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Fifteenth Annual 50 Fastest Growing Women-Owned and -Led Companies Announced


The Women Presidents Organization and JPMorgan Chase Recognize the 2022 Ranking of 50 Fastest Growing Women-Owned/Led Companies During Award Ceremony

MONTREAL, May 5, 2022 /CNW/ — The Women Presidents Organization (WPO), in collaboration with JPMorgan Chase, today released the 15th annual ranking of the 50 Fastest Growing Women-Owned/Led Companies. This year’s 50 Fastest list is led by companies focused on healthcare, government and technology, and for the second year in a row, the top three companies are run by women of color.

The Women Presidents Organization (WPO) is a dynamic and diverse collective of women business leaders around the world who share insight in groups facilitated to drive game-changing experiences. (PRNewsfoto/Women Presidents Organization)

The Women Presidents Organization (WPO) is a dynamic and diverse collective of women business leaders around the world who share insight in groups facilitated to drive game-changing experiences. (PRNewsfoto/Women Presidents Organization)

The 15th anniversary of the 50 Fastest heralded a number of firsts and notable trends. The WPO received more applications this year than ever before, and the ranking reflects the largest number of consumer brands since inception. According to this year’s applicant survey, the percent of honorees that reported doing business globally declined to 62%—4% lower than reported in 2021 and a number that had previously risen year over year. Over 96% of honorees report that their businesses have returned to pre-pandemic profitability or were never adversely affected.

“This year’s 50 Fastest winners are raising the bar for today’s entrepreneurs,” said Thelma Ferguson, Vice Chair of JPMorgan Chase Commercial Banking. “These incredible business owners, and countless others, are scaling new technologies, advancing purposeful missions and creating new pathways to success that will benefit generations to come.”

From January to December of 2021, the 50 Fastest generated a combined $6.8 billion in revenue and collectively employed more than 30,000 people.

The top three awardees are:

  1. SimpleHealth, Inc. in New York, NY, a telemedicine platform focused on reproductive health, returns to the 50 Fastest list this year, moving up from the number two spot in 2021. Helmed by CEO Carrie SiuButt, the company—which has one of the most accessible platforms for accessing birth control products online—has more than doubled in size and increased its revenue by 571% over the past two years.

  2. Newcomer Highlight Technologies, Inc., based in Fairfax, VA, debuts at number two on the list. Highlight, which is led by Founder and CEO Rebecca Andino, has quadrupled their revenues over the past two years by providing critical development and modernization, secure IT and mission solutions to more than a dozen U.S. federal government customers.

  3. Fintech start-up Stax also returns at number three on the list, up three spots from 2021 after a whirlwind year of growth. Stax is an all-in-one platform that helps businesses simplify payments with an innovative, flat-fee, subscription-style approach. Based in Orlando, FL and led by 34-year-old CEO and Founder Suneera Madhani, Stax has grown from one to 180 employees in seven years and recently attained “unicorn” status, announcing a $1 billion valuation after its latest round of investment.

“It is an honor to celebrate the talented and innovative leaders of these 50 companies that have experienced exponential growth in both size and revenue in today’s marketplace,” said Camille Burns, CEO of the Women Presidents Organization. “The WPO and JPMorgan Chase are excited to recognize and elevate these inspiring and diverse women-owned and -led companies, which are not only providing valuable products and services and generating economic growth but changing the public perception of, and conversation around, women-owned businesses.”

To qualify for the ranking, businesses are required to be privately held, woman-owned or -led, and must have reached annual revenues of at least $500,000 in each of the past five years. Applicants were not required to join or be members of the WPO. All eligible companies were ranked according to a sales growth formula that combines percentage and absolute growth. The top 50 were selected for the list.

More about this year’s 50 Fastest:

  • Average honoree age: 51

  • Average years in business: 18

  • 78% started the business

  • 74% provide telecommuting

  • 70% provide flex time

  • 74% do business with Fortune 1,000 companies

The 50 Fastest companies are being honored during a luncheon and ceremony at the WPO Annual Conference on May 5, 2022, in Montreal, Québec at Fairmont The Queen Elizabeth. Immediately following the ceremony, JPMorgan Chase will also host a discussion and audience Q&A featuring 50 Fastest honorees, who will share insights and advice for WPO members looking to grow their businesses.

Rank

Entrepreneur

Company

City / State (or Province)

1

Carrie SiuButt

SimpleHealth

New York, NY

2

Rebecca Andino

Highlight Technologies, Inc.

Fairfax, VA

3

Suneera Madhani

Stax

Orlando, FL

4

Asma Ishaq

Modere

Newport Beach, CA

5

Kimberly L. Bunton & Sheila Kavanaugh

TKT & Associates, Inc.

Louisville, KY

6

Shital Daftari

SNT Biotech (DBA of Saris and Things)

Naperville, IL

7

Erica Brune

Lever1

Kansas City, MO

8

Patricia Bible

Katom Restaurant Supply Inc.

Kodak, TN

9

Roopa Makhija & Neha Shah

GEP

Clark, NJ

10

Pamela O’Rourke

ICON Consultants

Houston, TX

11

Merrilee Kick

BuzzBallz/Southern Champion

Carrollton, TX

12

Eleanor Alvarez

LeaderStat

Powell, OH

13

Snejina Zacharia

Insurify

Cambridge, MA

14

Aisha Yang

Herbaland Naturals Inc.

Richmond, British Columbia

15

Michelle Accardi

Logically

Portland, ME

16

Kara Trott

Quantum Health

Dublin, OH

17

Ranjini Poddar

Artech L.L.C.

Morristown, NJ

18

Marsha Serlin

United Scrap Metal, Inc.

Cicero, IL

19

Tamira Chapman

Storehouse In A Box LLC

Farmington, MI

20

Janet Casey

Marketing Doctor, Inc.

Northampton, MA

21

Andrea Wagner

Berkshire Sterile Manufacturing

Lee, MA

22

Paula Blankenship Cameron

Heirloom Traditions Paint

Taylorsville, KY

23

Lauren Brooks

Little Waisted dba Bakery Bling

Oklahoma City, OK

24

Anna Hung

CCIntegration, Inc.

San Jose, CA

25

Arlene Inch

TransPak, Inc.

Hayward, CA

26

Heather Blease

SaviLinx, LLC

Brunswick, ME

27

Jayne S Edison

Office Furniture Innovations, LLC

Houston, TX

28

Rebecca Cenni-Leventhal

Atrium

New York, NY

29

Teresa Yeager

MuniSight Ltd

Edmonton, Alberta

30

Emily Victoria Wilburn

Wilburn Medical USA

Kernersville, NC

31

Allison Long

On the Spot Utility Resources, LLC

Evansville, IN

32

Rachel Landau

Grey Matter Concepts

New York, NY

33

Shelby Taylor

Chickapea

Collingwood, Ontario

34

Jenny Zhu

Triangle Home Fashions, LLC

East Brunswick, NJ

35

Diana Lee

Constellation Agency

New York, NY

36

Danielle Mizia

AEC Group LLC

Oakdale, PA

37

Sarah Valentini

Radius financial group inc.

Norwell, MA

38

Kerry Michaels

W.M.Golf, Inc

Austin, TX

39

Anna Cicur

Fast-Trak Construction, Inc.

Fort Worth, TX

40

Tracy Call

Media Bridge, Inc.

Minneapolis, MN

41

Amy Myers

AMMD, LLC

Austin, TX

42

Lora Fischer-DeWitt

Scout Curated Waters

Holyoke, MA

43

Dao Jensen

Oak Rocket Inc.

San Francisco, CA

44

Ann Ramakumaran

Ampcus Inc

Chantilly, VA

45

Paula Marshall

The Bama Companies, Inc.

Tulsa, OK

46

Nancy Erardi

NYCAN Builders

New York, NY

47

Kristi Alford-Haarberg

E2 Optics

Englewood, CO

48

Donna Dorozinsky

Just in Time GCP

Warrington, PA

49

Heather Podesta

Invariant LLC

Washington, DC

50

Soyini Chan-Shue

Overwatch Services LLC, DBA, City Safe Partners Security

New York, NY

ABOUT WOMEN PRESIDENTS ORGANIZATION (WPO)

The Women Presidents Organization (WPO) is a non-profit membership organization where dynamic and diverse women business leaders around the world tap into collective insight with exclusive access to entrepreneurial equals, innovative ideas, and executive education. WPO members have guided their business to generate at least $2 million USD in gross annual sales (or $1 million USD for a service-based business). Each WPO chapter serves as a professionally-facilitated peer advisory group for members where they can harness the momentum of their successes and cultivate new strategies that will take them even further. Learn more at women-presidents.com.

ABOUT JPMORGAN CHASE

JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorgan Chase had $4.0 trillion in assets and $285.9 billion in stockholders’ equity as of March 31, 2022. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

© 2022 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase Bank, N.A. Member FDIC. Visit jpmorgan.com/cb-disclaimer for full disclosures and disclaimers related to this content.

CONTACT:

JPMorgan Chase
Emma Langston
emma.langston@chase.com

Women Presidents Organization
Laura Alfisher
lalfisher@lbrpr.com

The 50 Fastest-Growing Women-Owned/Led Companies of 2022, presented by the Women Presidents' Organization (WPO) and sponsored by JPMorgan Chase.

The 50 Fastest-Growing Women-Owned/Led Companies of 2022, presented by the Women Presidents’ Organization (WPO) and sponsored by JPMorgan Chase.

Cision

Cision

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SOURCE Women Presidents Organization

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Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2022/05/c5658.html



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