The Inc.500 is an annual ranking of the 500 America’s Fastest-Growing Private Companies, organized and published by Inc. magazine, a monthly publication magazine based in New York City which focused on growing companies issues.
The 2011 Inc.500 is the 30th publication of Inc.500 annual list. You may find the complete report from the September 2011 issue of Inc.magazine.
The Inc.500 list was conducted in accordance to the percentage of revenue growth of U.S based private companies over a four year period. To qualify, companies must have been founded and generating revenues by the first week of the starting calendar year, and therefore able to show four full calendar years of sales. Additionally, they had to be U.S. based, privately held, and independent – no subsidiaries or divisions of other companies – as of December 31 of the last year measured. Revenue in the initial year must have been at least $200,000, and revenue in the most recent year must have been at least $2 million.
The 2011 #1 of the list, ideeli (www.ideeli.com) is a New York based private company. Launched in June 2007, ideeli is now one of the fastest-growing retailers in the U.S. With over 4 million members and more than 1,000 brand partners, ideeli has pioneered a new and exciting way to shop.
Ideeli sells apparel, accessories, housewares, and travel, a mix similar to that of its best-known independent competitor, Gilt Groupe.
Check out the statistics of ideeli as published in the 2011 Inc.500 :
- 3-Year Growth : 40,882%
- Revenue (million) : $77.7 million (2010); 2007 Revenue was $189,510
- Industry : Retail
- # of Employee : 145
- Founded in 2006
Follow this link to find the full list of The 2011 Inc.500.
Read also my older post for the last year 2010 Inc.500 : “The 2010 Inc. 500/500”, the list of 5.000 fastest growing private companies in America
