August 17, 2016 – Inc. Magazine today ranked enterprise application development company, Myriad Mobile on its 35th annual Inc., 5000 list, an exclusive ranking of the nation’s fastest-growing private companies. Myriad Mobile made the list by achieving 589% revenue growth over the past four years, and a ranking of 667 out of 5000 private companies, putting them in the top 13% in the nation.
“Inc.’s ranking of Myriad and our incredible growth has been a goal since we started the company,” Myriad CEO and Co-founder Jake Joraanstad said. “It’s a huge accomplishment and a testament to our team. We’re excited to turn that growth into more impact for our customers.”
The Inc. 5000 is an expansion of the Inc. 500, which ranks the country’s top 5000 fastest-growing private companies according to percentage revenue growth over a four-year period. The minimum revenue required for 2012 was $100,000; the minimum for 2015 was $2 million. The 2016 Inc. 5000 is ranked according to percentage revenue growth when comparing 2012 to 2015.
Myriad Mobile was founded in 2011 by Jake Joraanstad and Ryan Raguse, Chairman and Co-Founder, while students at North Dakota State University. In five years, Myriad has grown to nearly 40 employees throughout the upper Midwest with headquarters in Fargo and multiple locations in the upper Midwest. Myriad has consulted, designed and deployed more than 350 projects for national brands including U.S. Bank, Bobcat, Minnesota Public Radio, American Express, Cargill and Monsanto. It recently launched new regional projects including Midco, Wanzek Construction, General Equipment, Blue Cross Blue Shield of North Dakota and Minnesota State University Moorhead.
“This is an exciting time for technology in the Midwest,” Joraanstad added. “Whether you’re an entrepreneur, company, student, or farmer – leveraging new technologies is translating to increased opportunities. We didn’t know exactly what Myriad would look like in five years but we knew it would include mobile and inventive technologies. So far, we’ve been right. We can’t wait to see what the next five years bring.”
About Myriad Mobile
Myriad Mobile is an enterprise mobile application strategy, design and development company headquartered in Fargo with multiple Midwest locations. Founded in 2011, the firm is focused on helping businesses and organizations solve problems through inventive technologies and platforms, including Android, iOS, Web, integrations, virtual reality, beacons or wearables. Myriad was recently recognized as a top app developer in the Minneapolis region and is among the fastest growing companies in the country.