NEW YORK--(BUSINESS WIRE)--Inc. revealed today that Momentous ranks No. 345 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.
“Momentous has continued to see significant growth as we have made consistent investments into our workforce and product portfolio,” said Momentous Co-Founder and CEO, Jeff Byers. “As we have seen the brand now move into the iconic list of Inc. 500 companies, moving even higher up this prestigious list is a testament to the hard work from the entire organization as we continue on our journey of providing customers with best-in-class products coupled with access to the best knowledge and resources across the wellness industry.”
The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate is 1,637 percent. In all, this year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the new issue of Inc. magazine, available on newsstands beginning Tuesday, August 20.
“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief. “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.”
“We are so proud to be recognized for the second year in a row on Inc.’s prestigious list as one of America’s fastest-growing private companies,” said Erica Good, Momentous Co-Founder and President. “It’s a privilege to be able to showcase our growth and success as a Utah and Rocky Mountain-based business.”
Since merging with nutrition company Amp Human in 2021, Momentous has grown its revenue by over 1,200 percent. Momentous has built a scientific advisory board of the brightest minds across multiple disciplines, including Dr. Andrew Huberman, Dr. Andy Galpin, Dr. Stacy Sims, and Dr. Kelly Starrett. Momentous works with nearly 200 professional and collegiate athletic teams in the United States. To date, Momentous has secured 10 innovation contracts with the Department of Defense focused on human performance, working closely with branches of the armed forces on research and product development to address need states and optimize the wellness and performance of servicemembers. Earlier this year, Momentous announced a strategic growth partnership with Humble Growth, signaling a new chapter for the company, and opened a new West Coast headquarters in Los Angeles that focuses on partnerships and marketing, while the Park City, UT headquarters continues to focus on product development, operations, and innovation.
About Momentous
With headquarters in Park City, Utah, and Los Angeles, California, Momentous is a wellness and nutrition company, with a mission to empower the relentless pursuit of progress in health and performance. Offering the highest quality supplements designed to enhance physical and cognitive well-being alongside the brightest across performance athletics and science, Momentous believes that people at their best will produce a positive impact in their personal lives, communities, and, ultimately, the world. Momentous sources best-in-class ingredients for its formulations and holds its products to the highest possible standards, investing in a rigorous quality control process while receiving Informed Sport and NSF Certifications across its portfolio. Momentous is a trusted partner of over 200 professional and collegiate sports programs in North America, the Department of Defense, and the United States Military, developing new products and solutions to help optimize the human performance of its servicemembers. For more information please visit www.livemomentous.com.
More about Inc. and the Inc. 5000
Methodology
Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 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 four decimal places.
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 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 information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, to be held from October 16 to 18 in Palm Desert, California, please visit http://conference.inc.com/.
