We're excited to announce that Aquor Water Systems ranked No. 1535 on the 2023 Inc. 5000 aka Inc's annual list of the fastest-growing private companies in America.
The esteemed ranking presents a data-driven look at the most successful independent, entrepreneurial businesses. Facebook, Chobani, Zappos, Under Armour, Microsoft, and Patagonia, as well as several other popular brands, gained their first national exposure as honorees on the Inc. 5000.
The 2023 Inc. 5000 represents companies that have driven rapid revenue growth while navigating inflationary pressure, rising costs, and hiring hurdles. The average median three-year revenue growth rate among this year's top 500 businesses reached an impressive 2,238 percent, not to mention this year’s Inc. 5000 companies have introduced a whopping 1,187,266 jobs to the economy over the past three years. That's more than the entire population of Montana!
“Running a business has only gotten harder since the end of the pandemic,” states Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”
Visit www.inc.com/inc5000 for a complete list of the 2023 Inc. 5000, including company profiles and an interactive database that can be sorted by industry and location. The top 500 companies are highlighted in the September issue of Inc. magazine, which will be available on newsstands Tuesday, August 23—perhaps Aquor will make it in a couple of years. *Manifesting*
Aquor Water Systems is a Seattle-based company that manufactures modern outdoor faucets for homes, yards, boats, adventure vehicles, and more. Aquor’s sleek, flush-mount hydrants provide easy water access wherever you need it.
The aesthetically pleasing hydrants are composed of high-quality, durable materials that are built to last. According to the EPA, a faucet dripping once per second can waste more than 3,000 gallons of water annually. Aquor’s marine-grade stainless steel hydrant is the first leak-proof outdoor faucet as well as the first modernized hose bib introduced into the home building market. Aquor eliminates concerns about freezing pipes near outdoor water access points. As soon as the hydrant is disconnected, the outlet automatically seals, drains, and winterizes.
Companies are ranked according to percentage revenue growth from 2019 to 2022. Aquor grew 374%! To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be based in the U.S., privately held, for-profit, and independent—not subsidiaries or divisions of other companies. (Some of the companies may have gone public or been acquired since December 31, 2022.) The minimum revenue required for 2019 is $100,000, and the minimum for 2022 is $2 million. Growth rates used to determine company rankings were calculated to four decimal places. Inc. reserves the right to decline applicants for subjective reasons.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of its community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. The Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more info, visit www.inc.com.