Loot Crate Named No. 1 Fastest Growing Company in the U.S. by Inc. Magazine
Fan-Based Commerce and Community Platform Grabs Top Spot on 2016 Inc. 5000 List, With Three-Year Sales Growth of 66,789%
NEW YORK, Aug. 17, 2016 /PRNewswire/ -- Inc. magazine today ranked Loot Crate No. 1 on its 35th annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America's independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, Domino's Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 5000.
"Loot Crate is incredibly honored to rank No. 1 on the prestigious Inc. 500 list as the fastest-growing company in America. This recognition would not be possible today without the passion and vision of our employees, the trust from our amazing partners, and our customers, who have provided the same level of loyalty and fandom as the very brands they follow in our crates," said Chris Davis, CEO, Loot Crate. "We believe this is only the beginning for Loot Crate, with limitless opportunities for us to further our growth and drive real impact with fan communities across all genres and geographies."
The 2016 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 17) is the most competitive crop in the list's history. The average company on the list achieved a mind-boggling three-year growth of 490%. The Inc. 5000's aggregate revenue is $200 billion, generating 640,000 jobs over the past three years. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
"The Inc. 5000 list is different where it really counts," says Inc. President and Editor-In-Chief Eric Schurenberg. "It honors real achievement by a founder or a team of them. No one makes the Inc. 5000 without building something great – usually from scratch. That's one of the hardest things to do in business, as every company founder knows. But without it, free enterprise fails."
The annual Inc. 5000 event honoring all the companies on the list will be held from October 18 through 20, 2016 in San Antonio, TX. Speakers include some of the greatest entrepreneurs of this and past generations, such as best-selling author and strategist Tony Robbins, SoulCycle co-founders Elizabeth Cutler and Julie Rice, Cornerstone OnDemand founder, president and CEO Adam Miller, Marvell Technology Group director and co-founder Weili Dai, and New Belgium Brewing co-founder and executive chair Kim Jordan.
Loot Crate is the leading fan-based commerce and community platform with over 650,000 recurring monthly subscribers worldwide. Loot Crate offers its consumers, affectionately known as "Looters," themed mystery boxes each month tailored around leading entertainment and pop culture franchises. Each box offers 4-7 uniquely curated products (the majority of which are Loot Crate-exclusive items) and content that range from collectible figurines to comic books and apparel. Crates feature items that will never be available again—all at a great value. For more information and to sign up for a Loot Crate subscription, please visit www.lootcrate.com.
CONTACT:
MWWPR
Chris Prouty
415.987.5491
[email protected]
More about Inc. and the Inc. 500|5000
Methodology
The 2016 Inc. 5000 is ranked according to percentage revenue growth when comparing 2012 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2012. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2015. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2012 is $100,000; the minimum for 2015 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media:
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 13,000,000 today. For more information, visit www.inc.com.
The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://www.inc.com/.
For more information contact:
Inc. Media
Drew Kerr
212-849-8250
[email protected]
SOURCE Loot Crate
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article