The Phoenix Companies

Sep 27, 2017

From cars to e-cigarettes, these Phoenix companies are making a buck in the sun. Kaitlyn Wang is a student at New York University pursuing a B.A. in history and journalism on the pre-law track. She was previously a managing editor for the Washington Square News, where she helped cover university and city news and features. add slide Silicon Desert It’s heating up in Arizona, and it’s not just the sun. This year, 41 Inc. 5000 companies have made their home in the desert, with a diverse array of industries ranging from retail to health. Here are the top 10 fastest-growing companies in Phoenix. 10. EXOS This health company aims to improve health and performance of athletes, sports teams, and employers alike. EXOS (No. 1,253 on the Inc. 5000) drew in $149.4 million in 2016, shooting up 326% from 2013. IMAGE: Courtesy EXOS 9. Lumber One Services This family-rooted construction company sells lumber and wood products for commercial and residential buildings. Lumber One Services (No. 946) jumped from $4.1 million in revenue in 2013 to $23.1 million in 2016, a 464% increase. IMAGE: Courtesy Lumber One Services 8. Smoking Vapor With the rise of vaping and e-cigarettes comes Smoking Vapor (No. 881), which operates four locations in Arizona and an online shop. The company had 2016 revenue of $5.1 million, up 505% since 2013. IMAGE: Courtesy Smoking Vapor 7. Trapp Technology This 10-year-old company offers I.T. services to small and mid-size businesses, and made $13.4 million in 2016. Trapp Technology (No. 812) has had a 557% revenue growth rate since 2013. IMAGE: Courtesy Trapp Technology 6. Teleradiology Specialists Teleradiology Specialists (No. 758) had revenue of $13.4 million in 2016, up 600% from 2013. The health company provides urgent care radiology services and x-ray readings. IMAGE: Courtesy Teleradiology Specialists 5. RevolutionParts This software firm, founded in 2013, lets dealers sell auto parts online. In its first three years, RevolutionParts (No. 692) had a revenue growth rate of 655%, earning $3.4 million in 2016. IMAGE: Courtesy RevolutionParts 4. Culver Equipment Founded in 1997, Culver Equipment (No. 617) sells, services, and installs warehouse equipment and machines. The company pulled in $13.3 million in 2016, a 732% increase from 2013. 3. Tailstorm Health This health company, which operates specialty pharmacies, had revenue of $19 million in 2016, up 765% from 2013. Tailstorm Health comes in at No. 590 on this year’s Inc. 5000 . IMAGE: Courtesy Tailstorm Health 2. Alpha Connect Three years was all Alpha Connect (No. 358) needed to explode. This provider of outsourced customer service pulled in $10.7 million in 2016, up 1,226% from 2013. IMAGE: Courtesy Alpha Connect 1. Carvana Topping the Phoenix pack is Carvana (No. 34), which sells cars online for a “test buy” time frame of seven days. This company zoomed to first with revenue of $365 million in 2016, a 7,924% increase from 2013. IMAGE: Courtesy Carvana More Slideshows