Inc., the publication “written for the people who run growing companies” recently released it’s annual ranking list of the country’s top 5,000 fastest-growing private companies with an emphasis on the top 10 percent of the list — the ‘Inc. 500.
“In 1982, Inc. introduced the Inc. 500 list of the fastest-growing privately held companies in the United States. Since then, this prestigious list of the nation’s most successful private companies has become the hallmark of entrepreneurial success and the place where future household names first make their mark.
Today, the list is a distinguished editorial award, a celebration of innovation, a network of entrepreneurial leaders, and an effective public relations showcase. The Inc. 500|5000 ranks companies by overall revenue growth over a three-year period.”
There’s a total of 92 companies listed from Minnesota, 19 of which we’ve identified as product-based technology companies (up from 17 last year). That figure is based on product-oriented technology companies, and does not include the additional 24 service-based technology firms from Minnesota that made it as well.
Minneapolis’ Code 42 Software came it at number one for technology, and is the second highest ranking Minnesota company overall at #313. Similar to last years numbers, e-commerce is strong again with six of 19 companies operating within the category; 11 companies were listed last year and seven are three years running.
The [self-reported & opt in] information below provides a unique glimpse inside some of Minnesota’s fastest growing privately held high tech companies, according to Inc. Magazine:
|Company||Rank||3 yr. growth||2011 Rev||Employees||Founded||HQ|
|Code 42 Sofware||313||1194%||$18.5m||78||2001||Minneapolis|
|Bulk Reef Supply||614||594%||$7.2m||26||2007||Golden Valley|
|Proto Labs (public)||2123||123%||$98.9m||511||1999||Maple Plain|
|Apex Print Technogies||3012||72%||$35.4m||78||1995||St.Paul|
Service-based technology companies:
Intuitive Technology Group , aimClear , OppSource , Horizonatal Integration , The Nerdery , RBA , Three Deep Marketing , Javen Technologies , The Informatics Group , MentorMate , Trexin Consulting , Viretelligence , Mid-Del Group , Netgain Hosting , SecureConnect , Fishbowl Solutions , Concord , Synergy Associates , Saturn Systems , The Sartell Group , OATI , Coherent Solutions , Intertech