Utah Startup Ranked Fastest-Growing in State the Same Day it Opens New Headquarters

LEHI — In a serendipitous move, Lehi-based tech startup Podium opened brand-new headquarters the same day it was ranked the fastest-growing company in Utah on the Inc. 5000 list.

Podium, a cloud-based software company that helps businesses collect and manage online reviews, was born in the attic of a Provo bike shop in 2014. Nearly four years later, it’s ranked No. 13 on Inc. 5000's 2018 list of fastest-growing companies in the nation and No. 1 in Utah.

The startup has witnessed a 13,645 percent revenue growth over the last three years and currently has a $20 million to $50 million average yearly revenue, with a revenue of $30.2 million in 2017, according to Inc.’s list.

But Podium CEO, Eric Rea, doesn’t believe that success is all just a happy coincidence — at least not all of it. 

“This isn’t really about luck anymore,” Rea said during Podium’s celebratory opening Wednesday. “It’s all about everybody in this room and the cumulative effort and strategy we put together to make this work.”

Read the full article here.

 

 

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KSL Thu, 08/16/2018 - 15:55