SAN DIEGO, Aug. 19, 2021 /PRNewswire/ --Intelligent Blends, a San Diego-based manufacturer of single-serve and bagged coffees, teas, functionals, and other beverages, proudly announces its place on Inc. Magazine's list of America's Fastest-Growing Private Companies for the second year in a row. With a placement of 3020 on the annual Inc. 5000 list, it humbly celebrates its spot on the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy's most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
Intelligent Blends Headquarters, San Diego, CA (PRNewsfoto/Intelligent Blends)
"Little did we know, when we addressed the consumer interest in K-cups and the single-serve beverage market back in 2013, that Intelligent Blends would find ourselves here. We're honored and grateful for the opportunity to be included in the Inc. 5000 2021 list, as an acknowledgement of our commitment to high-quality products, ethical business practices and sustainable manufacturing, I share this proud moment with our amazing co-pack customers, our hospitality partners and the innovative team that continues to propel the success of Intelligent Blends forward." - Michael Ishayik, CEO
Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year's list also proved especially resilient and flexible given 2020's unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 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 top 500 companies are featured in the September issue of Inc., which will be available on newsstands on August 20.
"The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled," says Scott Omelianuk, editor-in-chief of Inc. "Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we've lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people."
As Intelligent Blends moves into another year of growth and innovation, customers can expect to see the release of several new products, a continued commitment to fair-trade, sustainable practices and thoughtful growth that reflects their passion for creating high-quality coffees, teas and beverages the right way.
About Intelligent Blends Intelligent Blends is a privately held, sustainable manufacturer of single-serve and bagged beverages, including coffees and teas, based in Southern California. The company offers co-packing and hospitality solutions for partners worldwide, while boasting several in-house brands that are distributed through select e-commerce and retail sites. With a commitment to creating high-quality, sustainable options for customers and partners, Intelligent Blends offers unmatchable services and products that are easy and cost-effective, while never losing sight of the infinite possibilities that come from flexibility, innovation and a passion for what you do.
More about Inc. and the Inc. 5000
Methodology Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places. There was one tie on this year's Inc. 5000. 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 The 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 web sites, 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 Vision 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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