In March 2022, Inc. magazine recognized Voltage Coffee Supply as number 25 on its Inc. Regionals Rocky Mountain list. This list, which is the magazine’s third annual roundup of rapidly growing companies, identifies rising stars based in Colorado, Idaho, Montana, Nevada, Utah, and Wyoming. This regional showcase hones in on independent businesses and is a prestigious snapshot of companies that are making waves in this dynamic economy.
The Impressive Growth Rate of Voltage Coffee Supply
Companies that earned a spot on Inc.’s Regionals Rocky Mountain list had an average growth rate of 252% between 2018 and 2020. The 60 companies that made the list play a pivotal role in bolstering the region’s economy, with 4,176 jobs added in 2020. These burgeoning private companies also added a stunning $941.9 million in revenue to the economy of the Rocky Mountains. Businesses based in the Las Vegas, Nevada, Boise, Idaho, and Vail, Colorado areas had the overall highest growth rates, with Denver-based Voltage Coffee Supply recording an impressive 335% growth rate from 2018 to 2020.
Voltage Coffee Supply CEO, Taylor Ohlsen, states: “Voltage Coffee Supply is so much more than an online retailer; this company was founded in 2015 with a strong focus on end-to-end relationship building. We pride ourselves on sharing strong ties with our manufacturers, as well as our coffee shop owners, restaurant owners, and other customers. With that, our business has become uniquely positioned as a service liaison to both. We owe our company’s success to the trust upon which those relationships are built and the hard work and dedication of every member of our team. We are very excited about this recognition we are receiving from Inc. Magazine. We will continue to solve the most important problems in the coffee industry by equipping our customers with the right products and services for their needs.”
The Methodology Behind the Rankings
Inc. ranked companies for the 2022 Rocky Mountain list by percentage revenue growth from 2018 to 2020. To be eligible, companies must have been founded and revenue-generating by the deadline of March 18, 2018. These companies were required to be based in the United States, privately held, for-profit, and independent as of December 31, 2019. The minimum required revenue for 2018 was $100,000 and the minimum for 2020 was $1 million. To learn more about Inc. 5000 and the accompanying regional lists, please visit www.inc.com.