Business & Tech
This NJ Startup Is Fastest-Growing In America, New Ranking Says: See Others On List
One New Jersey-based company topped the 2024 Inc. 5000 list, having grown more than 90,000 percent over a three-year period.
NEW JERSEY— Dozens of startups with roots in New Jersey are ranked among the fastest-growing private companies in America in the 2024 Inc. 5000 list released Tuesday. One New Jersey-based company topped the list, having grown more than 90,000 percent over a three-year period.
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 10 percent of the companies on the list had an average median three-year revenue growth rate of 1,637 percent.
A total of 132 New Jersey-based companies were on this year's list, and 75 were repeat honorees.
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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.
Together, the 5,000 companies on the list have added 874,458 jobs over the past three years, the study authors said.
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This list includes companies from every state and Puerto Rico — ranging in size from one employee up to 262,079 workers, and from roughly $2 million in 2023 revenue up to $15.5 billion.
The companies must also have had minimum revenues of $100,000 for 2020 and $2 million for 2023. See the full methodology.
The 13 companies in New Jersey included in the top 10 percent (top 500) are:
Vytalize Health, a health services company based in Hoboken, grew by 90,799 percent during the three years and ranked 1st nationally.
Like Air, a food and beverage company based in Madison, grew by 5,002 percent during the three years and ranked 55th nationally.
Hyqoo, a human resources company based in Basking Ridge, grew by 3,864 percent during the three years and ranked 76th nationally.
Titanium Tours, a travel and hospitality company based in Bedminster, grew by 3,018 percent during the three years and ranked 108th nationally.
OrnamentallyYou, a consumer products company based in Fair Lawn, grew by 2,202 percent during the three years and ranked 174th nationally.
BeaconFire Staffing Solutions, an IT services company based in East Windsor, grew by 1,799 percent during the three years and ranked 228th nationally.
ANS Geo, an engineering company based in South Plainfield, grew by 1,748 percent during the three years and ranked 233d nationally.
BONbLOC, a software company based in Edison, grew by 1,359 percent during the three years and ranked 313th nationally.
Terco Enterprises, a construction company based in Lafayette, grew by 1,248 percent during the three years and ranked 349th nationally.
Integris, an IT services company based in Cranberry Township, grew by 1,233 percent during the three years and ranked 356th nationally.
Manhole Covers Direct, a manufacturing company based in Boonton, grew by 1,143 percent during the three years and ranked 388th nationally.
Razor, an IT services company based in Short Hills, grew by 1,088 percent during the three years and ranked 408th nationally.
Adelement Vast, an artificial intelligence company based in Livingston, grew by 1,041 percent during the three years and ranked 432nd nationally.
Click here to explore the full list.
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