B$Z: Outdoor Tech® Elevates its Position on Inc.’s 500 List of Fastest Growing Companies
Outdoor Tech®, purveyors of wireless audio products and rugged portable power accessories designed for active lifestyles and outdoor use, is getting quite comfortable despite the increase in bustle they are fueling from their creative shell in Los Angeles. For the second year in a row, Outdoor Tech® has been recognized by Inc. Magazine as one of the fastest-growing U.S.-based private companies. With a 3-year growth of 1,869% and a 2014 revenue of $8.3 M, you get a little wait for the employee bathroom, but a #237 rank on the 2015 Inc. 500|5000 list – a leap from their 2014 rank of #329, is worth the wait.
Founded in 2010, Outdoor Tech® continues to prove there is a way to stay connected but not tethered to modern technology during active lifestyle pursuits. With rapid growth and increased market distribution across the globe, Outdoor Tech® is clearly satisfying the needs of tech-obsessed consumers by creating gear that complements life on the go. Brand new for 2015 is the expansion of the Kodiak collection, now a family of three portable power banks that are built to take a beating, as well as the Buckshot Pro – a three-in-one Bluetooth speaker, bike light and power bank. With new significant additions to the product development team, much is in the works to look out for in 2016 and beyond.
“Appearing on the Inc. list yet again in 2015 underscores our brand strategy to design quality, durable, and atheistically enjoyable products for consumers who want to incorporate music and connectivity to their devices while pursuing their chosen activities,” states Caro Krissman, Outdoor Tech® founder and CEO. “We’re proud to be recognized for our rapid growth, and anticipate the upward trend to continue with our expanded international distribution strategy, deepening relationships with existing retailers and deep focus on creating Stuff You Probably Want®.”
Complete results of the Inc. 500, including company profiles and an interactive database that can be sorted by industry, region and other criteria, can be found at http://www.inc.com/inc5000. The brand was also recognized as the seventh fastest growing company in Los Angeles; the ten fastest growing Angelino companies can be found at http://tinyurl.com/non3ucu.