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.