Des Moines, Iowa-based BLK & Bold – the social-enterprise, specialty coffee and tea manufacturer – was named within the top 100 (at No. 61) of the prestigious Inc. 5000 Fastest Growing Company List.
The Inc. 5000 class of 2023 represents companies that have rapid revenue growth while navigating inflationary pressure, the rising costs of capital and hiring challenges. This data-driven ranking assesses successful companies within the economy's most dynamic segment – private-owned, entrepreneurial businesses.
The recognition serves as a milestone achievement for BLK & Bold, according to the company.
“As we reflect on our placement in the Inc. 5000 list, we understand that this journey is a reflection of our intentional partnerships, community impact, and affirmation of the path we've manifested,” said BLK & Bold Co-Founder and CEO Pernell Cezar. “This achievement reflects our enduring commitment; this is how we continue to build a legacy and disrupt linear expectation with purpose, one cup at a time.”
BLK & Bold Co-Founder and Chief Values Officer Rod Johnson noted: "Being recognized on the Inc. 5000 list is a true honor and a reflection of our team's hard work, our commitment to our community, and the power of purpose-driven business. It feels good to continue to grow without wavering on who we are; we continue to show up with value to our community and ourselves, and that means everything.”
BLK & Bold is a Certified B-Corp and is currently distributed in 11,000 retailer stores and foodservice via corporate and higher-ed campuses. The company is also committed to supporting youth-focused initiatives. In its five years since inception, BLK & Bold and its team have kept true to their mission of building positive community impact. Through its For Our Youth program, the brand continues to donate five percent of gross profits to 14 organizations with aligned values across the United States. Every purchase of BLK & Bold products contributes to these initiatives, making it a platform for change.
The Inc. 5000 list evaluates companies based on their revenue growth over a three-year period. BLK & Bold's ranking at No. 61 is a testament to its strategic vision, operational excellence, and the strong relationships it has fostered with its customers and partners, the company noted.
Beyond this accomplishment, BLK & Bold also excelled in distinct categories; ranking No. 4 in the food and beverage industry, No. 2 amongst Certified B-Corporations, No. 1 position for the state of Iowa, and No. 8 in the U.S. Midwest overall.
To learn more about BLK & Bold, visit BlkandBold.com.
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