We are honored to make Forbes’ America’s Most Promising Companies list for the second consecutive year. It’s a testament to our passionate team, socially-focused vision and long-term strategy to receive this humbling recognition.
Los Angeles, Calif. (PRWEB) February 06, 2013
HUMAN Healthy Vending (http://www.healthyvending.com), the nation’s leading franchisor of healthy vending machine businesses, announced today that it made Forbes’ prestigious list of America’s Most Promising Companies for the second consecutive year with a ranking of No. 44. Forbes’ America’s Most Promising Companies list features 100 privately held, high-growth companies with bright futures. HUMAN Healthy Vending is the only vending company to make the list and is one of only ten companies to rank in the top 50 for the past two years.
HUMAN Healthy Vending places high-tech and eco-friendly machines that vend healthful snacks and beverages, including fresh fruit and locally-sourced products, in schools, gyms, hospitals and corporate locations around the world. With the USDA’s recent proposal to improve the nutritional quality of snack foods sold in school vending machines, a la carte and in student stores, schools across the nation will be turning to healthy vending to assist them with compliance and improved student performance.
Since 2009, HUMAN Healthy Vending has averaged more than 100% growth annually, and, with a rapidly growing network of almost 1,500 healthy vending machines in the field, it is getting closer and closer to achieving its vision: “to make healthy food more convenient than junk food.”
“We are honored to make Forbes’ America’s Most Promising Companies list for the second consecutive year,” said Sean Kelly, CEO & co-founder of HUMAN who ranked on Forbes’ 30 Under 30 list in 2012. “It’s a testament to our passionate team, socially-focused vision and long-term strategy to receive this humbling recognition.”
Methodology for Choosing America’s Most Promising Companies:
One metric never says it all. For the Most Promising list, FORBES strove for a holistic gauge of young, privately-held companies, trying to pin down their trajectories by looking at a slew of variables. Over the course of six months FORBES reviewed thousands of applications. The final assessment is based on growth (both in sales and hiring), quality of management team and investors, margins, market size and key partnerships. FORBES turned to CB Insights, a Manhattan-based data research firm that specializes in assessing private companies, to refine the search. Their MOSAIC software scans 45,000 sources to measure a company’s health. A new distribution deal, for example, marks a positive signal, while the loss of an executive is a negative. MOSAIC gathers those myriad signals into a final score that FORBES uses as an initial guide in producing the list. After verifying sales numbers, speaking with each company and debating their merits and blemishes, FORBES produces a final ranking.
The complete list of Forbes’ America’s Most Promising Companies can be found at http://www.forbes.com/ampc and in the February issue of Forbes Magazine, which is available on newsstands now.
About HUMAN Healthy Vending
HUMAN (Helping Unite Mankind and Nutrition) Healthy Vending’s mission is to make healthy food more convenient than junk food. HUMAN accomplishes this by placing high-tech and eco-friendly vending machines that only vend better-for-you foods and drinks, including fresh produce and locally-sourced foods, in schools, hospitals, gyms and corporate locations across the world. In addition to providing healthful food options, HUMAN machines provide nutrition education via high-definition LCD screens that display streaming videos and other digital content. HUMAN currently has more than 1000 machines placed across the United States, Canada and Puerto Rico.
HUMAN Healthy Vending has been ranked by Entrepreneur as one of its “Top 100 Brilliant Companies” and by Forbes as one of “America’s Most Promising Companies” (two years in a row).
HUMAN donates 10% of its proceeds to charities that fight the causes of childhood obesity and malnutrition, with a predominate recipient of those funds being HUMAN’s non-profit charity arm, HUMAN Everywhere. HUMAN Everywhere’s mission is to leverage the power of social entrepreneurship to improve the nation’s collective health by increasing access to nutrition education and healthful foods while advocating for public policy that contributes to these goals.