday. Thirteen of those companies rank among the top 100.

The companies on the list have experienced rapid revenue growth in recent years while navigating inflationary pressures, rising interest costs and hiring challenges from 2020 through 2023. The top 500 companies on the list had an average median three-year revenue growth rate of 1,637 percent. Together, the 5,000 companies on the list have added 874,458 jobs over the past three years.

To qualify for the ranking, companies must be U.S.-based and must have been generating revenue by March 31, 2020. Although some of the startups may have gone public or been acquired since the review period ended, the list represents companies that were private, for-profit and independent as of Dec. 31, 2023, Inc. said.

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The companies must also have had minimum revenues of $100,000 for 2020 and $2 million for 2023. See the full methodology.

In all, Florida had 465 startups on the Inc. 5000 list. Companies in the Sunshine State included in the top 100 are:

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No. 5 nationally ABA Centers of America, a health services company based in Fort Lauderdale, grew by 32,192 percent during the three years

No. 9 Raw Sport Supplement Company, a consumer products company based in Port St. Lucie, grew by 17,644%

No. 11 KashKick, a consumer products company based in Tampa, grew by 16,095%

No. 15 StatusPro, a consumer products company based in Miami, grew by 11,379%

No. 17 COMPEO, a human resources company based in Dania, grew by 10,915%

No. 30 Superfan Live, a travel and hospitality company based in Clearwater, grew by 7,906%

No. 36 Zap Mortgage, a financial services company based in Sarasota, grew by 7,183%

No. 42 GoTu Technology, a human resources company based in Miami, grew by 6,282%

No. 45 FlyUSA, a travel and hospitality company based in Clearwater, grew by 6,218%

No. 51 Dryeye Rescue, an advertising and marking company based in Boca Raton, grew by 5,468%

No. 62 Spot Pet Insurance, an insurance company based in Miami, grew by 4,700%

No. 72 StatPearls, an education company based in St. Petersburg, grew by 4,031%

No. 77 Novo, a financial services company based in Miami, grew by 3,843%

The complete list, found at this link, includes company profiles and an interactive database sortable by industry, location and other criteria.

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