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Fastest growing companies in Boston

Meet some of the 2023 fastest growing local companies in Boston featured on Inc. 5000’s list.

The reflection of the rainbow Boston sign downtown.

It’s time to celebrate our city’s growing businesses.

Photo by @opticalmd

Shoutout to the 144 local companies that ranked among the fastest-growing private companies in the nation on the 2023 Inc. 5000 list.

Inc.com determined rankings according to percentage of revenue growth over a three-year period. The Bay State is home to 155 companies that made the list this year.

The list includes 144 Boston-based companies that had a median growth of 196%, total revenue of $11.2 billion, added 23,808 jobs, and 86 are repeat honorees. Additionally, 19 of these companies are newly founded.

Meet the top seven local growing companies that made the cut.

No. 67 — Hometap, Boston

  • Est.: 2017
  • Industry: Real Estate
  • Growth: 7,061%
  • What they do: Provide homeowners cash for future home values without loans or monthly payments.

No. 100 — FarmboxRx, Boston

  • Est.: 2014
  • Industry: Health services
  • Growth: 4,748%
  • What they do: Ship fresh fruit and veggies to its customers, often in partnership with Medicare and Medicaid.

No. 150 — FreightPlus, Quincy

  • Est.: 1988
  • Industry: Logistics and transportation
  • Growth: 3,576%
  • What they do: Provide logistic solutions to help get freight moved more efficiently.

No. 158 — Blue Lake Capital, Dedham

  • Est.: 2017
  • Industry: Real Estate
  • Growth: 3,275%
  • What they do: Real estate sponsor specializing in purchasing, managing, and increasing value of multifamily assets.

No. 186 — CityLight Homes, Peabody

  • Est.: 2012
  • Industry: Real Estate
  • Growth: 2,870%
  • What they do: A full service real estate agency for commercial and residential sales and acquisitions.

No. 211 — apiphani, Boston

  • Est.: 2018
  • Industry: IT services
  • Growth: 2,654%
  • What they do: A cloud company that helps connect clients to the best cloud platform for their services.

No. 227 — StemWave, Boston

  • Est.: 2019
  • Industry: Health products
  • Growth: 2,460%
  • What they do: Develops tech to reduce pain and inflammation for people with chronic or acute pain.