In its third straight appearance on the annual rankings of the nation’s fastest-growing companies, Phoenix-based WebPT reports it ranks 723 on the list, and added more than 200 jobs. A recent media release from WebPT also notes the company has logged a 3-year growth rate of 622%.
“Making the list once was a huge accomplishment, so it’s pretty incredible to think that we’ve been able to sustain the growth necessary to keep the streak going for 3 years in a row,” says Paul Winandy, chief executive officer of WebPT.
WebPT, which reportedly ranked 362 and 231 on the Inc. 5000 list in 2014 and 2013, respectively, received a significant round of growth capital financing from Battery Ventures last year. The company’s media release states that the firm used that capital to further accelerate the growth that led to its Inc. 5000 trifecta. The most recent move fueled by that infusion of capital was the company’s acquisition of WebOutcomes, which WebPT’s media release describes as an online patient outcomes tracking tool that allows physical and occupational therapists to enhance patient care and better market themselves by objectively demonstrating their clinical performance to insurance carriers and referral sources.
In the last 4 years, the company reports it has added more than 225 jobs and has grown in revenue from $1.2 million in 2010 to a projected $32 million this year. WebPT also ranks among the top 15 Arizona companies and the top 14 Phoenix Metro Area companies, according to the company’s media release.