From software development to community solar sharing programs, Boston's startup scene is brimming with potential, according to the latest Inc. 5000 list.
Inc. Magazine released the annual list on Thursday, which highlights the fastest growing young companies across the U.S. The magazine’s list only includes private companies that have started generating revenue by the end of March 2015. Those companies are then ranked based on revenue growth generated between 2015 and 2018.
This year about 130 Boston companies across all industries made the list, with several tech companies rounding out the city's top 10. Below are the five tech companies leading the way.
Fastest-Growing Startups in Boston
- Rocket Insights
- Privy
- INFUSEmedia
- Dispatch
- BlueWave Solar
Rank #156
Founded in 2015, Rock Insights helps companies build software, shepherding it from the product strategy phase to development to launch. The company has helped design products for ezCater, Virgin Pulse Hulu and more. Rocket Insights earned its spot on the list by generating $13.6 million in revenue in 2018 and growing more than 2,400 percent in the last three years.
Rank #171
Privy builds software to help e-commerce companies convert website window shoppers into sales. Founded in 2012, the company has been picking up momentum in the last three years, increasing its revenue by more than 2,200 percent from 2015.
Rank #272
Based in Newton Center, Massachusetts, INFUSEmedia helps B2B companies generate business through social media, mobile and direct outreach marketing campaigns. The company made $8.6 million in 2018, and has grown its revenue by more than 1,600 percent in the last three years.
Rank #420
Dispatch launched in 2012 to help solve the communication gap between the service industry and customers — namely, the frustrating experience of waiting all day, wondering whether the cable person will show up. The company made $7 million in 2018, and boasts a three-year growth of 1,093 percent.
Rank #487
While solar panels represents an enticing renewable energy alternative, most people can't afford them. BlueWave Solar offers a community solar sharing program and home solar loans to make it more affordable. The company soaked up $78.6 million in revenue in 2018, and grew its revenue by 902 percent in the last three years.
