In 2023, the number of companies worldwide grew by approximately 3.3 percent, after reaching a record of nearly 4.2 percent in 2022. Prior to 2020, there had been positive growth in the number of companies worldwide in every year between 2001 and 2019.
In 2024, the fastest growing private company in Utah was business products and services company HeroDevs, which experienced a three-year growth rate of 4,105 percent. Following them was Nectar, which had a three-year growth rate of 3,666 percent.
In 2024, the fastest growing private company in Georgia was Atlanta-based company MintLeads.io. That year, the company experienced a three-year growth rate of 3,768 percent. Following MintLeads.io was Viva Finance, who had a three-year growth rate of 3,697 percent.
In 2023, the fastest growing private company in Massachusetts was Marcella, headquartered in Florence. The company experienced a three year growth rate of 8,445 percent. Following Marcella was Hometap, which had a three year growth rate of 7,061 percent.
In 2021, the fastest growing private company in Missouri was Vector Force Development. The company grew 2,7986 percent that year. Following Vector Force Development was Artisan Technology Group, which grew 2,343 percent that same year.
In 2022, the fastest growing private company in New York was The Newsette, headquartered in New York City, which grew 16,581 percent that year. Following The Newsette was Capital Rx, which grew 9,895 percent.
In 2022, the fastest growing private company in Tennessee was Harvestone Group, headquartered in Franklin. The company grew 14,308 percent that year. Following Harvestone was Marie Nicole Clothing, which grew 14,106 percent.
In 2024, Google's parent company reported an annual revenue increase of 14 percent. In 2023, video content and streaming platform Netflix increased its annual revenue by seven percent. Meta Platforms (formerly Facebook Inc.) generated a 16 percent year-on-year revenue increase during the same period. Additionally, Amazon had a year-over-year revenue increase of 12 percent for its fiscal year of 2023.
In 2022, the fastest growing private company in Nebraska was Summit Medical Staffing, headquartered in Fremont. The company grew 1,034 percent that year. Following Summit Medical was Viking Industrial Painting, which grew 1,542 percent.
In 2021, the fastest growing private company in Delaware based on revenue was Dover based retail company, Whole9yards USA. That year, they grew 8,202 percent. Following Whole9yards USA was GoSaas, which grew 3,763 percent.
Aksaygazservice was the fastest-growing company in Kazakhstan among the 50 highest-earning businesses. Between 2021 and 2022, it increased its revenue by nearly 135 percent. The airline Scat Air Company had the second-highest revenue growth, which reached roughly 100 percent.
In 2022, the fastest growing private company in Pennsylvania was GlobeTopper, headquartered in MapleGlen. The company grew 6,013 percent that year. Following GlobeTopper was Printfresh, which grew 4,196 percent.
This statistic shows the top ten industries of high-growth companies in the United States as of 2016. In 2016, about 13.1 percent of U.S.-based high-growth companies were specialized in information technology services.
In 2022, the fastest growing private company in Vermont was Reconciled, a financial services company headquartered in Burlington. The company grew 347 percent that year. Following Reconciled was Beau Ties of Vermont, which grew 286 percent.
In 2021, the fastest growing private company in South Carolina ZVerse, headquartered in West Columbia. ZVerse grew 5,533 percent that year. Following ZVerse was Industrial Project Innovation, which grew 3,285 percent that year.
Estimates indicate that the online travel sector is going to register a 52 percent compound annual growth rate (CAGR) in revenue between 2022 and 2024. While online travel and classifieds are expected to have the highest revenue CAGR, e-commerce reports the lowest revenue growth of any vertical analyzed over the same period.
This graph displays the fastest growing software as a service (SaaS) companies worldwide, based on their SaaS revenue growth between 2013 and 2014. Software companies from the United States dominate the list, but the fastest growing company, OpenText, is Canadian. OpenText's revenue increased almost 800 percent between 2013 and 2014, growing from 30 million U.S. dollars in 2013 to 268 million U.S. dollars in 2014.
Tesla was the fastest growing car company, according to five-year annual revenue growth rates, as of June 30, 2020. Tesla was founded in 2003. Among the more traditional automotive manufacturers, Daimler and Ford fared best.
In 2021, Nobul won the 2022 Technology Fast 50 Award in Canada, recording a growth of 72,944 percent during the previous four-year period. It was followed by Certn, with a growth of 6,407 percent.
Sibir, a Moscow-based company selling motor fuel including jet fuel, had the highest revenue growth in Russia between 2019 and 2023, which was measured at 218 percent. It was followed by Rostyre, whose revenue grew by 188 percent over the four-year period.
In 2023, the number of companies worldwide grew by approximately 3.3 percent, after reaching a record of nearly 4.2 percent in 2022. Prior to 2020, there had been positive growth in the number of companies worldwide in every year between 2001 and 2019.