Phoenix Business Journal – The Joint one of 11 Arizona companies to make prestigious Inc. 500 Faste
Published: Aug 20, 2013, 12:28pm MST
By: Hayley Ringle
Reporter- Phoenix Business Journal
Inc. 500 list includes 11 Arizona companies; see them all here
Eleven Arizona companies made this year's Inc. 500 list of the fastest-growing private companies in the U.S., two more than last year's total.
The Arizona companies on the 2013 list come from a wide range of industries, including consumer products and services, health, financial services, manufacturing, energy, software, human resources, IT services, business products and services, and advertising and marketing.
Four companies are from Phoenix, four from Scottsdale, and one each from Tempe, Gilbert and Chandler.
The Joint and GlobalMed were the only companies that also were listed last year, ranked 94 and 95, respectively.
The Joint, a chiropractic clinic based in Scottsdale, is the second highest-ranking company in the state at No. 45. The company grew by 5,962 percent in three years and has $7.4 million in revenue.
"The Inc. 500 list represents the finest in American business," the Joint's CEO, John Leonesio, said in a prepared statement. "In just two short years and with over 400 franchises awarded nationally, the Joint is well on its way to joining the ranks of some of this country's most successful companies."
WebPT, a Phoenix-based software company, made the list for the first time and is the sixth fastest-growing company in the state. The company has grown by 1,837 percent and has $8.9 million in revenue.
WebPT President and Chief Technology Officer Brad Jannenga said making the list is an "incredible honor."
"We were disheartened that we came just shy of receiving the honor last year due to being short just a few thousands dollars in revenue during our first year in business," he said in a statement. "So, it's very exciting and validating to achieve the recognition this year."
Jannenga said he hopes the recognition will not only help his company continue its "amazingly rapid and profitable growth, but brighten the spotlight on the burgeoning tech and entrepreneurial communities here in Arizona."