Inc. recently released its 2021 list identifying the 5,000 fastest-growing companies in the United States, with more than 200 Dallas-Fort Worth companies making the cut.
The list includes U.S.-based, privately held companies that were ranked by their percentage revenue growth between 2017 and 2020. In total, DFW companies on the list generated $10.7 billion in revenue and added over 15,400 jobs.
In recent years, Texas has become a tech hub with several companies moving or opening new offices in Austin; however, its neighbors to the north, Dallas and Fort Worth, are not far behind in the tech sphere.
There are already several large tech companies based in Dallas and Fort Worth whose names alone garner instant recognition and prestige. Companies like Capital One, AT&T, Lockheed Martin, IBM and Texas Instruments all call the DFW metro home.
A recent Axios report also found that the DFW metro has the third-largest influx of software and IT workers between 2019 and 2020. Forbes even went as far as labeling Dallas a possible “next Silicon Valley.”
But Inc. named the following seven companies, listed in reverse chronological order, the fastest-growing tech companies in DFW. Read below for more.
BILT Incorporated is out to revolutionize the assembly instructions that come with new furniture, appliances or hardware. Instead of leaving individuals leafing through a flimsy booklet, looking at minimally detailed instructions, BILT makes interactive 3D instructions for products that can be accessed on their mobile app. They have partnerships with several companies such as Samsung, Delta, Pro-Form, Coleman to digitize the instruction manuals that are included with their products. Through their app, they also offer interactive maintenance and repair guides and additionally provide electronic warranty receipts. Founded in 2015, the company is headquartered in Grapevine and has seen a 748 percent increase in revenue over the past three years.
In 2016, Resi Media had one goal in mind: to create a 100 percent reliable streaming platform that would not lose connectivity. The company did just that by releasing a live streaming platform that can stream on Facebook and YouTube for both commercial and personal use. Its platform has a built-in 90-second delay that prevents signal outages. The company also offers a range of additional platforms to stream to different websites and video processing programs. Resi Media is based in Plano and has reportedly seen an 865 percent increase in revenue over the past three years.
Education today is much more tech-focused than it was even 20 years ago, and Divergence Academy seeks to provide a modern curriculum by offering courses on subjects such as cyber security, data science, cloud computing and security operations. The company is an education institution focused on adaptive learning curriculum and also offers credential courses. The Addison-based company saw an 867 percent increase in revenue growth since 2017.
Zeal IT is a tech consulting firm based in Dallas that has built a team of expert advisors to help companies craft and integrate new technology strategies. Apart from consulting, the team also creates custom software. In the past, the company has consulted for notable companies like IBM, Greyhound and Liberty Tax. The firm offers services like website modernization, mobile app development and IT staff augmentation. Zeal has experienced 1,003 percent revenue growth over the three-year period evaluated by Inc.
Launched in 2015, the Shiftsmart mobile app matches skilled workers with companies that need roles filled. The app focuses on matching skilled candidates to roles where their skills will be useful and also where they can grow their skill set. The app also allows companies to communicate, manage, schedule and pay workers directly from the app. The company is based in Dallas and saw a 1,649 percent increase in revenue over the past three years.
NexxtGen offers an array of telecommunications services, from providing high-speed internet to companies, installing 5G grids for T-Mobile and Version, to custom software to manage hardware and cellular networks without hassle. The company is headquartered in Irving and has seen its business grow 1,771 percent since 2017.
Ranked highest of all DFW companies, Nobelsoft is ranked as the 196th fastest-growing company in the U.S. and has grown 2,200 percent in the last three years, according to Inc. Based in Irving, Noblesoft focuses on creating custom software to facilitate supply chain management. Its software allows companies to buy, sell, distribute or manage inventory with greater ease. The company also helps companies migrate their operations to cloud networks, and it offers consulting services.