Business & Tech
Man MA Companies On List Of Startups To Watch: See List
From a minimalist fashion designer to sound machines to heal injuries, these local startups are top in the nation.
MASSACHUSETTS — Several startups with roots in Massachusetts 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.
The top 10 in Massachusetts included in the ranking are:
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- 47) Marcella, Consumer Products, Florence
- 66) Hometap, Real Estate, Boston
- 100) FarmboxRx, Health Services, Boston
- 150) FreightPlus, Logistics & Transportation, Quincy
- 158) Blue Lake Capital, Real Estate, Dedham
- 186) CityLight Homes, Real Estate, Peabody
- 211) apiphani, IT Services, Boston
- 227) StemWave, Health Products, Boston
- 246) Thrasio, Business Products & Services, Walpole
- 277) OpenExchange, Business Products & Services, Boston
See the full list of Massachusetts startups included in the ranking here.
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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