Iowa companies claim spots on fastest growing companies list

0

This year, 27 Iowa companies were recognized in the Inc. 5000, a ranking system released annually highlighting the fastest growing private companies in the United States.

The list, comprising 5,000 companies, is based on percentage revenue growth over a three-year period. To be eligible, businesses must have been founded and generating revenue since 2018. They must also be US-based, private, for-profit, and independent (not subsidiaries or divisions of other businesses).

The ranking began as “Inc. 500” in 1982, but expanded in 2007 to give “readers a deeper and richer understanding of the entrepreneurial landscape and capture a wider range of successes,” according to the Inc. 5000.

This year, Iowa companies that made the list brought in nearly $887 million, added more than 10,800 jobs and saw median growth of 192%, according to the Inc. 5000. Eight of these companies were “awarded”.

Ready Wireless, a Cedar Rapids-based IT services company, ranked 282nd, making it the fastest growing company in Iowa in 2022.

About a dozen companies on the list, which feature businesses in the finance, software, and constriction industries, are based in the Des Moines area this year. Others, like Humach – a customer service company offering call center outsourcing – and Dutch Country Living – a rural general store – are located in Dubuque and Bloomfield, respectively.

Several of the companies have also claimed spots on the Inc. 5000’s Regionals 2022: Midwest list, which includes 144 “economic all-star” companies from 14 Midwestern states.

Here are the 12 Des Moines-area businesses that made the rankings in 2022:

LenderClose

Rank: 564

Growth: 1117%

Industry: Financial services

Town: West Des Moines

LenderClose, founded by Omar Jordan in 2015, is a fintech company that allows users to navigate real estate and home loan transactions using an app. This is the company’s first appearance on the Inc. 5000.

Zenith Design + Construction

Rank: 857

Growth: 740%

Industry: Construction

Town: Clive

Founded in 2018 by Nicholas Donlin, Zenith Design + Build is a Clive-based home improvement company. The company provides services ranging from “complete kitchen renovations to exterior makeovers,” according to the company’s website. This is the company’s first appearance on the Inc. 5000.

VizyPay

Rank: 918

Growth: 695%

Industry: Financial services

Town: Waukee

This is the second year that VizyPay has made the Inc. 5000 list, ranking 45th in 2021. This year, VizyPay, a payment processing company for small and medium business owners, ranked 26th in the Inc. 5000’s Midwest Regionals list. . The Waukee-based company was founded in 2017 by Austin Mac Nab and has accounts in several states, including Illinois, Missouri and Nebraska.

Two-tone creation

Rank: 962

Growth: 673%

Industry: Advertising and Marketing

Town: West Des Moines

TwoTone Creative began designing Christmas cards for its customers in 2014, according to the company’s website. Today, the creative firm works with clients to help them with marketing, graphic design, websites, copywriting, branding and social media. The West Des Moines-based agency, run by Jenny Cross, also ranked 25th on the Inc. 5000’s Midwest Regionals this year.

Pet Parents

Rank: 1,860

Growth: 328%

Industry: consumer products

Town: Ankeny

Pet Parents company based in Ankeny.

This isn’t the first time Pet Parents has been in the Inc. spotlight. 500. The pet products and services company landed 378 in 2020 and 1,001 in 2021. It also claimed Regionals: Midwest spots 53 and 57 for 2021 and this year, respectively. Inspired by his childhood dog, Blake Anderson founded Pet Parents in 2016. The company sells diapers, blankets, pads and other pet accessories.

Lashier graphics and signs

Rank: 2,688

Growth: 210%

Industry: Advertising and Marketing

Town: Grimes

Founded in 2016, Lashier Graphics & Signs is a Grimes-based graphic display and custom signage company. Bob Lashier, who is president and co-owner, said on the company’s website, “Our purpose in being here is really to help bring people’s big ideas to life, to get massive exposure for your brands so that your customers get the…idea of ​​what you’re trying to promote.” This is the company’s first appearance on the Inc. 5000.

Itasca Retail

Rank: 3,013

Growth: 179%

Industry: Software

Town: West Des Moines

Itasca Retail provides inventory management software solutions to supermarkets and other retailers, enabling them to become more efficient, according to the company’s website. Itasca was founded in 1998 and is led by Jeffrey Kennedy. Its clients include Kroger, PriceChopper and Wegmans. This is the third year in a row and fourth time overall that Itasca has made the Inc. 5000 list.

Schaal Plumbing, Heating & Air Conditioning

Rank: 3,065

Growth: 176%

Industry: Construction

Town: Johnston

Joe Anderson and Jared Linderman adjust HVAC and furnace electrical components during a regular training session at Schaal Plumbing, Heating and Cooling.

Schaal Plumbing, Heating & Cooling is no stranger to the Inc. 5000 list, ranked annually since 2017. The home services and replacement company specializes in plumbing, heating, air conditioning, water quality indoor air, water heaters and commercial HVAC, according to Inc. 5,000. The company, owned by Randy Keys, serves customers in Des Moines, Iowa City and Cedar Rapids, according to the company’s website.

Company of Peoples

Rank: 3,912

Growth: 126%

Industry: Agriculture and natural resources

Town: Clive

Peoples Company, a Clive farmland brokerage, appraisal and management business.

The Peoples Company is a land transaction, asset appraisal and land management firm that negotiates large land transactions in the United States, according to Inc. 5000. Based in Clive, the company was founded in 1972 and is run by Steve Bruere. This is the fourth time the company has made the Inc. 5000. It landed at 4,335 in 2017; 3,836 in 2019; and 4,163 in 2021.

Express Logistics

Rank: 4,696

Growth: 91%

Industry: Logistics and transport

Town: Urbandale

Express Logistics employees volunteer at Meals From the Heartland

Express Logistics is a third-party logistics provider specializing in freight, less than truckload (LTL), truckload and intermodal freight services. Chad and Emily Rubner founded the company in 2003. The Urbandale-based company, with a second office in Kansas City, Missouri, made the Inc. 5000 list five times: in 2015, 2016, 2019, 2020 and 2021. The last year, it ranked 3,377.

dwola

Rank: 4,813

Growth: 86%

Industry: Financial services

Town: monks

Dwolla CEO Ben Milne.  Des Moines-based mobile payment company Dwolla has managed to charge 25 cents for every transaction over $10 it processes.

Founded in 2008 as a “digital wallet solution”, Dwolla has grown into a fintech company that helps businesses schedule payments simply and securely, enabling the company to integrate digital payment capabilities into its platform, according to the company’s website. Dwolla, co-founded by Ben Milne, is led by CEO Brady Harris and appeared on the Inc. 5,000 to 2,990 in 2021.

JT Logistics

Rank: 4,926

Growth: 82%

Industry: Logistics & Transportation

Town: monks

JT Logistics was ranked 3,876 on the 2021 Inc. list. 5000. Founded by Jamie Cord in 2014, the third-party transportation and supply chain company provides storage and transportation with nearly 3 million square feet of warehousing space at 16 locations across the United States, according to the ‘Inc. 5000.

Sioux Falls Argus Leader reporter Trent Abrego contributed to this story.

Virginia Barreda is a trend and general assignment reporter for the Des Moines Register. She can be contacted at [email protected] Follow her on Twitter at @vbarreda2.

Share.

About Author

Comments are closed.