Inc. magazine revealed its list of the fastest-growing private companies in the Southeast and several Tampa Bay area companies were on the list.
The Inc. Regionals award is an extension of the media company’s annual Inc. 5000 list, recognizing the fastest-growing private companies in the U.S. To qualify for the regional recognition, companies must pay a fee to apply and have generated at least $100,000 in revenue in 2019 and $1 million in revenue in 2021.
iBuyXS LLC, a St. Petersburg-based software firm specializing in filling electronic shortages, ranked No. 4 overall and is the highest-ranked company in Florida, according to Inc.
Following behind at No. 10 was Ideal Agent, the Tampa-based real estate company, which saw a 2,721 percent growth. Last year, the company ranked No. 1 in the Business Journal’s Fast 50 Awards, honoring the area’s fastest-growing private companies.
M. Gordon Publishing Group Inc. rounded out the top three in Tampa Bay, ranking No. 12 overall with a 2,192 percent growth rate.
Tampa Bay companies had $436.3 million in revenue, with an average growth of 155%. There were 11 repeat honorees from last year’s list, with 966 new jobs and two newly founded companies.
Here are the top 10 Tampa Bay area companies below.
Top 10 fastest growing companies in Tampa Bay
Overall Rank | Name | Growth |
---|---|---|
4 | iBuyXS LLC | 4,856% |
10 | IDEAL AGENT | 2,721% |
12 | M. Gordon Publishing Group, Inc. | 2,192% |
26 | The Simple Life Hospitality, LLC | 924% |
33 | Big Truck Logistics, LLC | 717% |
47 | PainTEQ | 500% |
58 | Gorilla Netting | 345% |
63 | The Methodical Group | 318% |
64 | KITRUM | 317% |
71 | Imperium Data | 274% |
The full list can be found here.
By Devonta Davis
Digital Producer – Tampa Bay Business Journal