Nashville is one of the nation's leading centers for health care, but the second largest city in the state is best known for its thriving music scene. With the added bonus of having universities like Vanderbilt and Fisk in town, Nashville is now churning out some serious business talent: A total of 50 fast-growth companies landed atop the Inc. 5000 this year.
Inc. distinguished the 10 fastest growing, private businesses in Nashville, based on their revenue growth rate between fiscal years 2010 and 2013. The companies on the below list represent the city's diverse economic sectors, including health care, software, financial services, and more.
Meet the companies and the CEOs that are making a name for themselves in Music City:
10. Medi-Copy Services
This three-time Inc. 5000 honoree aims to streamline patient care at hospitals and doctors' offices by handling their patient reports and information. CEO Elliot Holt began Medi-Copy in 2000, after experiencing first-hand the often disorganized world of health information management. Today, the company lands on the 2014 Inc. 5000 list at No. 2,431, having brought in $3.3 million in revenue in 2013 alone.
9. Qualifacts Systems
The largest provider of web-based electronic health records for the human services industry, Qualifacts has grown 200 percent in recent years. The company landed $18.7 million in sales in 2013, from $6.1 million in 2010. President and CEO David Klements helped to spur Qualifacts' growth when he took charge in 2006, and this year, the company clocks in as No. 1,960 on the Inc. 5000-- it's third appearance on the list to date.
8. The Kingston Group
CEO Ricky Scott heads up The Kingston Group, a local construction and remodeling firm serving clients in around the state. He founded the company back in 2007 along with his longtime friend Robbie Edwards. Over the past three years, the Kingston Group has experienced impressive revenue growth: It brought in $4 million in sales in 2013, a 215 percent increase from 2010. That lands the company solidly at No. 1,908 on Inc.'s list.
7. ImageQuest Managed Services
This Music City company provides managed IT services to a variety of local clients, likely, with very few complaints. With an annual revenue growth rate of more than 230 percent between 2010 and 2013, ImageQuest ranks No. 1,785 on the Inc. 5000. It's also the eighteenth fastest growing company in the Nashville metro area. CEO and co-founder Milton Bartley helms the company, with more than 18 years of industry experience under his belt.
6. Advance Financial
This three-time Inc. 5000 honoree continued to boast major growth--roughly 234 percent--between fiscal years 2010 and 2013: It reeled in $51.9 million in annual revenue last year alone. Representing Nashville’s booming financial services industry, the company provides short-term loans, check cashing services, wire transfers, bill payments, as well as money orders for its customers. Under the leadership of CEO Tina Hodges, Advance Financial has soared onto the Inc. 5000, this time at No. 1,771.
5. LPS Integration
This IT company makes the Inc. 5000 honor roll for its fifth appearance on the list to date, this time at No. 1,741. Co-founded in 2002 by CEO Todd Sanford, Frank Pulliza and David Linzy, LPS Integration provides IT networking and storage services to clients in the health care and financial services industries, as well as to the government. The company grew its annual revenue by nearly 240 percent between fiscal years 2010 and 2013, bringing in $105.7 million last year alone.
4. CapStar Bank
This six-year-old company offers banking and financial services to businesses and individuals across the state. It makes its debut appearance on the Inc. 5000 this year at No. 1,597, having grown its annual revenue by more than 266 percent over the last three years. Headed by founder and CEO Claire Tucker, CapStar aims to deliver a more personalized experience to customers, earning their trust as well as their business. This model is evidently effective: The company brought in $36.3 million in sales last year, making it the fourth fastest growing company in Music City.
Wildkin makes custom backbacks, lunchbags, and other fun, colorful accessories for children. Helmed by CEO John Rosen, Wildkin has grown leaps and bounds since its founding in 1996: Between fiscal years 2010 and 2013, its annual revenue increased by 373 percent to $5.1 million in sales last year. A local industry leader, it clocks in as the No. 15 fastest growing company based in Tennessee, and the third fastest growing company in Nashville. It's also No. 1,173 on the Inc. 5000.
2. Conexess Group
Founded in 2009, Conexess Group--an IT staffing company that connects professionals to top businesses--is guided by the principles: Understand, Identify, and Deliver. CEO Gerald Baker has overseen Conexess' rapid growth over the last three fiscal years: It reeled in $11.4 million in 2013, up 400 percent since 2010. The second fastest growing company based in Nashville, Conexess is also the 14th fastest growing company in the state and clocks in at No. 1,112 on the Inc. 5000.
A leading private business in Nashville's booming health-care sector, InQuicker works with hundreds of health-care providers nation-wide to provide a cloud-based, online patient self-scheduling system. The aim: To minimize the amount of time patients spend in waiting rooms. Headed by CEO and co-founder Michael Brody-Waite, InQuicker has grown is annual revenue by more than 1,500 percent between fiscal years 2010 and 2013, bringing in $5.2 million in sales last year alone. The fastest growing, private company in Nashville, InQuicker is also the second fastest growing company in Tennessee, and ranks No. 291 on the Inc. 5000.