SweatWorks Ranks No. 1,219 on the 2022 Inc. 5000 Annual List
August 17, 2022
ARLINGTON, VA August 16, 2022 – /ENDURANCE SPORTSWIRE/ Today, Inc. revealed that SweatWorks is No.1,219 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy’s most dynamic segment—its independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“I am proud to have made the Inc. 5000 four times in our 10-year journey,” Mohammed Iqbal Founder & CEO of SweatWorks. “Making it multiple times is a testament to the strong team and support system that I have here with me at SweatWorks. Sustained success is in the agency of who you surround yourself with.”
SweatWorks, founded in 2012, headquartered in Washington, DC and employing a global team of over 120. Working with the world’s leading consumer and commercial fitness and wellness brands, as well as start-ups, SweatWorks helps them navigate the digital landscape whether that be software, hardware or curating the complete connected fitness experience.
The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Among the top 500, the average median three-year revenue growth rate soared to 2,144 percent. Together, those companies added more than 68,394 jobs over the past three years.
“The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated,” says Scott Omelianuk, editor-in-chief of Inc. “Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today.”
“I have a lot of respect for anyone who chose to embark on their entrepreneurial journey, ” says Iqbal. “The Inc. 5000 list celebrates some of our brightest entrepreneurs in the country. Making it on the list, even once, is a reinforcement of their perseverance, grit, and passion.”
SweatWorks is the leading software and hardware technology agency working exclusively with consumer and commercial fitness and wellness brands across US, UK/EUR and LATAM.
Founded in 2012, headquartered in Washington DC, they provide strategy, product development, industrial/user experience design and software/hardware engineering services to produce first-to-market fitness products that help improve people’s lives.
Working with the biggest brands in the industry including Soulcycle, Equinox, CITYROW, Beachbody, Myxfitness, SPEEDE Fitness, CENTRED Wellness and, most recently with Nix Biosensor on their first consumer realtime hydration patch. sweatworks.com
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More about Inc. and the Inc. 5000
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. The top 500 companies on the Inc. 5000 are featured in Inc. magazine’s September issue. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, which will be available on August 23.
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.