For the eighth year Cariloha, a leading retail brand specializing in ultra-soft bedding, clothing and bath goods made from sustainable, renewable bamboo, has been named to the Inc. 5000 list, recognizing the fastest-growing private companies in America. Less than four percent of Inc. 5000 applicants ever achieve the list eight times within a 10-year time frame.
Cariloha joins a prestigious group of companies that includes OneTrust, NuLeaf Naturals, Anchor Trading, Lattice, etc. This year, Cariloha ranked #4,647 out of 5,000 on the Inc. 5000 with three-year sales growth of 66%.
Inc. Magazine this week ranked Cariloha at no. 4,647 on its 39th annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies in America with the most proven track records.
If entrepreneurs are the lifeblood of an economy, consider Inc.’s ranking of 5,000 companies America’s circulatory system. Companies such as Microsoft, Dell, Pandora, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees of the Inc. 5000.
“Being recognized on the Inc 5000 for eight years now is truly a testament to our company’s resilience, innovative spirit and perseverance and a victory for the entire Bamboo Nation,” said Jeff Pedersen, Cariloha Founder and CEO. “Cariloha’s sustainable luxury brand is growing and expanding across the globe at a record pace with nearly 40% compounded annual growth rates, operating in 60 full, inline stores in 17 countries, with more than 50% of total revenue coming from online sales – all made possible by our outstanding employees and fans, our luxuriously soft bamboo products, and our incredible online, wholesale, and in-store shopping experiences.”
The fastest-growing companies in America are a force for growth, notching collective revenue of more than $209.7 billion in 2019 and three-year revenue growth rates that top out at 165 percent. The Inc. 5000 companies accounted for 582,741 jobs over the past three years as well.
How the 2020 Inc. 5000 Companies Were Selected Companies on the 2020 Inc. 5000 are ranked according to percentage revenue growth from 2016 to 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They must be U.S.-based, privately held, for-profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2019. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places. There were four ties on this year’s Inc. 5000.
About Inc. Media:
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 15,000,000 today. For more information, visit www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation’s most successful private companies has become the hallmark of entrepreneurial success.