WESTPORT, CT--(Marketwired - Aug 19, 2016) - The Saatva Company, America's fastest growing online-only luxury mattress brand, has landed the #316 spot on the Inc. 500/5000 2016 list, an exclusive ranking of the fastest-growing private companies in America. Saatva is the top ranking Connecticut based-company out of 41 on the list, and ranks #21 out of 160 retail companies, nationwide.
In just five years of business, this is the company's second consecutive ranking within the list's top 500, having reached $76M in revenue in 2015 and on pace to exceed $180M in 2016. The Saatva brand has become a leading company to watch in the mattress industry, as well as in the burgeoning direct-to-consumer category, and the company joins other hot brands like Dollar Shave Club, Twilio, and Square in the top 500.
"The last few years have been a very exciting time for The Saatva Company, and making it on this list for the second time speaks a great deal to our product innovation, our unique level of customer service, and to our incredibly determined team," said CEO and co-founder, Ron Rudzin. "We're very honored to be in great company on this list."
Saatva is a new kind of mattress company, that designs, manufactures and delivers luxury innerspring, memory foam and latex mattresses at half the price of in-store brands. Launched in 2010, Saatva was one of the very first online-only mattress brands in the industry, and its product innovation, logistics, national infrastructure and leadership have helped pave the way for the now thriving mattress category. Since then, the company has grown into one of the largest online-only mattress companies in North America with its three product lines:
"With the shifts in the retail category in recent years, we've worked hard to stay ahead of that curve and bring a great experience to our increasingly discerning customers, and I think that our retail ranking is proof of how our approach has worked," said co-founder and CMO, Ricky Joshi. "The continued and immense success of each of our products lines, combined with another ranking on this list, shows a longevity in our model, the service we've built, and that we're doing something right."
About The Saatva Company
The Saatva Company is devoted to customer relationships built on providing the best buying experience over a lifetime of mattress purchases and ensuring that the customer will never have to go to a mattress store again. The company designs and delivers luxury mattresses through 18 U.S. and Canadian-based factories and over 120 fulfillment centers. By cutting out the middleman and retail store markups in the traditional supply chain, The Saatva Company is able to provide a luxury product at a significantly lower cost than other retailers, with a lot less hassle for customers. For more information, visit www.saatva.com.
About Inc. 500/5000
The Inc. 500 is an annual list of the 500 fastest-growing private companies in the United States. Expanded to include the nation's top 5000 fastest-growing private companies, the list features a special ranking for the top 10% of the list known as the Inc. 500. Ranked according to the percentage revenue growth over a three-year period, companies must be based in the United States and independently held.