- Top seller of smart-grid electric vehicle charging stations, eMotorWerks #353 ranking is a result of three consecutive years of exponential growth.
NEW YORK, San Carlos, Calif., August 16, 2017 -- Inc. magazine today ranked eMotorWerks number 353 on its 36th annual Inc. 5000, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment— its independent small and midsized businesses. Companies such as Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees of the Inc. 5000.
“We’re thrilled to be ranked among some of the fastest growing companies in the country,” said Val Miftakhov, CEO of eMotorWerks. “Since the beginning, we’ve been dedicated to serving electric vehicle drivers with the most intelligent and versatile charging solutions available. In a short three years since launching JuiceBox, we’ve sold over 20,000 stations, achieved a top seller ranking on Amazon and grown to a team of 45. This ranking is a reflection of the hard work of the entire eMotorWerks team and we are honored to accept the award.”
The 2017 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 16) is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year average growth of 481%. The Inc. 5000’s aggregate revenue is $206 billion, and the companies on the list collectively generated 619,500 jobs over the past three years. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
"The Inc. 5000 is the most persuasive evidence I know that the American Dream is still alive,” says Inc. President and Editor-In-Chief Eric Schurenberg. “The founders and CEOs of the Inc. 5000 tell us they think determination, risk taking, and vision were the keys to their success, and I believe them.”
The annual Inc. 5000 event honoring all the companies on the list will be held from October 10 through 12, 2017 at the JW Marriott Desert Springs Resort & Spa in Palm Desert, CA. Speakers include some of the greatest entrepreneurs of this and past generations, such as former Ford president Alan Mullaly, FUBU CEO and founder and “Shark Tank” star Daymond John, Dollar Shave Club founder Michael Dubin, researcher and #1 New York Times bestseller Brené Brown, and Gravity Payments’ founder and CEO Dan Price.
<>Much of eMotorWerks’ success has come from the company’s line of JuiceNet enabled charging stations and the JuiceNet platform itself. JuiceNet and its associated application programming interfaces (APIs) provides innovative utilities, grid operators and “load aggregators” the ability to aggregate fleets of charging EVs and modulate energy demand on the grid, to allow for collective EV load shifting to times when renewable resources are more abundant and or energy rates are lower. In 2017, eMotorWerks has announced partnerships with multiple third-party EVSE companies such AeroVironment (NASDAQ:AVAV), the free ad-supported Volta charging network, top-tier OEM supplier Webasto, and the cashless payment provider Nayax. The company is also collaborating in German with conenergy, to create solar-optimized EV charging solutions that increase utility tariff savings for commercial and residential solar owners, and with Share&Charge to establish North America’s first peer to peer EV charging network. Additionally, utilities such as Sonoma Clean Power work with eMotorWerks to provide free smart-grid enabled charging stations and reward programs to EV drivers in their region.
More about Inc. and the Inc. 5000
The 2017 Inc. 5000 is ranked according to percentage revenue growth when comparing 2013 to 2016. To qualify, companies must have been founded and generating revenue by March 31, 2013. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2016. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2013 is $100,000; the minimum for 2016 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/inc5000.
About Inc. Media:
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 18,000,000 today. For more information, visit www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit www.conference.inc.com.