Huntsville firm makes prestigious Inc. Magazine 5000 list

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Huntsville’s LaunchTech made the Inc. Magazine 5000 list for the second year in a row. (Huntsville-Madison County Chamber of Commerce)

Huntsville-based LaunchTech has been included on Inc. Magazine’s list of fastest-growing companies this year. This is the second consecutive year that LauchTech has made the prestigious list.

The Inc. Magazine 5000 list represents some of the most successful independent businesses in the country. Here’s why Launchtech made the list:

What the list is all about

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The Inc. Magazine 5000 has traditionally included some of the most successful independent businesses in the country. (Inc. via Facebook)

Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021.

LaunchTech ranked No. 42 overall on the annual Inc. 5000 list, up from No. 66 just a year ago. Additionally, LaunchTech took the top spot among honorees in IT services and those headquartered in Huntsville, and ranked No. 2 among companies located in Alabama.

The Inc. Magazine 5000 has traditionally included some of the most successful independent businesses in the country, many of which gained their first national exposure as honorees on the prestigious list – including Facebook, Chobani, Under Armour, Microsoft and Patagonia.

For LaunchTech, the journey to the list has been about making an impact as a solutions-driven organization. The company made its list debut in 2021, ranking No. 66 overall and No. 3 in IT management.

“The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated. Inc. is thrilled to honor the companies that have established themselves through innovation, hard work and rising to the challenges of today.”

Inc. Editor-in-Chief Scott Omelianuk

About LaunchTech

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LaunchTech CEO Venus Quates started the company in 2016 in Buffalo beofre moving the company to Huntsville. (LaunchTech)

Founded in 2016, Launchtech provides technology and mission support to clients in the public and private sectors. Since then, LaunchTech has attracted clients such as the Department of Defense and collaborated with global organizations such as Ernst & Young and engineering giant Jacobs Engineering Group Inc.

LaunchTech CEO Venus Quates relocted the business from Buffalo to Huntsville and established the Launching Scholars Initiative earlier this year to remove barriers, close gaps and offer access to girls 15-18 who are interested in technology, aviation and aerospace. The inaugural cohort sent 12 young women from the Huntsville, Birmingham, Memphis and New York areas to Space Camp.

“We are honored to join our peers for a second consecutive year on the Inc. 5000 list. Our company was built with an inclusive corporate culture focused on creating a space for diverse perspectives, backgrounds and skill sets. Representing Huntsville as the highest-ranking organization on the list and No. 1 in IT services is a testament to the impact of that diversity and dedication of our team.”

LaunchTech President and CEO Venus Quates

Quates, a former U.S. Air Force veteran and industry expert with over 25 years’ experience, has led enterprise technology transformation and strategic planning initiatives with billion-dollar Fortune 100/500 companies, financial institutions, aerospace and defense industry leaders. LaunchTech’s revenue growth rate soared 8,054 percent in the past three years under her leadership.

LaunchTech’s community impact was also recognized recently with a 2022 Best Place for Working Parents business designation by the Huntsville/Madison County Chamber.

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Michael Seale
Michael Seale
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