Ten South Dakota businesses are ranked in the Inc. 5000 list. See which made the cut.

Trent Abrego, Sioux Falls Argus Leader
·4 min read
Inc. 5000 logo
Inc. 5000 logo

Ten South Dakota businesses made the Inc. 5000 list, which names the fastest-growing private companies in the country.

The list is determined based on the percentage of revenue growth over a three-year period. To qualify, companies were required to be founded and generating revenue dating back to 2018. They also must be U.S.- based, privately held, for-profit and independent (not subsidiaries or divisions of other companies).

It first started as Inc. 500 in 1982, but expanded in 2007 to give "readers a deeper, richer understanding of the entrepreneurial landscape and capturing a broader spectrum of success."

Of the 5,000 businesses on the list, there was a median growth of 230% and a total of $317.5 billion in revenue. There were more than 1.17 million jobs created.

There were 2,915 repeat honorees on the list, and 695 of them businesses were newly-founded.

The South Dakota companies had an average of 340% growth, generating more than $274 million in total revenue and adding 224 jobs

BlockFi, a financial service company out of New Jersey was the top company on the list and had a growth rate of 245,616%.

Here are the South Dakota companies that made the list.

Rising Hope Counseling

  • Rank: 598

  • Growth: 1,062%

  • Industry: Health Services

  • City: Pierre

Rising Hope Counseling has locations across the state of South Dakota, including telehealth options. The mental health management services company offers a number of services including therapy, anger management, counseling for mental health, life transitions, LGBTQIA+ individual therapy and more. A full list of the services can be found here.

Vanilla Bean Kings

  • Rank: 614

  • Growth: 1,030%

  • Industry: Food and beverage

  • City: Hartford

Vanilla Bean Kings is a South Dakota-based online store that provides vanilla beans from around the world to consumers, restaurants, breweries and wholesale clients, according to the Inc. 5000. The company started in 2015 and is led by Taylor Ernster. In the 2021 Inc. 5000 list, the company ranked in at 209.

Brandon Maddox, CEO of Silencer Central, celebrates the company's place on the Inc. 5000 List of fast-growing businesses on Tuesday, August 16, 2022, in Sioux Falls.
Brandon Maddox, CEO of Silencer Central, celebrates the company's place on the Inc. 5000 List of fast-growing businesses on Tuesday, August 16, 2022, in Sioux Falls.

Silencer Central

  • Rank: 1,309

  • Growth: 497%

  • Industry: Consumer Products

  • City: Sioux Falls

Silencer Central started in 2005 and makes high-end gun suppressors. The company is led by Brandon Maddox and it was the company's first appearance on the Inc. 5000.

More: Silencer Central, lawmakers celebrate Inc. 5000 ranking

Coop's Pretzels

  • Rank: No. 1,631

  • Growth: 386%

  • Industry: Food and beverage

  • City: Sioux Falls

For the second time in as many years, Coop's Pretzels made the Inc. 5000. Last year, the company ranked 680 on the list. The company started in 2015 and is led by Nolan Wiese, according to the Inc. 5000. Coop's Pretzels makes seasoned pretzels and other retail snacks and distributes across the country and Canada.

Laurie Karlson, owner of LaurieBelles Boutique in Tea, Oct 29, 2014.
Laurie Karlson, owner of LaurieBelles Boutique in Tea, Oct 29, 2014.

Lauriebelles

  • Rank: 1,708

  • Growth: 363%

  • Industry: Retail

  • City: Tea

Started in 2013, the Tea-based women's clothing company is led by Laurie Karlson. The brand has three locations, including one in the Empire Mall, 206 S. Phillips Avenue and in Tea. It's the company's first appearance in the Inc. 5000. The business created a 15,000 square-foot warehouse in the spring of 2019, according to the company's website.

American Consumer News

  • Rank: 1,909

  • Growth: 317%

  • Industry: Financial Services

  • City: Sioux Falls

American Consumer News, which does business as MarketBeat, provides financial data to "empower investors to make better trading decisions through real-time financial data and objective market analysis," according to Inc. 5000. The business started in 2008.

CEGA Innovations

  • Rank: 2,120

  • Growth: 282%

  • Industry: Health services

  • City: Sioux Falls

CEGA Innovations is a healthcare company that offers products and services to hospitals, clinics and ambulatory centers, according to Inc. 5000. The business was created in 2012. The company is "focused on bringing to market products and services that assist hospitals, clinics and ambulatory care centers," according to the company's bio.

Roto Mold

  • Rank: 3,181

  • Growth: 167%

  • Industry: Manufacturing

  • City: Tea

Started in 1999, Roto Mold is a custom rotational molding company that produces gas tanks, bait boxes, roping steers and deer feeders. Roto Mold works in accordance with Ruff Tough Kennels and Filletmaker.

Weisser Distributing

  • Rank: 3,515

  • Growth: 142%

  • Industry: Retail

  • City: Tea

Since starting in 1978, Weisser Distributing has grown exponentially. The company ranked inside the Inc. 5000 dating back to 2015. Weisser Distributing is an e-commerce retailer of private labels and third-party branding. Some vendors include 3M, Dupont, Dewalt, WD-40 and more.

Northland Sheds

  • Rank: 4,520

  • Growth: 97%

  • Industry: Manufacturing

  • City: Milbank

Started in Milbank in 2008, Northland Sheds is a family-owned business that creates storage sheds, cabin shells, garages, dog kennels, chicken coops and greenhouse sheds. It's the company's first appearance on the Inc. 5000.

This article originally appeared on Sioux Falls Argus Leader: Inc. 5000 list: See which 10 South Dakota businesses are ranked