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No. 85   Higher One

New Haven, CT

Year 2007
Industry Financial Services
Founded 2000
Growth 1,748.3%
2003 Revenue $894,759
2006 Revenue $16.5 million
Employees 90
Website www.HigherOne.com

What it does: Helps universities streamline refunds--i.e., financial aid overages or tuition overpayments--through electronic transfers. This reduces administrative costs and cuts handling errors. The company also offers a suite of banking products to college students.

Why it's growing: Client referrals are a major factor; the company has a 100 percent renewal rate with university clients, many of whom recommend it to other college administrators. It has almost doubled its client base every year.

Read this company's extended IncBizNet profile.

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