Local Companies Make Inc. Magazine Fastest Growing - NBC 7 San Diego
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Local Companies Make Inc. Magazine Fastest Growing



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    A total of 113 companies based in San Diego County made the 2014 Inc. Magazine’s 5000 Fastest Growing Companies list.

    The annual ranking is based on a firm’s three years growth rate.

    In terms of the fastest growing, Multifamily Utility, a San Diego billing company, was the best among the local businesses, with a three-year growth rate of 5,196 percent ranking it at No. 57.

    The next fastest growing businesses in the county were PhotoBin at No. 60; Paradigm Mechanical at No. 168; and Pathway Genomics at No. 173.

    The largest local company on the list by annual revenue was San Diego-based American Specialty Health, a health care insurance provider that did $239 million in sales in 2013 for a three-year growth rate of 54 percent. That ranked it No. 3,015 on the list.

    California had the largest number of companies on the Inc. 5000 list with nearly 700, including No. 1, Fuhu, a maker of tablets geared to children based in El Segundo, which grew by more than 42,000 percent.

    The Business Journal is the premier business publication in San Diego. Every day online and each Monday in print, the Business Journal reports on how local business operate and why businesses leaders make the decisions they do. Every story is a dose of insight into how to run a better, more efficient, more profitable business.