Press Release

Michigan Software Labs #65 on Inc. Regionals Fastest-Growing Companies

March 11, 2022
Michigan Software Labs #65 on Inc. Regionals Fastest-Growing Companies

Inc. magazine today revealed that Michigan Software Labs is No. 65 on its third annual Inc. 5000 Regionals Midwest list, the most prestigious ranking of the fastest-growing private companies based in Iowa, Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, North Dakota, Nebraska, Ohio, South Dakota, and Wisconsin. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Midwest region economy’s most dynamic segment–its independent small businesses.

The companies on this list show a remarkable rate of growth across all industries in the Midwest region. Between 2018 and 2020, these 144 private companies had an average growth rate of 147% percent and, in 2020 alone, they added 19,821 jobs and nearly $11.7 billion to the Midwest region’s economy. Companies based in the Chicago, Illinois, Noblesville, Indiana, and Overland Park, Kansas, areas had the highest growth rate overall.

Complete results of the Inc. 5000 Regionals Midwest, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/midwest starting March 15, 2022.

“This year’s Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America’s off-the-charts growth companies. They’re disrupters and job creators, and all delivered an outsize impact on the economy. Remember their names and follow their lead. These are the companies you’ll be hearing about for years to come,” says Scott Omelianuk, editor-in-chief of Inc.

Mark Johnson
Mark Johnson
Co-founder & Partner

Looking for more like this?

Sign up for our monthly newsletter to receive helpful articles, case studies, and stories from our team.

The impact of tech stack choices on software ROI
Android Development iOS

The impact of tech stack choices on software ROI

October 30, 2024

Choosing the right tech stack is key to optimizing software performance, scalability, and maintenance costs. Learn how we work side-by-side with our clients to make sure their tech stack choices line up with their business goals, budget, and long-term vision.

Read more
The Pareto Principle at work in software
Business Process

The Pareto Principle at work in software

December 4, 2023

Read more
How to approach legacy API development
Development

How to approach legacy API development

April 3, 2024

Legacy APIs are complex, often incompatible, and challenging to maintain. MichiganLabs’ digital product consultants and developers share lessons learned for approaching legacy API development.

Read more
View more articles