Seven Lakes Technologies was ranked #968 overall on the Inc. Magazine Inc. 5000 List! For 34 years, Inc. has ranked the fastest-growing private companies in America. This year, Seven Lakes Technologies has been welcomed into the club. The Westlake Village private company has a 459 percent three year growth rate. The average company on the list has an average three-year growth of 490 percent. During this three year period, Seven Lakes Technologies added 51 jobs and recorded a revenue of $14.3 million.
Other companies that have made it on the list are Intuit, Zappos, Under Armour, Microsoft, Jamba Juice, Timberland, Clif Bar, Pandora, Patagonia, Oracle, and other notable alumni. The 2015 list added such powerhouses as Fitbit, Smashburger, Bowlmor AMF, Planet Fitness, Giftcards.com, Radio Flyer, Box and Mindbody.
The Inc. 5000 list started in 1982 and over the years has become the hallmark of entrepreneurial success. In order for companies to qualify for the 2015 list, the companies must have been founded and generating revenue by March 31, 2011. They had to be U.S.-based, privately held, for profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2014. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2011 is $100,000; the minimum for 2014 is $2 million.
This is a great accomplishment for Seven Lakes Technologies and is testimony to the team’s creativity, resilience, and tenacity.