Four KC area firms land spots in Inc. 500 fastest growing list, dozens in top 5000
August 17, 2017 | Meghan LeVota
Forty Kansas City area firms are featured on the annual Inc. 5000 list, which includes the nation’s fastest growing businesses.
Among them, four local firms were included in the more exclusive Inc. 500 list, with Lever 1 nabbing a No. 44 ranking. In 2016, only one Kansas City company made the 500 list, ranked No. 478.
Founded in 2012, Lever 1 is a professional employer organization, managing human resources, payroll and employee benefits. Lever 1 managed to grow at a rate of 6,560 percent in the past three years, with only 16 employees.
With the majority of its clients being startups and small businesses, perhaps Lever 1’s rapid growth speaks to Kansas City’s growing entrepreneurial community. Startland News and its parent, the Kansas City Startup Foundation, are among those partnered with Lever1.
This is the first year the firm was included on the Inc. 5000 list. It was also ranked as the No. 1 Missouri business and the No. 5 nationwide top business products and services company.
In 2016, the Inc. 5000 list featured 44 area businesses. Although that might seem like a step backward, Kansas City companies have made tremendous strides, landing higher overall rankings.
Kansas city area firms that made the Inc. 500 list:
No. 44 Lever 1 — 6,559 percent growth with $27.6 million in revenue
No. 60 Infusion Express —5,549 percent growth with $7.1 million in revenue
No. 193 Zhou Nutrition — 2,241 percent growth with $11.5 million in revenue
No. 409 Tallgrass Freight Co —1,066 percent growth with $4.7 million in revenue
Kansas city tech firms made a showing this year, with eight firms total in the software, engineering or IT services category.
K12itc, which in 2016 earned a spot on Startland’s top 10 startups to watch list, delivers cloud-based IT services to K-12 school districts and has seen skyrocketing growth since its 2010 founding date. In 2016, the firm ranked No. 869.
Here are all the tech related firms on the Inc. 5000 list:
No. 2164 Chelsoft Solutions Co. — 168 percent growth with $4.5 million in revenue
No. 2377 iTEDIUM —152 percent growth with $6.9 million in revenue
No. 2369 eSolutions — 152 percent growth with $42.4 million in revenue
No. 2437 Pivot International — 147 percent growth with $29.1 million in revenue
No. 3408 DistributorCentral — 92 percent growth with $2.5 million in revenue
No. 3531 K12itc — 87 percent growth with $8.5 million in revenue
No. 3891 Alight Analytics — 74 percent growth with $3.2 million in revenue
No. 4222 Dimensional Innovations — 62 percent growth with $31. 2 million in revenue
No. 4740 Intellifarms — 47 percent with $10.5 million in revenue.
Inc. Magazine bases its growth rankings on three-year revenue growth. The overall list included 45 Kansas-based companies, 91 Missouri-based and 11 businesses from the Kansas City area who have yet to be included in the Inc. 5000.
To learn more about the Kansas-area firms on the list, click here to filter through the companies.
2017 Startups to Watch
stats here
Related Posts on Startland News
Roo-Up with pulled pork or bite into Big Salvy: Ding Dong Dogs debuts at KC Streetcar’s mouthwatering last stop
Matt McLain longed for the hot dogs he grew up eating as a young baseball fan in Chicago. His just-off-the-roller, quick-serve hot dog restaurant near UMKC and the extended KC Streetcar line squirts a dinger of nostalgia in an emerging destination known for elevated fare. It’s an opportunity McLain relishes, the Ding Dong Dogs owner…
Beach volleyball heavyweights, Olympians hitting KC sand for George Brett showdown
Serial entrepreneur Lance Windholz hopes a high-profile weekend beach volleyball tournament — showcasing 24 professional players, including seven Olympians — will encourage more Kansas City athletes and enthusiasts to dig the sport he loves. The George Brett 4v4 Volleyball Showdown arrives Saturday, Sept. 13, at Shawnee Mission Beach Volleyball. Two amateur teams are set to compete…
KC-built AI command center helps businesses gain superpowers without losing their tech stack
First envisioned as an AI-powered agent built to streamline operations at Kansas City-based Plexpod’s coworking spaces, Intuidy has evolved into its own operating system; one that is transforming the way companies operate, co-founder Grayson Smith said. Vantage — Intuidy’s flagship platform launched in early 2024 with the help of Smith’s brother, Gentry — is a…
Peek inside: This new coworking space on Troost opens doors to belonging (and a rooftop view)
A search for new office space turned into a bigger opportunity to connect for founder Jeff Wagner, who launched Belong Space as a coworking community within a resurgent hub along Troost. Its mission is in the name. “It’s very difficult to find office space that’s in a qualified HUBZone neighborhood,” said Wagner, founder and CEO…