VERO BEACH, FLA. (PRWEB) SEPTEMBER 01, 2022
Inc. revealed that Indrio Brands was named to its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list highlights the most successful companies within the economy’s most dynamic segment — independent businesses. In addition, Chobani, Under Armour, Patagonia, and many other consumer brands gained their first national exposure as honorees on the Inc. 5000.
“Our 92% growth over the last 36 months illustrates that we have an operating platform that works for consumer brands. But it didn’t come easily—we spent years strengthening the foundation of our business and planning for this,” said Indrio Brands President & CEO Alex Brown.
The companies on the 2022 Inc. 5000 have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Complete results of the Inc. 5000, including company profiles and an interactive database sorted by industry, region, and other criteria, can be found at http://www.inc.com/inc5000.
“The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated,” says Scott Omelianuk, editor-in-chief of Inc.
While Indrio Brands started in 2006 in the DTC food gifting vertical, today, it builds and buys specialty brands across multiple industries, then operates them on a proprietary multi-channel platform that includes e-commerce, catalog, and retail strategies. It is preparing to launch its most nascent brand this Holiday 2023, while its oldest brands turn 75 and 96 years, respectively.
Mr. Brown added, “Our expertise in order management, logistics, and specialty branding has yielded more than 25 million consumer shipments. But our recent growth can be attributed to an open and flexible approach to attracting the right partners. When we buy or partner in a business, our approach as a family-held company is to preserve the legacies of those brands and operate them over the long term. We’re very optimistic about what’s next.”
About Indrio Brands
Indrio Brands’ mission is to connect consumers with one another and the outdoor world through superior product experiences. With six locations in Florida and Texas, Indrio Brands ships millions of packages directly to consumers’ homes every year.
Its portfolio of brands includes Hale Groves, Pittman & Davis, Citrus.com, Sun Harvest Citrus, Florida Indian River Groves, Soil & Clay, and Hoo-rag. To learn more, visit https://indrio.com/brands/.
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Inc. 5000 Methodology
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generated revenue by March 31, 2018. In addition, they must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 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. The top 500 companies on the Inc. 5000 are featured in Inc. magazine’s September issue. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.
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 over 50 million people each month across various 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 allows the founders of the best companies 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 & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit http://www.inc.com.
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