IRVINE, Calif., Dec. 19, 2017 /PRNewswire/ -- For the third year, Entrepreneur magazine has published its highly anticipated Entrepreneur 360™ list, naming the "Best Entrepreneurial Companies in America." Founders of these companies, such as top-ranked Anaplan, Testlio and MJ Freeway, are lauded for growing businesses that expertly balance impact, innovation, growth and leadership.
Honorees were identified based on the results from a comprehensive study of independently-owned companies, using a proprietary algorithm and other advanced analytics. The algorithm was built on a balanced scorecard designed to measure four metrics reflecting major pillars of entrepreneurship—innovation, growth, leadership and impact.
"Our annual evaluation is a 360-degree analysis of top privately-held companies representing and serving a variety of industries," explains Lisa Murray, Chief Insights Officer of Entrepreneur Media, Inc. "Every year we review a new batch of entries that reflect great entrepreneurial strides. The ones that make the list have implemented visionary initiatives impacting their communities for the better, innovative ideas redefining industry standards, leadership practices fostering enviable company cultures, and creative growth strategies launching their brands to new heights."
With businesses from 40 states represented, the total average revenue growth for the companies on the list grew 143% from 2015. Down slightly from last year, employee average growth over 3 years was 49.5%, and the companies showed current VC and traditional lending is stronger than ever, by securing over $1.8B in funding. Collectively, the Entrepreneur 360 is a valuable economic indicator of the country's business vitality, since according to the SBA, entrepreneurial businesses account for 99.7% of all companies with paid employees in the U.S.
To celebrate the accomplishments of these companies, Entrepreneur will spotlight those on the list over the next several weeks that exemplify each of the four pillars. Readers can look forward to learning about what companies such as Yoobi, a school and office supplies company, did to experience commendable growth this past year and how the luxury camping company, Under Canvas, practices exceptional leadership within their organization. They'll also learn lessons on innovation and impact from diverse companies such as furniture/interior design firm Uhuru Design and outdoor advertising firm, Brooklyn Outdoor.
To see the full list online, visit: entm.ag/e360companies.
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