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For the 2nd Time, Gearfire Appears on The Inc. 5000 as One of The Fastest-Growing Private Companies in America featured img
Press Release

For the 2nd Time, Gearfire Appears on The Inc. 5000 as One of The Fastest-Growing Private Companies in America

August 18, 2022

Scottsdale,AZ – Inc. has revealed that Gearfire, the leader in end-to-end technology solutions within the firearms, sportfishing, and outdoor sports industries has made its annual Inc. 5000 list for a second straight year. Considered the most prestigious ranking of the fastest-growing private companies in America, this list represents a one-of-a-kind look at the most successful companies within the economy’s most dynamic segment—its independent small businesses.

“At Gearfire, our mission is to ignite growth within the industries we serve by coupling end-to-end technology solutions with customer service that is second to none,” states Chad Seaverns, COO of Gearfire. We’ve made the Inc. 5000 list for a second year running because we care more, innovate more, and do more before 9:00 am than most businesses do all day!”

The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Altogether, the average median revenue growth rate soared to an impressive 230% while the aggregated number of jobs added totaled 1,178,302 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 accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated,” says Scott Omelianuk, editor-in-chief of Inc. “Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today.”

About Gearfire

Since 2012, Gearfire has played a pivotal role in transforming the way thousands of businesses within the firearms, outdoor sports, and sportfishing industries sell online, collect payments, and manage their in-store operations. With a proprietary suite of award-winning technology solutions, a carefully selected leadership team, and dedicated workforce, Gearfire maintains its focus on technological innovation that ignites customer growth.

More about Inc. and the Inc. 5000

Methodology

Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 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.

The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multi platform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.