Bulu Makes Inc. 5000 List of America’s Fastest-Growing Private Companies
The subscription box service with headquarters in downtown Lincoln achieved a record 300% growth in 2019
Inc. magazine revealed today that Bulu, a subscription box solutions company headquartered in downtown Lincoln, has made the annual Inc. 5000 list.
The list is a prestigious ranking of the nation’s fastest-growing private companies, and 2019 makes this the third consecutive year Bulu has earned a place on the list. Fewer than 13 percent of companies who make the Inc. 5000 will achieve consecutive years on the list.
“At this level, most companies have started to level off their revenue growth, but in 2018 alone we tripled our client roster and our revenue,” Bulu CEO and co-founder Paul Jarrett said. “Rapid growth is the most fun and challenging period for our company so far and it makes being recognized for that mean so much more.”
The Inc. 5000 list represents a unique look at the most successful companies within independent small businesses in the U.S. economy. Microsoft, LinkedIn, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
Bulu was created in 2011 and launched in 2012, with its flagship program Bulu Box being one of the first subscription boxes to hit the market, pioneering the now-booming industry.
In 2016, Bulu created its “Turnkey Subscription Box Solutions” division to work with big brand companies on executing full or à la carte subscription box solutions. The company now works with brands like Disney, Clorox, and Buzzfeed.
The growth in the company led to expanding the warehouse with Bulu reaching peak staffing at 200 full-time positions. From 2017 to 2018 Bulu doubled total box shipments, resulting in tripling its annual revenue. Bulu continues to grow not only their business but also the Subscription Box industry by assisting in building the Subscription Box Trade Association. This record-breaking growth led to a banner year capped with a celebration of the Inc. 5000 ranking.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” Inc. editor-in-chief James Ledbetter said. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”