While a Wisconsin company that makes software to execute shipments and a trendy cellphone grip company out of Colorado may have taken the top spots in this year's Inc. 5000 list — Florida still had an impressive showing.
Every year, Inc. ranks the 5,000 fastest growing private businesses in the country. Overall, 371 Florida companies made the cut. No companies based in the state cracked the top 10, but a Tampa company did rank No. 16. Not too shabby.
The fastest growing companies nationwide were SwanLeap and PopSockets. In Florida, it was Inova U.S., an advertisement and marketing firm, and AdRizer, a software developer.
Here are the top five Tampa Bay companies by growth, according to the 5000 list.
1. Welfont, Tampa
Welfont is a real estate company founded in 2014. It has about 55 employees. The company says its serves brokers, sellers and buyers. It handles underwriting, asset management and financial services for real estate properties.
Its three-year growth, according to Inc., was 11,359 percent and it posted $14.1 million in revenue for 2017.
"We're truly humbled by the award and grateful for the recognition. We have the best team of professional agents and real estate service providers anywhere. I couldn't be more proud of them," said CEO Shawn Marcell in a statement.
Welfont also ranked No. 2 in top real estate companies by growth.
2. KnowBe4, Clearwater
KnowBe4 is a regular on our Tampa Bay Times top workplaces list. The IT company specializes in cyber security training and is ranked No. 96 overall for growth across the U.S.
In the past three years, it's grown 3,726 percent, according to Inc. It posted 2017 revenue of $64.5 million. The company was founded in 2010.
3. Elite Insurance Partner, Clearwater
This local company sells insurance in 45 states, mostly in the Medicare sector, but also in health, vision, dental, life, care and disability. It has about 25 employees and was founded in 2013.
It has a three-year growth of 4,458 percent, according to Inc. It posted a 2017 revenue of $3.6 million and ranked No. 112 overall.
4. Teami, Seminole
This tea company makes tea-based foods, supplements and beauty items. The product line promotes improving metabolism, digestion and energy levels.
Founded in 2013, Teami now has 45 employees. It posted 2017 revenue of $9.8 million. It grew 2,123 percent, according to Inc., placing it at No. 222 overall.
5. CU Engage, St. Petersburg
This small Pinellas County company has 13 employees but grew a whopping 2,079 percent in the last three years. CU Engage consults credit unions to help them find the best fit payment and technology vendors.
It was founded in 2014 and posted $3.6 million in revenue last year.
Follow trends affecting the local economy
Subscribe to our free Business by the Bay newsletter
You’re all signed up!
Want more of our free, weekly newsletters in your inbox? Let’s get started.Explore all your options
Contact Sara DiNatale at email@example.com. Follow @sara_dinatale.