woom Makes the Inc. 5000 List of America’s Fastest-Growing Private Companies
woom bikes USA Makes the Inc. 5000 List of America’s Fastest-Growing Private Companies
woom bikes USA has earned a spot on the 2019 Inc. 5000 list, a prestigious ranking of the fastest-growing private companies in the U.S. Ranked No. 259 overall, woom bikes USA was 7th among top Austin companies and 20th in Texas.
“woom’s success as a company is the result of great teamwork and the skills and passion of our employees,” says Mathias Ihlenfeld, woom bikes USA's CEO and owner. “We’re very pleased to be among the 2019 honorees of the Inc. 5000 list. woom’s goal to inspire kids to live healthy, active lives and for them to enjoy riding their bikes is being met beyond any scale we had originally envisioned, and we look forward to continuing to grow and continuing to offer the best kids bike on the market.”
Mathias Ihlenfeld, CEO of woom bikes USA
Companies on the Inc. 5000 list are ranked according to percentage revenue growth between 2015 and 2018. woom bikes USA recorded a three-year growth of 1,666 percent and a revenue of $7.2 million in 2018.
A family-owned and operated company, woom was founded in Vienna, Austria, with the mission to create the ideal kids bike. woom bikes USA began operating at its current headquarters in Austin, Texas, in 2014 to bring the same unparalleled European design and love of riding to families across North America. Lightweight, high-quality, and built with meticulous attention to detail for children of all ages, woom bikes make riding easy to learn and easy to enjoy. In addition to the quality of woom bikes’ design and materials, woom stands out among other bike manufacturers for its uniquely successful direct-to-consumer business model.
Inc. magazine began publishing the annual Inc. 5000 list in 1982. To be eligible, businesses must be independent and privately held, with an annual revenue of at least $2 million in 2018. In past years, the Inc. 5000 has honored such well-known names as Microsoft, Timberland, Vizio, Intuit, Chobani, Oracle, and Patagonia.
Companies among this year’s top 500 will be featured in Inc. Magazine’s September issue and can also be found at www.inc.com/inc5000.
For more information, visit us at us.woombikes.com or call 855-966-6872.