SAN
DIEGO, Aug. 13, 2024 /PRNewswire/ -- Inc.
has just unveiled its 2024 Inc. 5000 list, and Cymbiotika is
thrilled to rank No. 347 out of 5,000 among the fastest-growing
private companies in America. The prestigious ranking provides
a data-driven look at the most successful companies within the
economy's most dynamic segment—its independent, entrepreneurial
businesses. Microsoft, Meta, Chobani, Under Armour, Timberland,
Oracle, Patagonia, and many other household-name brands gained
their first national exposure as honorees on the Inc. 5000.
"Being ranked #347 on the Inc 5000 list with a 1059% growth from
2020 to 2023 is a testament to our team's growth and commitment to
excellence," said Shahab Elmi,
Co-Founder & CEO of Cymbiotika. "By hiring from within and
focusing on our customers' needs, we have built a culture of
innovation and dedication. Together, we are shaping the future of
our industry and delivering exceptional value to our
community."
The Inc. 5000 class of 2024 represents companies that have
driven rapid revenue growth while navigating inflationary pressure,
the rising costs of capital, and seemingly intractable hiring
challenges. Among this year's top 500 companies, the average median
three-year revenue growth rate is 1,637 percent. This year's Inc.
5000 companies have added 874,458 jobs to the economy over the
past three years.
For complete results of the Inc. 5000, including company
profiles and an interactive database that can be sorted by
industry, location, and other criteria, go to www.inc.com/inc5000.
All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the
new issue of Inc. magazine, available on newsstands
beginning Tuesday, August 20.
"One of the greatest joys of my job is going through the Inc.
5000 list," says Mike Hofman, who
recently joined Inc. as editor-in-chief. "To see all of the
intriguing and surprising ways that companies are transforming
sectors, from health care and AI to apparel and pet food, is
fascinating as a journalist and storyteller. Congratulations to
this year's honorees, as well, for growing their businesses fast
despite the economic disruption we all faced over the past three
years, from supply chain woes to inflation to changes in the
workforce."
About Cymbiotika:
Cymbiotika is a leading wellness
company that provides high-quality, science-backed supplements that
enhance overall health and well-being. With a commitment to
innovation and sustainability, Cymbiotika's products are formulated
using the finest ingredients from nature to support optimal health
and vitality.
More about Inc. and the Inc. 5000
Methodology
The 2024 Inc. 5000 companies are ranked according to percentage
revenue growth from 2020 to 2023. Companies must have been founded
and have generated revenue by March 31,
2020, to qualify. They must be U.S.-based, privately held,
for-profit, and independent—not subsidiaries or divisions of other
companies—as of December 31, 2023.
(Since then, some on the list may have gone public or been
acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 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 four decimal
places.
About Inc.
Inc. Business Media is the
leading multimedia brand for entrepreneurs. Through its journalism,
Inc. aims to inform, educate, and elevate the profile of our
community: the risk-takers, the innovators, and the ultra-driven
go-getters who are creating our future. Inc.'s award-winning
work achieves a monthly brand footprint of over 40 million across
various channels, including events, print, digital, video,
podcasts, newsletters, and social media. Its proprietary Inc. 5000
list, produced yearly since its launch as the Inc. 100 in 1982,
analyzes company data to rank the fastest-growing privately held
businesses in the United States.
The recognition that comes with inclusion on this and other
prestigious Inc. lists, such as Female Founders and Power
Partners, allows the founders of top businesses to engage with an
exclusive community of their peers and credibility that helps them
drive sales and recruit talent. For more information, visit
www.inc.com.
For more information on the Inc. 5000 Conference & Gala,
held from October 16 to 18 in
Palm Desert, California, please
visit http://conference.inc.com/.
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SOURCE Cymbiotika