Missouri, August 12, 2020 - Inc. Magazine today revealed that Grillaholics is No. 2250 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“It’s an honor to be a part of the Inc. 5000 list for the 2nd year in a row. We are extremely grateful for all of the support from our customers, team, and friends and family over the last 6 years,” says Grillaholics CEO and Co-Founder Devin Dorosh. “A special thank you goes out to my wife and co-founder Katie Dorosh for always supporting me no matter what challenges came our way.”
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
While Grillaholics was ranked #2250 in the fastest growing companies in the nation, it was also recognized as the #140 fastest growing company in the Midwest. Mr. Dorosh commented, “We are very excited for what the future holds as we continue to grow by focusing on creating more value for grillaholics around the world.”
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list 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. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
Grillaholics is a grilling accessories company founded in 2014 in the St. Louis, Missouri area by Devin and Katie Dorosh. Grillaholics mission is to provide best-in-class grilling products that make grilling easier and more enjoyable so that fellow grillaholics can create more memories around the grill by making mind blowing BBQ for friends and family. Grillaholics has served over 500,000 customers across the world. For more information on Grillaholics products, visit www.grillaholics.com.