24.08.2021 15:15:00
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Carewell Ranks No. 74 on the 2021 Inc. 5000, With Three-Year Revenue Growth of 5,162% Percent
NEW YORK, Aug. 24, 2021 /PRNewswire/ -- Inc. magazine today announced that Carewell, the leading e-commerce retailer providing the highest-quality home health products and resources for family caregivers, is No. 74 on its annual Inc. 5000, the most prestigious ranking of the nation's fastest-growing private companies. This ranking comes on the heels of Carewell being named one of Fast Company's "10 Most Innovative Retail Companies of 2021," one of FierceHealthcare's "Fierce 15" of 2021, and the winner of ModernRetail's "Best Customer Service Experience" in 2020.
"With more than 50M family caregivers in the U.S. very few resources exist to help those challenged with providing in-home care for their chronically ill, disabled, or aging loved ones", states Bianca Padilla, Carewell's co-founder and CEO. "We founded Carewell to meet the critical need for curated products, personal service, and the best value for family caregivers who are navigating at-home care decisions for their loved ones."
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."
More about Carewell
Carewell is the leading full-service resource for family caregivers. With more than 50M family caregivers in the U.S. alone, Carewell is well-positioned to serve a large market in need. Our family-founded, woman-led company provides the highest quality home health products, personalized service by phone or email, a simplified shopping experience, and expert content. With $30M in venture funding, and rapid growth in 2020, Carewell's mission is to continue to improve the health and happiness of caregivers and their loved ones. Recent recognition: Modern Retail "Best Customer Service Experience"; #8 Fast Company "Most Innovative Companies in Retail" 2021.
Website: Carewell.com
Customer Care: (855) 855-1666
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 https://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. 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.
For more information on the Inc. 5000 Vision Conference, visit https://conference.inc.com/.
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SOURCE Carewell
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