Pedego Electric Bikes Ranks Number 1,836 on the 2015 Inc. 5000 Annual List of America’s Fastest-growing Private Companies in Recognition of its Exponential Sales Growth
NEW YORK, Aug. 18, 2015 — Pedego® Electric Bikes is pleased to announced that it has been ranked Number 1,836 on Inc. magazine’s 33rd annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies. Pedego Electric Bikes grew 217 percent over the three-year period of 2011–2014. Companies including Yelp, Pandora, Timberland, Dell, Domino’s Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 5000.
“Pedego Electric Bikes is the fastest growing electric bike company in the world,” said Don DiCostanzo, co-founder and CEO of Pedego Electric Bikes. “We attribute our company’s amazing growth to the design excellence and unmatched quality of our bicycles, exceptional customer service and unparalleled brand loyalty among our thousands of customers and the 800 stores in 40 countries that sell Pedego Electric Bikes.”
The 2015 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 18 to September 22), is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year growth of 490 percent. The Inc. 5000’s aggregate revenue is $205 billion, generating 647,000 jobs over the past three years. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
“The story of this year’s Inc. 5000 is the story of great leadership. In an incredibly competitive business landscape, it takes something extraordinary to take your company to the top,” says Inc. President and Editor-In-Chief Eric Schurenberg. “The average company on the Inc. 5000 grew nearly six-fold since 2012. Business owners don’t achieve that kind of success by accident.”
The annual Inc. 5000 event honoring all the companies on the list will be held from October 21 through 23, 2015 in Orlando.
Pedego Electric Bikes, the world’s premier electric bicycle brand, transforms people’s lives with fun and an abundance of delightful moments. Pedego’s stylish, colorful bikes boast the latest in electric bicycle technology and deliver a green alternative for transportation, exercise and recreation. Riders sail up hills and breeze through headwinds! Pedego “pedal or not” models include the Comfort Cruiser, City Commuter and Trail Tracker. Hailing from Orange County, Calif., Pedego is the fastest growing electric bicycle company in the world. Pedego electric bikes are sold in more than 800 stores in 40 countries. For more information, please visit http://www.pedegoelectricbikes.com/.
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Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. For more information, visit www.inc.com.
The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation’s most successful private companies has become the hallmark of entrepreneurial success.