151 Colorado firms on Inc. 5000 fastest-growing private companies list

BruMate, which ranked No. 14 on Inc. 5000’s 2020 list, sells insulated can coolers, tumblers and drinkware for beer and wine. (Courtesy BruMate)

A Denver-based insulated drinkware company ranked the highest of the 151 Colorado companies on Inc. magazine’s 2020 list of the fastest-growing private companies in America.

BruMate, which was founded in 2015 by now 25-year-old Dylan Jacob and featured in Forbes magazine recently, sells insulated can coolers, tumblers and drinkware. It reported that 2019 revenue increased 11,951 percent from three years prior — enough to nab the No. 14 spot on the Inc. 5000 list.

The list released Wednesday included 103 businesses from Denver. 

Ranking on the Inc. 5000 list is determined by percent of revenue growth over a three-year period. Companies must apply to be included, self-report their revenue figures, and have had revenue of at least $100,000 in 2016 and $2 million in 2019.

Revenues from last year are no longer publicly available on the list, as they have been in the past.

NuLeaf Naturals was ranked No. 11 on Inc. magazine’s 2019 list of the fastest-growing private companies in America. (NuLeaf Naturals)

Here are the other Colorado companies ranked in the top 500:

+ NuLeaf Naturals (#16), based in Denver, reported 11,495 percent revenue growth since 2016. The company, which was ranked the fastest-growing Colorado company last year at No. 11, makes CBD oil for animals as well as humans. CEO: Jaden Barnes

+ Guild Education (#23), based in Denver, reported 9,969 percent revenue growth since 2016. Founded in 2015, the company works with large corporations like Disney and Walmart on their employee education benefits, including connecting workers to nonprofit universities. It has raised $228.5 million in venture funding to date. CEO: Rachel Carlson

Denver-based Guild Education ranked No. 23 overall. (Courtesy Guild Education)

+ Hemp Depot (#32), based in Colorado Springs, reported 7,557 percent revenue growth since 2016. The company is one of the largest providers of hemp CBD oil products, seeds and clones in the U.S. and was founded in 2015. CEO: Andy Rodosevich

+ Wurk (#73), based in Denver, reported 4,579 percent revenue growth since 2016. The company, founded in 2015, describes itself as “an entire human resources department in one platform” for companies in the highly-regulated cannabis industry, according to its website. It provides software that streamlines payroll, human resources, timekeeping, scheduling and tax compliance for dispensaries. CEO: Keegan Peterson

+ Infinicept (#95), based in Denver, reported 3,607 percent revenue growth since 2016. The company, which launched in 2012, allows businesses to take control of their payments by offering an end-to-end payment facilitator platform. CEO: Todd Ablowitz

+ Growlink (#109), based in Denver, reported 3,263 percent revenue growth since 2016. The startup, founded in 2015, powers farmers’ greenhouses and indoor vertical growing facilities using hardware and software to monitor air quality, temperature, humidity and more. It centralizes the data all on one mobile platform that farmers can use to monitor and remotely control their systems. CEO: Ted Tanner

+ Pax8 (#111), based in Greenwood Village, reported 3,208 percent revenue growth since 2016. The company, which was ranked No. 68 last year, specializes in cloud-based distribution services. CEO: John Street

+ Quantum Metric (#124), based in Colorado Springs, reported 2,945 percent revenue growth since 2016. The company, which launched in 2011, helps organizations build digital products. CEO: Mario Ciabarra

+ Trustech (#131), based in Denver, reported 2,811 percent revenue growth since 2016. The technology recruiting and consulting company was founded in 2016. CEO: Michelle Hendy

+ PRQ Exteriors (#141), based in Golden, reported 2,630 percent revenue growth since 2016. Founded in 2014, the company works with insurance companies on both commercial and residential storm restoration claims. CEO: Patrick Quinn

+ Professional Transition Strategies (#248), based in Colorado Springs, reported 1,789 percent revenue growth since 2016. The company, founded in 2006, represents dental practice buyers and sellers and offers brokerage and practice consulting services. CEO: Kyle Francis

+ Spartan Investment Group (#308), based in Golden, reported 1,479 percent revenue growth since 2016. The company, founded in 2016, syndicates investor capital to develop real estate. CEO: Scott Lewis

+ Twelve Three Media (#326), based in Lakewood, reported 1,394 percent revenue growth since 2016. The marketing agency offers web design, SEO, social media marketing and strategic media consulting services. CEO: Sean Allen

+ SFY (#394), based in Highlands Ranch, reported 1,177 percent revenue growth since 2016. The company, founded in 2015, provides administrative claims support and estimate writing services to restoration and roofing contractors for water and fire mitigation and storm damage repair. CEO: Greg Marthaler Jr.

+ Keystone Experts and Engineers (#450), based in Castle Rock, reported 1,014 percent revenue growth since 2016. The company, founded in 2015, provides forensic engineering services to the property and casualty insurance industry. CEO: Daniel Price

+ Nuclear Networking (#461), based in Greenwood Village, reported 992 percent revenue growth since 2016. Founded in 2010, the company offers digital marketing services with a focus on machine learning and artificial intelligence. CEO: Tyler Horsley

+ H&C Animal Health (#472), based in Parker, reported 969 percent revenue growth since 2016. The company sells pet health care products for the veterinary and retail markets, and ranked No. 37 on last year’s list. CEO: Chuck Latham

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