SAN FRANCISCO, Aug. 21, 2017 /PRNewswire/ -- Inc. magazine has ranked Touch of Modern, the leading ecommerce app to discover cutting edge products for men, 565th on its 36th annual Inc. 5000, the most prestigious ranking of the nation's fastest-growing private companies.
With a combined three-year sales growth of 794% percent and reported 2016 revenue of $118.8 Million, Touch of Modern came in at #23 of San Francisco-based companies on the list and ranked 2nd overall in the "Consumer Products and Services" category.
This is the second consecutive year Touch of Modern has made the Inc. 5000 list, which represents a unique look at the most successful companies within the American economy's most dynamic segment— its independent small businesses. (For a look at the full list, visit https://www.inc.com/inc5000/list/2017).
"We are honored to have made the Inc. 5000 list for the second year in a row, as sustainable growth as been a priority for us as a company from day one, and we have several initiatives in the works designed to continue growing our customer base and revenue," said Jerry Hum, Co-Founder and Chief Executive Officer of Touch of Modern. "The good news is that now as one of the most capital-efficient, next generation ecommerce leaders in the retail sector, Touch of Modern is also now on a fast path to profitability in the short-term."
About Touch of Modern
Touch of Modern is the leading ecommerce app to discover cutting edge products for men. Catering to male millennial tastemakers, Touch of Modern focuses on offering unique and new-to-market products not easily found at traditional retailers, with more than 250+ new items added daily. Touch of Modern was named one of the 500 fastest growing private companies in America by Inc. 5000, and its founders were awarded the "Forbes 30 Under 30" in 2016. Founded in 2012 and headquartered in San Francisco, the company has over 14 million users. For more information, visit www.touchofmodern.com.
SOURCE Touch of Modern