Fourteen Madison-area companies are among the fastest-growing privately owned businesses in the U.S., including two Epic consultant companies.
The 2017 Inc. 5000 list includes one Madison business that made it to the top 100: ClearView Audit, with logistics software aimed at reducing clients’ costs for shipping their merchandise.
Founded in 2013, ClearView has 37 employees and had $8.4 million in revenue in 2016, a three-year growth rate of 5,779 percent, according to the data provided to the Inc. 5000.
The other Madison-area companies on the list are:
- 184: Farwell, Madison — information technology (IT) consultant
- 569: Bluetree Network, Madison — Epic Systems consultant
- 633: Evoke Brand Strategies, Madison — social media marketing
- 2,240: Chandra Technologies, Madison — IT services
- 2,615: Concero Search Partners, Madison — sales staff recruiter for tech companies
- 2,835: Nordic, Madison — Epic Systems consultant
- 3,106: Synergy Consortium Services, Verona — IT services
- 3,328: Information Technology Professionals, Madison — IT consultant
- 3,831: State Collection Service, Madison — bill collection services
- 4,051: Midwest Prototyping, Blue Mounds —prototype development services
- 4,396: New Glarus Brewing, New Glarus — beer producer
- 4,400: Universal Separators, Verona — products for using industrial fluids
- 4,409: Singlewire Software, Madison — emergency notification systems
Bluetree Network is marking its first year on the Inc. 5000. Founded in 2012, Bluetree has 250 employees, with about 60 of them in Madison, CEO Jeremy Schwach said.
Bluetree had $45.9 million in revenue in 2016, a three-year growth rate of 793 percent.
Schwach said in its early years, Bluetree was a direct competitor to Nordic as consultants from both companies helped health care organizations adapt to their electronic health records installations by industry giant Epic Systems Corp., of Verona. More recently, Bluetree has added services such as support systems, information on regulatory issues and industry consolidation, also using Epic software, he said.
“Our clients are so busy now, with the state of health care,” he said.
Bluetree also has offices in Denver and in New York City, where Schwach is based.
Nordic is one of the largest companies in the U.S. specializing in serving Epic clients. Nordic has more than 800 employees nationwide, including about 250 in Madison.
Nordic had $179.3 million in revenue in 2016, up 120 percent over three years ago. Founded in 2010, this is the fourth year that Nordic has made it onto the Inc. 5000 list.
Statewide, 54 companies are on the 2017 Inc. 5000 list, compared to 50 companies last year and 62 the year before.
The list is compiled based on statistics reported by companies that choose to participate, showing their increase in revenue from 2013 to 2016.