Real Estate Startup Ranks #36 out of 5000 on List of Fastest-growing Private Companies
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St. Louis-based DealMachine has earned the rank of No. 36 on Inc. Magazine’s annual list of the fastest-growing private companies in America. Companies on the list are ranked according to percentage revenue growth from 2017 to 2020.
Designed to help real estate investors acquire single family homes, DealMachine experienced a 2,000% growth in staff from 2017 to 2020, adding 38 employees during the three-year period. According to Inc.com, the software as a service company saw a revenue growth of 8,385% over the three-year period.
“This ranking represents the tireless commitment of our team, who puts our members first each and every day,” said DealMachine CTO and St. Louis-based Co-Founder Dave Oster. “We are incredibly humbled to by this prestigious ranking and are excited to bring more jobs and growth to the state of Missouri.”
This month DealMachine also opened an office in Clayton, an employee told EQ, which currently employs four people full-time. With co-founders from both cities, DealMachine is headquartered in Indiana and, since 2018, has been operating out of St. Louis’ Cortex Innovation District until recently, when they shifted to remote work due to the pandemic.
“This recognition speaks to DealMachine’s resiliency and is especially meaningful given 2020’s unprecedented challenges,” said Oster. To qualify, companies must have been founded and generating revenue by March 31, 2017, and must be U.S.-based, privately held, for-profit, and independent as of December 31, 2020.