Fast 50 women-led companies American Express
NEW YORK, July 22, 2020 /PRNewswire/ — The Women Presidents’ Organization (WPO), in collaboration with American Express, today released the 13th annual ranking of the 50 Fastest-Growing Women-Owned/Led Companies. The companies on this year’s 50 Fastest list span a range of industries, including healthcare, technology, and consulting. From January to December of 2019, the 50 Fastest generated a combined $3.8 billion in revenue and collectively employed more than 17,000 people.
“The 50 Fastest Growing Women Owned/Led Companies are a trailblazing group of women who are leading some of the most successful businesses around the globe. At American Express, we are committed to supporting and backing the growth of women-owned and -led companies and are delighted to recognize these leaders for their success,” said Jessica Ling, Vice President and General Manager, Marketing Strategy, Content and Experiences at American Express. “Not only do women-owned businesses fuel the economy with trillions of dollars in revenue and the millions of jobs they provide, many have also pivoted their offerings and business strategies to provide essential services and accommodate their employees, which has proven to be vital for navigating the pandemic.”
“At a time when bright spots are few and far between, we are thrilled to celebrate the business accomplishments of these 50 inimitable leaders,” said Camille Burns, CEO of the Women Presidents’ Organization. “American Express has made it possible to acknowledge the impressive influence women-owned and -led companies have in job creation and growing the global economy.”
All eligible companies were ranked according to a sales growth formula, combining percentage and absolute growth. To qualify for the ranking, businesses are required to be privately held, woman-owned or -led, and have reached annual revenues of at least $500,000 as of 2015 and every subsequent year. Applicants are not required to be WPO members.
More about this year’s 50 Fastest:
Average honoree age: 50
Provide health insurance: 94%
Started with their own funds: 74%
Do business globally: 56%
Do business with the government: 68%
The 2020 50 Fastest-Growing Women-Owned/Led Companies include: