Fastest growing companies in Boston

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

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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.
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Jess is based in Boston, MA and when she isn’t creating content, you’ll find her at one of the local breweries, walking her dogs on the Esplanade, or attending a concert. After graduating from the University of Florida, she moved to Columbia, SC where she worked at various nonprofit organizations + was a City Editor for COLAtoday before relocating to launch BOStoday in 2021.