Cali Bamboo has been included on the “Inc. 5000 Fastest Growing Private Companies” list for the 10th straight year with a ranking of 2,370 for 2018. The company saw 2017 sales revenue grow to $101.1 million – an increase of 21.8% over 2016, and 183 percent for the past three years.
Each year Inc. recognizes the fastest growing private companies in America based on revenue over a three-year time frame. Inclusion on the list more than once, let alone 10 times in a row, is no easy feat. Of the tens of thousands of companies that apply, only a fraction have made the list more than once, and only half a percent have remained there 10 times.
Summer 2018 also saw Cali Bamboo notch its ninth year on the San Diego Business Journal’s annual Top 100 Fastest Growing Private Companies list, another elite grouping in which the company ranked #49.
“This amazing accomplishment goes out to our team,” says President and CEO, Doug Jackson. “We’re looking at 10 years of soaring revenue, but behind those numbers are the folks who everyday push for world-class products, a superior customer experience, and a company that truly values its people. That’s our not-so-secret formula, and it’s going to keep us on this list another 10 years.”
Cali Bamboo Founder and former CEO, Jeff Goldberg says, “I am so incredibly proud of Cali for joining the elite Inc. 5000 10x club while also crossing another milestone — the $100M+ club. The success of the company has exceeded my expectations when Tanner [Haigwood] and I started Cali Bamboo from the back of a van in 2004. I’m most proud of our mission of environmental sustainability which remains at the core of the company, and the foundation of a great culture which helps perpetuate our success. As 2017 was my last year as CEO, I’m thrilled that Doug Jackson now leads Cali to the next phase of growth in 2018 and beyond.”