Milan Laser Ranks No. 1125 on the 2023 Inc. 5000 List of America's Fastest-Growing Private Companies

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Aug 15, 2023, 10:00 ET

NEW YORK, Aug. 15, 2023 /PRNewswire/ -- Inc. revealed today that Milan Laser ranks No. 1125 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy's most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.

Colleen Papek. President and Shikhar Saxena, CEO

"We are honored to receive this recognition," said Dr. Shikhar Saxena, co-founder and CEO of Milan Laser. "Our growth is a testament to our mission to be the top provider of laser hair removal. We are also grateful to our nearly 1900 employees for the work they do every day and for the trust our clients have placed in us."

The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year's top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this year's Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.

For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, available on newsstands beginning Tuesday, August 23.

"Running a business has only gotten harder since the end of the pandemic," says Inc. editor-in-chief Scott Omelianuk. "To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future."

Milan Laser was founded in 2012 by two physicians and has always been a medically-focused company, which sets it apart from others in the industry. Milan's team of medical experts utilizes ongoing medical research to continuously refine its proprietary treatment protocol to ensure the Company offers the safest, most effective treatments available for all skin tones. Additionally, all treatments are performed by highly-trained medical professionals who are overseen by medical doctors.

To learn more about Milan Laser, please visit www.milanlaser.com.

The entire Inc. 5000 list can be found at www.inc.com/inc5000.

About Milan Laser Hair Removal

Founded in 2012 by two board-certified medical doctors in Omaha, Nebraska, Milan Laser Hair Removal is the nation's largest laser hair removal provider. Milan Laser is a premier employer with 300 locations in 31 states and 1,800+ employees nationally. Laser hair removal is all Milan Laser does, performing more than 50,000 treatments each month. Milan Laser provides life-long results for all genders and skin tones in a safe, judgment-free environment, and highly trained medical professionals perform all treatments. For more information, visit www.milanlaser.com.

Methodology

Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 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 four decimal places.

About Inc.

Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.'s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.

CONTACT:
Bettia Williamson
Sr. Brand Strategist
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Phone: (914) 309-1808

SOURCE Milan Laser