3 direct sellers were named to Inc.’s annual guide of the 5,000 fastest growing privately held companies in the U.S. for 2019.
Tranont, founded in 2013 and based in Lehi, Utah, landed at No. 597 with 744 percent growth over the last three years. The company, which distributes dietary supplements and financial products through a direct sales model, had $14.9 million in revenue for 2018.
Another Lehi company, Xyngular, came in at No. 2976. The nutritional supplements company had 126 percent growth over the three-year period and achieved $111.5 million in revenue for 2018.
ARIIX, with headquarters in Bountiful, Utah, came in at No. 3629 with 96 percent growth. The company, which offers multiple independent health and personal care brands, had $219.88 million in revenue for 2018.
The 5,000 companies, representing 49 states, Puerto Rico, and the District of Columbia, combined generated $237.7 billion in revenue last year. They had an average 2018 revenue of $47.5 million and median three-year growth rate of 157.4 percent.