How can one tell whether a business is on a sure, one-way road to success? Though predicting how a company will fare out in the long run is somewhat tricky, there are a few indicators we can assess in order to determine whether a business has a long-term sustainability or not.
Today, we would like to present you with a list we have compiled of the 20 most promising companies in America, based on the analysis published by Forbes Magazine in early January 2014. The experts at Forbes took several indicators into account, such as sales and personnel growth, management team, quality of investors, key partnerships, and market size. While these indicators can offer a rather accurate view of how each company is performing, predicting whether the following businesses will be the major corporations of tomorrow is somewhat of a gamble. Nonetheless, we feel confident that the following companies will be worth watching in 2014.
Curious to see which 2014’s most promising companies are? Let’s take a look at the countdown.
Note: the countdown takes into account only privately-held companies, with revenues under $250 million, operating within US territory.
No. 20: Yext (New York)
Industry: IT software and services
Revenue: $34 million
No. of employees: 250
No. 19: Craftsy (Colorado)
Industry: Consumer durables
Revenue: $23 million
No. of employees: 172
No. 18: Collective Bias (Arkansas)
Industry: Business services and supplies
Revenue: $16 million
No. of employees: 87
No. 17: iCracked (California)
Industry: Consumer durables
Revenue: $10 million
No. of employees: 39
No. 16: Menchie’s Frozen Yogurt (California)
Industry: Hotels, restaurants, and leisure
Revenue: $188 million
No. of employees: 98
No. 15: Thrillist (New York)
Industry: Media
Revenue: $83 million
No. of employees: 268
No. 14: CardCash.com (New Jersey)
Industry: Retailing
Revenue: $56 million
No. of employees: 55
No. 13: iSend (Connecticut)
Industry: IT software and services
Revenue: $159 million
No. of employees: 15
No. 12: Tapad (New York)
Industry: IT software and services
Revenue: $23 million
No. of employees: 82
No. 11: OnDeck (New York)
Industry: Diversified financials
Revenue: $65 million
No. of employees: 240
No. 10: HireVue (Utah)
Industry: IT software and services
Revenue: $9 million
No. of employees: 149
No. 9: Yodle (New York)
Industry: IT software and services
Revenue: $163 million
No. of employees: 1,157
No. 8: AnchorFree (California)
Industry: IT software and services
Revenue: $35 million
No. of employees: 70
No. 7: uTest (Massachusetts)
Industry: IT software and services
Revenue: $24 million
No. of employees: 125
No. 6: Smashburger (Colorado)
Industry: Hotels, restaurants and leisure
Revenue: $228 million
No. of employees: 2,535
No. 5: Lending Club (California)
Industry: Diversified financials
Revenue: $98 million
No. of employees: 379
No. 4: Evolent Health (Virginia)
Industry: Healthcare equipment
Revenue: $40 million
No. of employees: 479
No. 3: Suja Juice (California)
Industry: Consumer durables
Revenue: $18 million
No. of employees: 110
No. 2: Airpush (California)
Industry: Media
Revenue: $98 million
No. of employees: 200
No. 1: Fuhu (California)
Industry: Consumer durables
Revenue: $175 million
No. of employees: 342
