Six Wilmington-based companies have been ranked among the top 5,000 fastest-growing privately held companies in the country, according to this year’s Inc. 5000 list
Companies from the area on Inc. Magazine's annual list include Untappd (No. 259), nCino (No. 361), Off The Hook Yacht Sales (No. 407), N2 Publishing (No. 1,764), Filmwerks International (No. 2,987) and 101 Mobility (No. 3,449). The 2017 list is based on the amount of revenue growth for each company between 2013 and 2016.
Five out of the six companies -- nCino, Off The Hook Yacht Sales, N2 Publishing, Filmwerks International and 101 Mobility -- were also on last year's list.
N2 Publishing, a publisher of customized neighborhood magazines founded in 2004, has been ranked on the list for seven years in a row.
"In 2004 when we started, our product was garbage. We were proud of it, but looking back it needed a lot of help. The one thing we were great at was sales, and that carried us through a lot of early mistakes. Since then, we've been able to recruit, train, and develop phenomenal sales people, as well as refine our product. All of this set the stage for national growth and seven years in a row on the Inc. 5000 list," Duane Hixon, CEO of N2 Publishing, said in an email.
Although headquartered in Wilmington, N2 Publishing has 900 publications nationwide. The company currently employs 224 people.
This is the second year nCino, a cloud banking company that serves worldwide, has made it on the national list. The company was recognized for its 1,218 percent growth over that time frame, with $21.1 million in revenue.
“Being named to this list in 2016 was an important milestone for us because it helped validate our strong position in the financial services space,” Pierre Naudé, CEO of nCino, said in a release about the ranking. “Earning a spot on the list again this year is truly an honor, and is a testament to our world-class team, strong company culture and transformative cloud-based technology.”
The past year has marked significant growth and scalability
for nCino as financial institutions continue to embrace its Bank Operating System, officials said in the release. nCino currently has more than 150 bank and credit union customers in multiple countries with assets ranging from $200 million to $2 trillion, including nine of the top 30 U.S. banks.
The company has also added more than 100 people across product development, engineering, customer success, support and other core functions.