Inc. features 3 network marketing companies in list of fastest-growing privately held companies

Three network marketing companies - Tranont, Xyngular and ARIIX - have made it into the annual list of fastest-growing companies in the United States in 2019. All three companies were placed in the category of consumer products and services. Read on to learn more about each company.

Tranont produces nutritional supplements for improving health and well-being. The company was founded in 2013 and is based in Lehi, Utah. Tranont ranked 597th out of 5000 companies in the Inc. rating, with 744% growth over the past three years. Tranont made $14.9 million in revenue in 2018.

Xyngular is another company based in Lehi. Just like Tranont, Xyngular also produces nutritional supplements. The company has shown 126% growth since 2016, reaching an annual revenue of $111.5 million in 2018. Xyngular ranked 2976th in the rating.

ARIIX is the third network marketing company in the rating. With a 2018 revenue of $219.8 million, ARIIX ranked 3629th in the rating. The company showed 96% annual growth. The ARIIX product range includes nutritional supplements and personal hygiene products.

Each year, Inc. selects 5000 privately held companies that show the highest growth. The total 2018 revenue of all the companies in the new ranking adds up to $237.7 billion. On average, each company showed annual growth of 157.4%.