These 4 Wisconsin Startups Ranked Highest on the Inc. 5000



The Inc. 5000 list was revealed Wednesday, and 49 Wisconsin companies ranked among the fastest-growing private firms in the country.

Of all the Wisconsin startups on the list, SwanLeap ranked the highest at No. 35. The Madison-based company reported a 6,383 percent revenue growth since 2015, with 2018 revenue coming in at $162.6 million.

On last year’s Inc. 5000 list, SwanLeap claimed the No. 1 spot when it posted revenues of $99 million in 2017, a whopping 76,000 percent growth from three years prior.

The 2019 Inc. 5000 list rankings are decided based on percentage revenue growth from 2015 to 2018, with minimums of $100,000 in 2015 and $2 million in 2018. All of the companies are private and were founded before March 31, 2015.

Below are the other Wisconsin companies in the 2019 Inc. 500 below, and you can find the full 5,000 rankings here.

SwanLeap (No. 35): Founded in 2013 originally under the name ClearView Audit, SwanLeap is a logistics technology and supply chain management company that brings artificial intelligence to supply chains. The startup helps companies automate shipping decisions, like deciding whether an order should be shipped via freight or parcel delivery.

Fetch Rewards (No. 68): The Madison startup, which provides shoppers with grocery coupons and savings, reported revenue of $9 million in 2018, growing at 4,323 percent since the three years prior.

Octopi Brewing (No. 160): The company, a contract beverage facility that provides consulting, beer recipes and more to its clients, grew 2,384 percent since 2015, reporting revenue of $4.9 million in 2018.

Spike Brewing Equipment (No. 426): The Milwaukee-based company, which manufactures stainless steel home-brewing equipment, grew 1,074 percent in the last three years with revenue of $5.4 million.

Other notable Wisconsin firms that didn’t crack the top 500 but were on the Inc. 5000 include EyeKor (No. 1,185), a Madison company that provides image and data management for ophthalmic clinical trials, and Information Technology Professionals (3,423), a Madison-based IT service provider.

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