Phoenix startup tops list of nation’s fastest-growing private companies

Aug 14, 2019, 12:45 PM | Updated: 4:14 pm
(Pixabay Photo)...
(Pixabay Photo)
(Pixabay Photo)

PHOENIX — A Phoenix-based startup was named the fastest-growing privately held company in the nation by Inc. Magazine on Wednesday.

Freestar, an advertising and marketing company, topped the list of the magazine’s 5,000 most successful private companies in the U.S.

According to Inc., Freestar has grown by 36,680% since it was founded in 2015, totaling $36.9 million in 2018 revenue.

More than 100 companies from Arizona, mostly based in the Valley, made the list. Some came from smaller cities, including Kingman and Lake Havasu City.

There are 28 million businesses in America and today, Freestar is sitting at NUMBER 1.We’re honored to share that…

Posted by Freestar on Wednesday, August 14, 2019

Phoenix-based financial services company Loanitik took No. 85, while Scottsdale’s Parsons Xtreme Golf and Centauri Health Solutions also landed in the top 150.

ITS, a Chandler logistics and transportation company, made it on the list for the 11th time, while FlexPrint Managed Print Solutions in Mesa had its 10th go-around.

To qualify for this year’s list, companies must have had revenue no less than $100,000 in 2015 and no less than $2,000,000 in 2018.

Freestar won’t have to travel far to receive its award. The Inc. 5000 Conference and Gala will be held in Scottsdale on Oct. 10-12.

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

(Facebook Photo/Phoenix Police Department)...

Man dies making left turn after driver runs red light in Phoenix

A man was killed in Phoenix on Friday after a driver ran a red light, striking the victim's car in an intersection, authorities said.
1 day ago
(Pexels Photo)...
Kevin Stone

Arizona Gov. Katie Hobbs creates panel to study teacher retention problem

Arizona Gov. Katie Hobbs issued an executive order Thursday aimed at figuring out ways to keep teachers in classrooms.
1 day ago
Protesters march Saturday, Jan. 28, 2023, in Memphis, Tenn., over the death of Tyre Nichols, who di...
Associated Press

6th officer fired after beating death of Tyre Nichols

A sixth Memphis officer was fired Friday after an internal police investigation showed he violated multiple department policies in the violent arrest of Tyre Nichols.
1 day ago
(Photo by John Moore/Getty Images)...
Associated Press

Denver Court throws out Wyoming doctor’s pill convictions

A federal appeals court on Friday threw out the convictions of a doctor accused of overprescribing powerful pain medication and ordered a new trial for him.
1 day ago
(Photo illustration by Tasos Katopodis/Getty Images)...
Associated Press

$700M Powerball prize latest in string of giant jackpots

There is another giant lottery jackpot up for grabs Saturday night, the latest in a string of big prizes enticing players to plunk down $2.
1 day ago
(Pixabay Photo)...

Missing Arizona girl rescued from basement of sex offender in Utah

A missing Arizona girl was rescued from the basement of a Utah sex offender earlier this week, authorities said Friday.
1 day ago

Sponsored Articles

(Pexels Photo)...

Sports gambling can be fun for adults, but it’s a dangerous game for children

While adults may find that sports gambling is a way to enhance the experience with more than just fandom on the line, it can be a dangerous proposition if children get involved in the activity.
(Photo via MLB's Arizona Fall League / Twitter)...
Arizona Fall League

Top prospects to watch at this year’s Arizona Fall League

One of the most exciting elements of the MLB offseason is the Arizona Fall League, which began its 30th season Monday.
Children’s Cancer Network

Children’s Cancer Network celebrates cancer-fighting superheroes, raises funds during September’s Childhood Cancer Awareness Month

Jace Hyduchak was like most other kids in his kindergarten class: He loved to play basketball, dress up like his favorite superheroes and jump as high as his pint-sized body would take him on his backyard trampoline.
Phoenix startup tops list of nation’s fastest-growing private companies