Gooten Recognized as one of New York City Metro Region's Fastest-Growing Private Companies by Inc. Magazine
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Companies on the 2021 Inc. 5000 Regionals: NYC Metro list had an average growth rate of more than 200 percent
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NEW YORK, March 16, 2021 /PRNewswire/ -- Inc. magazine today revealed that Gooten is No. 51 on its second annual Inc. 5000 Regionals: New York City Metro list, the most prestigious ranking of the fastest-growing New York City area-based private companies. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the NYC area economy's most dynamic segment—its independent small businesses.
"As a New York-based business, we are honored to be recognized in company with so many other phenomenal organizations," said Gooten CEO Brian Rainey. "Our growth is driven by the support and trust of our merchant partners, and fueled by the responsiveness of our resilient team. We will continue to challenge ourselves in order to provide the most innovative smart supply chain solutions for brands looking to optimize their eCommerce business."
The companies on this list show stunning rates of growth across all industries in the New York City area. Between 2017 and 2019, these 250 private companies had an average growth rate of 214 percent and, in 2019 alone, they employed more than 48,000 people and added nearly $9 billion to the NYC Metro area economy. Companies based in Stamford, Connecticut, New York City, and central New Jersey brought in the highest revenue overall.
Complete results of the Inc. 5000 Regionals: NYC Metro area, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at https://www.inc.com/inc5000/regionals/new-york.
"This list proves the power of companies in the New York City area no matter the industry," says Inc. editor-in-chief Scott Omelianuk. "The impressive revenues and growth rates prove the insight and diligence of CEOs and that these businesses are here to stay."
As a globally distributed on-demand production and logistics company, Gooten is transforming how online stores manufacture and fulfill orders. The company's three-year revenue growth rate of 191.74% landed it near the top 1% of fast-growing regional companies honored by Inc. Gooten's print-on-demand platform enables high-growth eCommerce stores to manufacture a wide range of quality products without holding inventory, and its ability to dynamically route orders ensures items will be delivered to customers on time. Gooten's growth has allowed it to expand its global network of vetted manufacturers and logistics partners, as well as build out its management team.
MethodologyThe 2021 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2017 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2017. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2019 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About GootenGooten operates a smart supply chain for brands looking to optimize their eCommerce business with on-demand manufacturing. It combines proprietary technology and operational expertise with a global network of 30+ best-in-class manufacturing partners. This infrastructure allows Gooten to fulfill orders more efficiently, sustainably, and at a competitive rate. Gooten's manufacturing-on-demand model makes it possible for eCommerce brands to sell high-quality products without holding any inventory. Founded in 2015 and already profitable, Gooten is based in New York City. For more information, please visit http://www.gooten.com
About Inc. MediaThe world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
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