Three-Year Revenue Growth of 125 Percent
Foxborough, Massachusetts, August 13, 2024 – The 2024 Inc. 5000 list has been revealed! Stellix is proud to announce that we are No. 3733 on this prestigious list which ranks the nation’s fastest-growing private companies. This accolade highlights the most dynamic segment of the economy—independent and innovative businesses. Everyday brands like Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, and Patagonia have previously gained national recognition as Inc. 5000 honorees.
Stellix is an employee-owned group of businesses operating under a single holding company. Together, the companies serve customers in life sciences, energy, and industrial manufacturing to drive innovation, scaling, and speed to market. This is the second consecutive year the group of companies was honored with an Inc. 5000 designation. The Stellix family includes NECI, KYNOTA, ZAETHER, and Stellix Global Services.
Jenn Azar, CEO of Stellix, stated, “It's an honor to make the Inc. 5000 list again. This designation is a testament to the dedication of our incredible team, who worked so hard to support our company's growth over the last several years. We are excited to join our colleagues in life sciences, energy, and engineering who are also on this year's Inc. 5000 list. Together, we are forging new paths through innovation and creating meaningful change in our industries and our communities.”
The 2024 Inc. 5000 cohort represents companies that have not only achieved remarkable revenue growth but have also navigated challenges such as inflation, rising capital costs, and complex hiring landscapes. Collectively, the companies on this year’s Inc. 5000 have created 874,458 new jobs over the past three years.
Mike Hofman, Inc.'s newly appointed editor-in-chief, remarked, “One of the greatest joys of my job is going through the Inc. 5000 list. To see all 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.”
CONTACT:
For more information about Stellix, please contact [email protected].
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.
Stellix is an employee-owned group of businesses operating under a single holding company. Together, the companies serve customers in life sciences, energy, and industrial manufacturing to drive innovation, scaling, and speed to market. This is the second consecutive year the group of companies was honored with an Inc. 5000 designation. The Stellix family includes NECI, KYNOTA, ZAETHER, and Stellix Global Services.
Jenn Azar, CEO of Stellix, stated, “It's an honor to make the Inc. 5000 list again. This designation is a testament to the dedication of our incredible team, who worked so hard to support our company's growth over the last several years. We are excited to join our colleagues in life sciences, energy, and engineering who are also on this year's Inc. 5000 list. Together, we are forging new paths through innovation and creating meaningful change in our industries and our communities.”
The 2024 Inc. 5000 cohort represents companies that have not only achieved remarkable revenue growth but have also navigated challenges such as inflation, rising capital costs, and complex hiring landscapes. Collectively, the companies on this year’s Inc. 5000 have created 874,458 new jobs over the past three years.
Mike Hofman, Inc.'s newly appointed editor-in-chief, remarked, “One of the greatest joys of my job is going through the Inc. 5000 list. To see all 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.”
CONTACT:
For more information about Stellix, please contact [email protected].
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.