WALNUT CREEK, Calif., May 8, 2019 /PRNewswire-PRWeb/ -- The Women Presidents' Organization (WPO) has announced the 12th annual ranking of the 50 Fastest-Growing Women-Owned/Led Companies™. Winners were announced during the WPO Annual Conference, held this year in Charlotte, NC. The companies featured on this year's list span a wide variety of industries, including technology and finance, emerging sectors for women. Aggregate revenues of the 50 companies are $5.9 billion, representing a significant impact towards women-led companies' contribution towards the global economy.
For its fourth year in a row, Maximum Games, based in Walnut Creek, CA, has made the esteemed list, this year being ranked #11. Headed by CEO Christina Seelye, Maximum Games is one of the top 20 video game publishers in the world. Maximum Games employs over 50 people in the US and UK.
"I am delighted that this year our rankings show that women entrepreneurs are branching out into every sector of business," said WPO President and Founder Dr. Marsha Firestone. "We are also very encouraged that companies of all sizes, such as Maximum Games, are represented. Some smaller but very successful companies demonstrated significant growth this year."
"Being amongst the many women-owned businesses recognized by WPO is a huge honor and I am beyond proud to be included for the fourth year in a row," said Christina Seelye. "It's also very encouraging to see more women in industries that break gender stereotypes."
All eligible companies included in this year's list were ranked according to a sales growth formula, combining percentage and absolute growth.
Additional facts about the 2019 50 Fastest Growing Women-Owned/Led Businesses:
- Average age of women-owner/leader is 50, younger than the average age of 51 last year
- Aggregate revenue is $5.9 billion
- Average 2018 revenue was $117.1 million
- Average number of employees on first day: 9; projected average for 2019: 492
- Funding sources at company start:
1. 78% with their own funds
2. 22% with funds from friends and family
3. 6% with a bank loan
4. 6% with a line of credit
5. 4% with a credit card
6. 8% with private investors/angels
All 50 companies were honored at a special event at the 2019 WPO Annual Conference at the Westin Charlotte on Thursday, May 2, 2019. Following the luncheon and awards ceremony, WPO hosted a "Guide to Growth" discussion featuring a selection of 50 Fastest winners sharing advice for established entrepreneurs working to increase businesses.
About Capital One
Capital One Financial Corporation is headquartered in McLean, Virginia. Its subsidiaries, Capital One, N.A. and Capital One Bank (USA), N. A., offer a broad spectrum of financial products and services to consumers, small businesses and commercial clients. We apply the same principles of innovation, collaboration and empowerment in our commitment to our communities across the country that we do in our business. We recognize that helping to build strong and healthy communities – good places to work, good places to do business and good places to raise families – benefits us all and we are proud to support this and other community initiatives.
About The Women Presidents' Organization
The WPO is the premier peer advisory organization connecting women who own multi-million-dollar companies. In monthly meetings across six continents, chapters of 20 women presidents from diverse industries invest time and energy in themselves and their businesses to drive their corporations to the next level. Local WPO chapters are coordinated by a professional facilitator and meet monthly to share business expertise and experience in a confidential setting. For more information, contact 212-688-4114 or visit http://www.womenpresidentsorg.com. Follow the WPO on Twitter @womenpresidents and Facebook @TheWPO.
About Maximum Games
Maximum Games is a top 20 full-service publisher and curator of quality games across all major platforms and global markets. The company is dedicated to its never-ending pursuit to bring unique gameplay experiences to consumers worldwide through strategic partnerships and a hands-on approach to publishing, marketing and distribution. For more information, visit http://www.maximumgames.com.
SOURCE Maximum Games
Share this article