Inc. magazine has published its list of the 250 best-led companies in the United States. Eight Utah companies made the list, including Health Catalyst, Domo, Owlet, Overstock, Pattern, HealthEquity, Lucid and Vivint Smart Home.
To compile the list, Inc. evaluated private and public U.S.-based companies using a proprietary, 14-point measure of management excellence. This is the inaugural list of best-led companies by Inc. and the first time the magazine has evaluated private and public companies together.
“These 250 companies are the very strongest U.S. firms with revenue of $50 million to $2 billion (or a valuation of $50 million to $10 billion) based on superlative accomplishments in four key areas: performance and value creation, market penetration and customer engagement, talent and leadership team,” said the Inc. website.
Other recognitions and accomplishments by the Inc. listees have made news in Utah recently:
• Owlet went public in July and began trading on the NYSE at over $1 billion dollar in valuation.
• Health Catalyst CEO Dan Burton was recognized by Utah Business magazine as CEO of the Year.
• Lucid raised over $500 million in July, giving it a valuation over $3 billion.
• Pattern received a $225 million in growth equity in September, giving it with a valuation over $2 billion.
“This inaugural list of companies represents the remarkable mid-sized companies, both public and private, often founder-led, that are at the vanguard of reinventing American business,” said Scott Omelianuk, editor-in-chief of Inc. magazine. “With their leadership, all business will benefit from an exciting, competitive future full of possibilities.”