News Summary
Tennessee showcases 121 companies in this year’s Inc. 5000 list, which ranks the fastest-growing private firms in the U.S. These businesses have collectively generated $11.7 billion in revenue and created 15,267 jobs in the state over the past three years. Companies like Monogram Health, Tidalwave Holdings, and RxLogic have made impressive growth contributions, highlighting the vibrant entrepreneurial landscape that supports economic expansion in Tennessee.
Tennessee proudly celebrates the remarkable achievement of 121 companies making it onto the 2025 Inc. 5000 list of the fastest-growing private companies in the United States. Together, these firms have generated an impressive combined revenue of $11.7 billion and have exhibited a median three-year growth rate of 188%. The ongoing success of these businesses is contributing significantly to the state’s economy, as they currently employ 34,418 people across various sectors.
Inc. Magazine produces the Inc. 5000 list annually, ranking privately held companies based on their percentage revenue growth over the preceding three years. To qualify, companies must have achieved at least $100,000 in revenue in 2021 and reached $2 million by 2024. This year, five Tennessee companies secured positions within the coveted top 100 rankings, with three based in the Nashville area and two in Chattanooga.
Top Performers from Tennessee
Leading the pack for the second consecutive year is Monogram Health, a home healthcare provider based in Brentwood, which has recorded outstanding growth of 14,131%. Despite a slight drop from 3rd to 7th in the nationwide ranking, Monogram Health’s annual revenues are estimated between $2.5 million to $5 million. Notably, one of its co-founders is former U.S. Senate Majority Leader Bill Frist.
Another standout company is Tidalwave Holdings from Chattanooga, known for its screen printing and e-commerce fulfillment services. It ranked No. 37 on the national chart with a remarkable growth rate of 6,436%. Additionally, RxLogic, located in Nashville, specializes in pharmacy claims service and achieved a national ranking of No. 73 with a growth rate of 4,274%, generating between $10 million and $25 million annually.
Other noteworthy Tennessee companies on the Inc. 5000 list include Firecrown, which focuses on print and internet publications and boasts a growth rate of 4,122%, placing it at No. 75 nationwide. Dreamliner Luxury Coaches, providing high-end tour buses to musicians, achieved a growth rate of 3,357%, landing them at No. 100 on the list. A Murfreesboro-based brokerage, Zach Taylor Real Estate, recorded 2,457% growth and is ranked No. 159, while Nashville’s Bitfreighter follows closely with a growth rate of 2,010%, securing the No. 194 spot.
Economic Impact
Collectively, these fast-growing companies have added 15,267 jobs to Tennessee’s economy over the last three years. It is also worth noting that only three Tennessee companies made it into the top 300, all of which operate in the health services sector, highlighting the strength and resilience of this industry in the state.
The Inc. 5000 list reflects the thriving entrepreneurial spirit within Tennessee, showcasing companies that have undergone rigorous vetting processes. Companies on this list must meet multiple criteria, such as demonstrating integrity without allegations of fraud or misconduct.
Future Outlook
Tennessee’s ranking among the Inc. 5000 firms reinforces the state’s growing reputation as a hub for innovation and economic growth. With so many businesses thriving, it is indicative of the favorable business environment and the support structures in place for startups and established companies alike.
As these companies continue to expand, their impact on the local and national economy will undoubtedly remain significant, adding jobs and fostering innovation throughout the state.
Deeper Dive: News & Info About This Topic
- The Tennessean: Tennessee Companies on Inc. 5000
- Wikipedia: Inc. 5000
- Nooga Today: Fastest Growing Companies in Chattanooga
- Google Search: Fastest Growing Companies Tennessee
- FreightWaves: Reliance Partners Earns Inc. 5000 Ranking
- Google Scholar: Inc. 5000
- Business Wire: J2 Company LLC Recognized by Inc. 5000
- Encyclopedia Britannica: Business Growth
- The Tennessean: 2024 Inc. 5000 List of Tennessee Companies
- Google News: Tennessee Inc. 5000 Companies
Author: STAFF HERE KNOXVILLE WRITER
The KNOXVILLE STAFF WRITER represents the experienced team at HEREKnoxville.com, your go-to source for actionable local news and information in Knoxville, Knox County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Dogwood Arts Festival, Big Ears Festival, and Knoxville Asian Festival. Our coverage extends to key organizations like the Knoxville Area Chamber Partnership and United Way of Greater Knoxville, plus leading businesses in healthcare, education, and energy that power the local economy such as Covenant Health, University of Tennessee, and Tennessee Valley Authority. As part of the broader HERE network, including HEREBristol.com, HEREChattanooga.com, HEREMemphis.com, and HERENashville.com, we provide comprehensive, credible insights into Tennessee's dynamic landscape.
