Decathlon Capital Portfolio Companies Make the Inc. 5000

Decathlon Capital’s revenue-based financing solutions help companies accelerate growth, drive value and realize their objectives without any dilution or loss of control, so we’re proud to announce that five of our portfolio companies have made this year’s prestigious Inc. 5000 list of the fastest-growing private companies in the United States.

#178 – Tricopian (DBA FuelRod). Led by CEO Chi Yau, this California-based company has a 3-year revenue growth rate of 2,172% as it debuts on the Inc. list in the top decile of fastest-growing companies. FuelRod manufactures and markets a reusable, portable charging system for mobile devices on the go. A unique selling point is that users can either recharge the product or exchange it for a freshly charged one from automated kiosks all over the country. We first worked with the company in late 2017 and have done multiple subsequent tranches in support of its growth since.

 

#2040 — J.W. Logistics. Led by CEO Jim Wicker, this Texas-based company has a 3-year revenue growth of 197% and has been on the Inc. 5000 list since 2015 when it debuted at #46. The company provides critical “last mile” services in the transportation and logistics sector, which has boomed as the retail supply chain has changed. JW Logistics uses cutting edge technology solutions for high-process efficiency and communications. We first partnered with J.W. Logistics in late 2013 and have funded several subsequent tranches in support of its growth over the last six years.

 

#2268 — Murphy Door. Making their debut on the Inc. list, this Utah-based door manufacturer has a 3-year revenue growth rate of 177%. Led by Jeremy Barker, Murphy Door designs and manufactures residential interior doors that also provide shelving and storage. The company has used Decathlon’s funding to drive significant revenue growth with nearly $6 Million in 2018 sales, and we are excited to continue supporting the Murphy team along their outstanding growth trajectory.

 

 

 

#2586 – Myrtle Consulting Group. Appearing on the Inc. 5000 list for their fourth year in a row, this Texas-based operations consulting company is dedicated to helping global manufacturing organizations transform their operational performance. Myrtle’s Chief Executive, Edwin Bosso, led the firm to almost $25 Million in revenues during 2018, and helped them record a 3-year growth rate of 151%. Founded in 2012, Myrtle plans on continuing along the growth curve and is looking forward to the coming years.

 

#2967 – SleepQuest. Returning to the Inc. list after an initial 2007 appearance, this California-based sleep apnea care management platform recorded a 3-year revenue growth rate of 126% and achieved over $12.5 Million in sales during 2018. Led by Robert Koenigsberg, the company offers comprehensive sleep apnea services from diagnosis through continuing care. With at home testing, supplies delivered right to your door and ongoing telehealth consultations, the SleepQuest approach is based around their patients’ lives – not the other way around. SleepQuest was one of Decathlon’s first investments back in 2013, and we are thrilled to see how the company’s vision has manifested. 

 

For Decathlon, these companies are illustrative of what we do both as individual investments and as a group. While this year’s Inc 5000 portfolio companies are different sizes, operate in a wide variety of sectors, and are located in different regions, each company has leveraged revenue-based funding to help accelerate growth without having to suffer any dilution or be bound by overly restrictive financial covenants. Whether they have been selected for Inc.’s list over several consecutive years or are making their debut with plans of staying, this achievement testifies to the strength of their business models and management acumen. We congratulate all of them, and look forward to their continued success.