Does it seem like all of your friends are working in small companies lately? It might not be your imagination—Chicago is second in the nation for the number of fast-growing small businesses.
More than 100 Chicago-based companies made it onto the Inc. 5000 list, an annual ranking of the fastest-growing private companies in the country. The Chicago companies named to the list accounted for nearly 7,500 new jobs created and more than $4 billion in revenue.
Three Chicago companies broke the top 100: ReVamp Electronics at number 50, Signal at 51 and Sprout Social at 78. Other Chicago companies to break the top 500 included Spikeball, Insureon, CarrierDirect, CETA Group and more.
It's not easy for a company to make the list: To get into the top 500, which 10 Chicago businesses did, they needed a minimum of a 900-plus percent sales growth for three years.
For more info on the list or to see all of the small businesses named to the list, see the Inc. 5000 list here.