Fastest Growing Tech Startups

Fastest Growing Tech Startups

Fastest Growing Tech Startups

In this age of technology, tech startups are a dime a dozen. Of course, most startups never really get past the startup stage. There are others that do go on to become successful businesses, but only a few make it really big. With technology being such a popular and fast-growing industry more startups come from the tech industry than any other. So which tech startups have seen the best results over the last several months and which ones are already well on their way to becoming a huge success?

Grubhub
This company has experienced average sales growth of 52 percent over the last three years. Grubhub delivers food from 50,000 restaurants in more than 500 cities. As home shopping continues to increase in popularity, Grubhub will likely continue to see positive results.

Arista Networks
Arista Networks makes networking equipment for large data centers and the company is really gaining momentum. Arista is already making a big impression in the 100-gigabit network switch market and competitors are feeling its pull. The company has reached a 30 percent share of the market as it continues to take market share from big names like Cisco. It has seen average sales growth of 46 percent over the last three years.

Paycom Software
As more companies turn to outsourcing options for payroll and HR, this market continues to grow. Paycom is taking advantage of the trend by offering software for both HR and payroll needs. Like Arista Networks, they have experienced a 46 percent growth average for three the last years.

Ellie Mae
Mortgage software company Ellie Mae has seen a 43 percent growth average with its software that automates the mortgage process for smaller lenders in the U.S. The company has found much success in compiling income history, titles, appraisals, and other items, since independent mortgage and home lending companies have increased.

Stamps.com
While most people make fun of snail mail, the fact is the mailing industry is still viable and necessary. To that end, Stamps.com has found success by offering internet-based shipping and mailing services. With a three-year average growth of 42 percent, it appears customers still appreciate this service.

Veeva Systems
The “cloud” is now part of just about every industry. Storing information and data files in a virtual network is now the norm for the majority of companies, both large and small. Veeva Systems has focused its cloud software on the Life Sciences industry and has enjoyed average sales growth of 37 percent.

Gigamon
For companies that need solutions for network visibility management Gigamon has been very successful over the last three years. The company has experienced 31 percent average sales growth.

 

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Alan Olsen, CPA

Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com.  GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.

Alan L. Olsen, CPA, Wikipedia Bio

 

 

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The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.

Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.

The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.

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