Inc. Magazine Names Gearfire To The 2021 Inc. 5000

Gearfire is among America's fastest-growing private companies.

Scottsdale, AZ, August 24,2021Inc. magazine revealed that Gearfire, the firearms, outdoor sports, and sportfishing industry’s leader in eCommerce, Point of Sale, and Merchant Services, is No. 1,998 on its annual Inc. 5000 list, 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 businesses.

“Being named in Inc 5000 validates the tireless efforts of our extraordinary Gearfire employees,” says JW Shultz, CEO of Gearfire. “Every day this amazing team drives Gearfire to new heights and I could not be more proud of our results. As a reader of Inc since my 20s, I’m well aware of the honor it is to be part of Inc. 5000 and look forward to the challenge of breaking into Inc 500 in the future.”

“It’s an honor to be acknowledged by Inc. 5000 for the innovation and entrepreneurial achievements that Gearfire has accomplished over the years,” said Chad Seaverns, COO of Gearfire. “We are immensely proud of our employees and likewise eternally thankful for our valued customers that we serve, as they are the reasons for success.”

The 2021 Inc. 5000, unveiled in the August issue proves to be one of the most prosperous in the list’s history despite the unprecedented challenges of 2020. Impressively, there was a median growth of 167%, a collective revenue of $248 billion, and an aggregated number of jobs added at 2,563,592. And of those companies who made the list, 529 were newly founded.

Gearfire is proud to have exceeded the list’s median growth with a notable increase of 222%, solidifying its prominent position on the list, as well as within its industry. 

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.

About Gearfire

Since 2012, Gearfire has played a pivotal role in transforming the way over 2,000 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 work force, Gearfire maintains its focus on technological innovation that ignites customer growth. For more information, visit gogearfire.com.

MEDIA CONTACT:
Dominic Romito, VP Marketing
dromito@gearfire.com

More about Inc. and the Inc. 5000

About Inc. Media

As the world’s most trusted business-media brand with an award-winning platform that reaches more than 50 million people across the most popular media channels, Inc. is exclusively dedicated to offering owners and managers of growing private companies the knowledge, tools, and community needed to drive innovation and success.

Its famed Inc. 5000 list, established in 1982, analyzes company data to determine the fastest-growing privately held businesses in the United States, making it the hallmark of entrepreneurial success. For more information, visit www.inc.com.

Methodology

The 2021 Inc. 5000 is ranked according to percentage revenue growth when comparing 2017 and 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be privately-owned, based in the United States, and independently operated. There must be minimum revenue generated of $100,000 for 2017 and a minimum of $2 million in 2020.Additionally, revenue in 2020 must exceed what was generated in 2017. As always, Inc. reserves the right to deny applicants for subjective reasons. However, those businesses fortunate enough to be accepted will be represented as the as the top tier of the Inc. 5000.

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