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Alumni Businesses Named To Inc. 5000

Several Babson alumni businesses are among those named to the 2017 Inc. 5000 “annual ranking of the fastest-growing private companies in America.”

#62: Allego                                  

3-Year Growth: 5,401.50%

2016 Revenue: $5.7m

Industry: Software

Leadership:  Yuchun Lee MBA’96 & Mark Magnacca ’91

Makes a mobile sales learning platform to help workforces share content, master their pitch, and improve performance.

“Allego’s mission is to help sales and other professionals succeed by more effectively accessing, mastering and utilizing knowledge.

We accomplish this with

  • A mobile friendly sales learning platform that supports all three pillars of modern learning: curriculum, reinforcement, and just-in-time
  • A proven Blueprint Methodology to ensure teams successfully adopt and utilize our software
  • An organization-wide commitment to customer success, spearheaded by our Customer Success team.”

#220: Paint Nite                                      

3-Year Growth: 1,969.82%

2016 Revenue: $65.0m

Industry: Consumer Products & Services

Leadership: Daniel Hermann MBA’10

Hosts group painting parties, led by professional artists, in local nightclubs.

“Daniel Hermann and his buddy Sean McGrail loved going out to bars after work–and decided to add paint and a canvas to the experience. Using a licensing model, the company works with more than 250 “creative entrepreneurs” who book local artists to host painting events at bars and nightclubs across the United States. Today, more than 200,000 individuals participate in a Paint Nite event every month.”

#769: Chicken and Rice Guys  

3-Year Growth: 594.38%

2016 Revenue: $4.9m

Industry: Food & Beverage

Leadership: Ian So ’08, Jaemin Lee ’08

Operates four food trucks and a restaurant as well as offering catering services.

“When we opened our first food truck back in 2012, we had one goal: introduce you nomivores to the ridiculously delicious world of chicken and rice. With high quality ingredients, alluring aromas, and the seduction of self-saucing, we knew our halal grub would be a hit.

So far, we’ve launched a fleet of trucks, multiple restaurants, and a thriving catering business. Our next step? World domination! Just kidding. But we are working hard to find the next eating experience that will take over your world. Burger-Pizza-Burrito, we’re coming for you, buddy…

And thanks to you, we’re growing—so it’s only fair that we return the favor. We focus on hiring locally, nurturing our employees, and giving back to our community through local organizations.”

#1294: Virool                             

3-Year Growth: 317%

2016 Revenue: $12.2m

Industry: Advertising & Marketing

Leadership: Alexander Debelov ‘10

Develops a native video platform that allows companies to reach their desired target audience on the Web.

“There is a science to the placement of video creative, and we believe we’ve cracked it. Virool exists because we want to change the advertising experience and bring brand videos to the right people at the right time. We believe in advertainment, where advertising and entertainment converge in the powerful force that is video. We started out with a convenient video marketing solution for individuals and small businesses. Now, we work with some of the biggest brands and their agencies to distribute amazing video content to millions of people across the open web.”