by the numbers
Houston e-commerce startup cracks Inc. 5000 — here's who makes the 2022 list
In the latest edition of its roundup of fastest growing privately held companies, Inc. magazine has recognized dozens of Houston organizations.
Houston startup GoExpedi, an industrial supply chain and analytics company, is the highest ranking local tech company on the list. GoExpedi ranked No. 675 in the 2022 edition of Inc. 5000, with a 924 percent growth rate between 2018 and 2021.
"The team at GoExpedi is honored to rank number 675 among America's Fastest-Growing Private Companies on the Inc. 5000 Annual List," says Tim Neal, CEO of GoExpedi, in a news release. "GoExpedi has grown exponentially since launching in 2017 due to our forward-thinking and innovative supply chain solutions."
Real estate firm Disrupt Equity is the overall top Houston performer, and the sole Houston company to break the top 200 in the report. The company charted an impressive 2,975 percent growth rate between 2018 and 2021. The firm pushes complete multifamily real estate investment offerings that are earmarked as able to achieve and even exceed projections, clearly a safe haven in one of the biggest — and hottest — real estate markets in the entire nation.
Disrupt claims an impressive ROI for clients: The company boasts a "proven track record with over a dozen full cycle exits averaging over 36 percent annualized return to investors," director of investor relations, Tarek Moussa, tells CultureMap.
"We could not be more ecstatic to hear that Disrupt Equity has been announced as the fastest growing company in Houston by Inc 5000," says Feras Moussa, Disrupt's managing partner, in a statement. "We believe success in real estate, especially in today's economic environment, comes from being a great operator and having a strong team behind you. We believe this has been a large contributor to our success and helps us to continue to provide incredible passive real estate investment opportunities to our investors."
Speaking of real estate, another Houston firm performed well. Construction Concepts, which specializes in commercial design and build in Houston and Austin, ranked No. 497 overall, with 1,251 percent growth over three years. 5111 VENTURES, listed as a full-service real estate brokerage firm specializing in technology-driven residential and commercial sales and consulting services, was No. 558 with 1125 percent growth over three years.
In all, 468 Texas-based companies made this year’s Inc. 5000. Dallas-Fort Worth firms performed especially well:
- No. 13 StaffDNA, Plano, 19,699 percent growth rate
- No. 17 Blue Hammer Roofing, Dallas, 15,911 percent growth rate
- No. 116 TimelyMD, Fort Worth, 3,852 percent growth rate
- No. 142 Curis Functional Health, Farmers Branch, 3,380 percent growth rate
- No. 148 SmartLight Analytics, Plano, 3,317 percent growth rate
- No. 168 Digital Thrive, Dallas, 3,056 percent growth rate
- No. 172 Forester Haynie, Dallas, 2,984 percent growth rate
Here are the other Texas companies appearing in the state’s top 20 and in the top 500 overall.
- No. 60 AdOutreach, Austin, 6,052 percent growth rate
- No. 62 Webforce, Austin, 6,009 percent growth rate
- No. 117 Homestead Brands, Austin, 3,839 percent growth rate
- No. 174 Disrupt Equity, Houston, 2,975 percent growth rate
- No. 188 24HourNurse Staffing, Pittsburg, 2,801 percent growth rate
- No. 201, Everly Health, Austin, 2,643 percent growth rate
- No. 209, Texas Solar Integrated, San Antonio, 2,559 percent growth rate
- No. 212, Apple Blvd Boutique, Frisco, 2,555 percent growth rate
- No. 285 Element 26, Austin, 1,948 percent growth rate
- No. 312 Boostlingo, Austin, 1,820 percent growth rate
- No. 317 Cover Desk, Austin, 1,800 percent growth rate
- No. 325 Canopy Management, Austin, 1,758 percent growth rate
- No. 497 Construction Concepts, Houston, 1,251 percent growth rate
Companies on the 2022 Inc. 5000 are ranked by percentage growth in revenue from 2018 to 2021. To qualify for the list, a company must have been founded and been generating revenue by March 31, 2018. The company also must have been U.S.-based, privately held, for-profit, and independent as of December 31, 2021. The minimum revenue required for 2018 was $100,000; the minimum for 2021 was $2 million.
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor in chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."
A total of 90 Houston-area companies made the list last year, including Homestead Brands, Onit, GoCo.io, Velentium, Softeq, Poetic, Techwave, and more.
This article originally ran on CultureMap. Steven Devadanam and Natalie Harms also contributed to this story.