NEW YORK – Inc. magazine ranked Envirofit International NO. 2032 on its 36th annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment – its independent small and midsized businesses. Companies such as Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow and many other well-known names gained their first national exposure as honorees of the Inc. 5000.
“As a social enterprise serving people living in energy poverty, our inclusion on the Inc. 5000 is proof that a market based approach can be successful in the cookstove sector,” said Ron Bills, Envirofit CEO and Chairman of the Board. “Approximately 3 billion people worldwide lack access to modern fuels. Our commitment to serving them with affordable, durable, efficient household goods was unprecedented when we began, but we’re happy to see more services being made available to them thanks in part to the viability of rapidly growing business like Envirofit.”
The 2017 Inc. 5000 is the most competitive crop in the list’s history. The Inc. 5000’s aggregate revenue is $206 billion, and the companies on the list collectively generated 619,500 jobs over the past three years. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
“The Inc. 5000 is the most persuasive evidence I know that the American Dream is still alive,” says Inc. President and Editor-In-Chief Eric Schurenberg. “The founders and CEOs of the Inc. 5000 tell us they think determination, risk taking, and vision were the keys to their success, and I believe them.”
Envirofit was founded in 2003 on the idea that enterprise principles can transform the development of household and commercial energy technologies for people living in extreme energy poverty. Today, Envirofit has grown from a business with one product to a global company serving over five million people, with over a dozen user-designed products. As the world’s leading producer of high-quality clean cookstoves – having sold more than 1.4 million biomass cookstoves since 2007 – the addition of Envirofit SmartGas™, to Envirofit’s lineup of clean energy household goods furthers their mission of making clean energy cooking affordable, accessible, and adoptable.
About Envirofit International
Envirofit International is a social enterprise that innovates smart energy products and services that improve lives on a global scale. Using a market-based approach, Envirofit develops a global product line of wood, charcoal, and LPG clean cookstoves that cook faster while reducing fuel use, smoke, and toxic emissions. Serving more than 5 million people in energy poverty, Envirofit’s smart stoves reduce climate change, create new jobs, and enable families to save money.
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More about Inc. and the Inc. 5000
The 2017 Inc. 5000 is ranked according to percentage revenue growth when comparing 2013 to 2016. To qualify, companies must have been founded and generating revenue by March 31, 2013. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2016. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2013 is $100,000; the minimum for 2016 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media:
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 18,000,000 today. For more information, visit www.inc.com.