We are thrilled to announce that for the second year in a row Merchology has qualified for the Inc. 5000 List of America’s Fastest Growing Companies! After cracking the top 300 last year, Merchology checks in at #616 for 2019, with 712% revenue growth in the last 3 years. With over 6 million privately held companies in the United States, that means Merchology is in the 99.9th percentile for revenue growth. Only one in four companies that qualify for the Inc. 5000 list make it a second time, so we are especially excited for this repeat performance.
Merchology’s 2018 revenue of $36.5 million was the highest revenue of all Minnesota companies on the Inc 5000. This honor comes on the heels of earning the top ranking in the Fast 50, the Minneapolis/ St. Paul Business Journal’s ranking of the fastest growing companies in the Twin Cities metro area.
As you can expect, growth this rapid comes with tons of changes. Since 2015, we’ve grown from a team of just 11 people to a family of over 125! That of course meant finding bigger office space to fit our whole #MerchFam. In 2018 we moved into our current headquarters in Minnetonka, Minnesota and this year we opened the doors to our second location in Reno, Nevada!
Moving forward, we hope to grow even more by continuing to innovate within our industry and by offering our customers the highest quality custom logo apparel and gifts from the world’s leading brands. In the meantime, we’ll take this opportunity to celebrate our successes!