The fastest growing company types and examples of companies that have grown extremely fast within two years of launching are as follows:
### 1. Artificial Intelligence (AI) Companies
– **Perplexity AI**: Founded in 2022, this company has seen a 9,200% search growth, with a valuation between $2.5 and $3 billion. It offers a generative AI-powered conversational search engine that directly answers user queries.
### 2. Cybersecurity Companies
– **ZeroTier**: Founded in 2015, this platform has seen a 525% search growth. It is used to deploy and maintain secure peer-to-peer networks, supporting more than 2 million monthly active devices across 220 countries and territories.
### 3. E-commerce and Online Retail Companies
– **Givebutter**: Founded in 2016, this fundraising software startup provides various fundraising tools and has facilitated over $300M in donations by more than one million donors.
### 4. Health and Wellness Companies
– **Ryze Superfoods**: Founded in 2020, this health and wellness startup offers mushroom-based coffee blends. Their flagship product, Ryze Mushroom Coffee, has received over 100,000 5-star reviews.
### 5. Educational Technology and STEM Companies
– **Elegoo**: Founded in 2015, this Chinese manufacturing startup provides affordable robots, 3D printers, and other machinery to help students learn the basics of software and hardware combinations. It generated $200 million in revenue in 2023.
### 6. Renewable Energy Companies
– **Elegoo**: While primarily known for educational technology, Elegoo also supports renewable energy initiatives by providing affordable and functional 3D printers and other machinery.
### 7. Travel and Tourism Companies
– **Givebutter**: While primarily a fundraising software startup, Givebutter also supports travel and tourism by facilitating donations for various travel-related causes.
### 8. Online Gambling Services Companies
– **Online gambling services**: The industry has seen significant growth, with Americans wagering over $119 billion on legal sports betting in 2023, driving more than $10 billion in revenue.
### 9. Construction Companies
– **Construction industry**: This sector is in constant demand and is tied to other growing industries such as green energy.
### 10. Food and Beverage Companies
– **Ryze Superfoods**: This health and wellness startup offers mushroom-based coffee blends, which have received significant consumer interest and positive reviews.
### 11. Real Estate Companies
– **Industrial real estate**: This sector involves properties used for industrial activities, such as manufacturing, distribution, and storage. It is often tied to the expansion of e-commerce and global supply chains.
### 12. Virtual Reality Companies
– **Virtual reality**: This industry is expected to grow significantly by 2030, driven by advancements in technology and consumer demand.
### 13. Internet of Things (IoT) Companies
– **Internet of things**: This industry is also expected to grow rapidly by 2030, driven by the increasing adoption of smart devices and technologies.
### 14. Gene Editing Technology Companies
– **Gene editing technology**: This sector is expected to experience a massive boom, with applications in healthcare and other fields.
### 15. Pet Food and Products Companies
– **Pet food and products**: The trend of “humanizing” pets has led to significant growth in the pet food and product industry, with companies like Chewy expected to benefit from sustained market leadership.
### 16. Electric Vehicle (EV) Companies
– **Electric two and three-wheel vehicles**: This sector is expected to experience a boom globally, driven by the increasing popularity of scooters, e-bikes, and e-motorcycles.
### 17. Quantum Computing Companies
– **Quantum computing**: This technology is expected to go mainstream by 2030, potentially revolutionizing various industries and changing our understanding of the world.
### 18. Online Get Rich Quick Training Courses
– **Online get rich quick training courses**: These courses are expected to see significant growth as more people seek financial independence and entrepreneurship opportunities.
### 19. Private Armies
– **Private armies**: As wealth inequality increases, the demand for private armies to protect and manage wealth is expected to grow.
### 20. Sex as a Service Companies
– **Sex as a service**: This industry is expected to remain in demand, driven by the increasing acceptance and normalization of sex work.
These company types and examples illustrate the diverse and rapidly growing industries that are shaping the global economy.
