Which Minnesota Tech Companies Made The 2018 Inc. 500 | 5000


Inc. the magazine “written for the people who run growing companies” released today their 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 aka the ‘Inc. 500.’

Overall, 85 Minnesota headquartered companies earned their place on this years list based on self-reported revenue gains over a three year period; we’ve identified 48 as tech in nature with either product or service model.

Last year there were approximately 38 tech companies, 2016 was 41, while 2015 saw 48 and 2014 was 39.

Love Your Melon is Minnesota’s highest ranking tech firm as the e-commerce company raked $31.5m in 2017 revenue representing 3537% three year growth. Coming in second was Merchology, also in e-commerce, with $23.4m in 2017 representing a 1730% three year uptick. Minnesota’s number three tech slot was filled by Total Expert, the B2B fintech software company clocked in $5.3m 2017 revenue and is up 1475% over the past three years.

Here is a snapshot of them all in order of ranking: