The Daily Stack is a daily market insight newsletter by PrivCo, a private market intelligence platform. Read our previous insights.
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We're excited to share our report on the top 50 most resilient, fast-growing companies in a year that has been plagued by many problems and events.
Here are some things that intrigued us about the list:
Even despite the challenges of 2020, the top 50 companies spanned across many industries from financial services, agricultural, digital healthy, marketing, consumer products, delivery, etc.
The list also reflects how the COVID-19 pandemic spurred the growth of companies like Instacart and Omada Health as people spent time under lockdown and had to find alternative ways to get groceries or pay a doctor’s visit.
The top 10 companies are all from California with 7 of them headquartered in San Francisco. They were all companies founded in the 2010s and received over 5+ rounds of funding.
Notable mentions include
Ocrolus, a fintech company that helps automate and modernize the backend of financial services companies;
Chief, a networking company targeting women leaders;
GOAT Group or 1661 Inc., a company that operates a marketplace for buying and selling sneakers and streetwear;
Allbirds, a footwear retail company that focuses on using sustainable materials;
Verkada, a security firm that offers technology-based security systems and
HackerOne, a technology company focused on helping companies better protect consumer data, trust, and loyalty.
These companies all made the list because of substantial employee growth vs. company size, all while the nation was hit with all-time high unemployment rates.
The PrivCo 50 shares a quick overview of the fastest-growing private companies in 2020 and help our customers quickly get more valuable insights. It ranks top-performing businesses between March-October 2020 and takes into consideration all privately-owned companies based on their performance in a number of areas across the business including funding, market valuation, projected revenue, and growth.
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Since last week, PrivCo has added: 1028 Companies | 129 Funding Activities | 212 M&A Deals