Logo courtesy of Babylon Micro-Farms
Business media brand Inc. announced that Babylon Micro-Farms is No. 1009 on the annual Inc. 5000 list, a ranking of the fastest-growing private companies in America. The list provides a data-driven snapshot of the most successful independent, entrepreneurial businesses.
Past honorees include companies such as Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle and Patagonia. Babylon Micro-Farms finished No. 1 among companies headquartered in Richmond, Virginia, placed No. 39 in the state, and ranked No. 95 nationally in the Business Products & Services category.
"Babylon Micro-Farms has grown from a local startup to a recognized leader in sustainable indoor farming, managing more than 375 farms across the U.S. and internationally through its proprietary Guided Growing platform," the company said in a news release. "Dedicated to bringing the farm directly to people and inspiring a deeper connection to fresh, delicious food and how it’s grown, the company was named to the 2025 FoodTech 500 list of the world’s most innovative AgriFoodTech companies; expanded partnerships with leading institutions such as the U.S. Olympic & Paralympic Committee, Mayo Clinic, Sunrise Senior Living and JW Marriott; and launched the STEM Garden to bring hands-on agricultural education to classrooms nationwide. These efforts have also earned recognition for aligning with WELL, LEED and AASHE standards."
Babylon Micro-Farms, which was founded in 2017, can be found worldwide, and its major partners include American Airlines, Green Bronx Machine, Intuit Dome, JW Marriott, LinkedIn, Mayo Clinic, MSC Cruises, SAP, United States Olympic and Paralympic Committee, University of Virginia and World Bank.
“We are incredibly honored to make the Inc 5000 of fastest growing privately held companies as our solution for indoor on-site vertical farming has been expanding extensively across 4 key sectors — health care, corporate dining, education and hospitality,” said Babylon Micro-Farms CEO Marc Oshima. “We want to thank our amazing customers, partners and incredible team who are all incredibly aligned to our mission of bringing the farm to you, inspiring a greater connection with fresh, delicious produce and how it is grown.”
Among the top 500 companies on the list, the median three-year revenue growth rate reached 1,552%, and those companies have collectively added more than 48,678 jobs to the U.S. economy over the past three years.
For the full list, company profiles and a searchable database by industry and location, visit inc.com/inc5000.
“Making the Inc. 5000 is always a remarkable achievement, but earning a spot this year speaks volumes about a company’s tenacity and clarity of vision,” said Inc. Editor-in-Chief Mike Hofman. “These businesses have thrived amid rising costs, shifting global dynamics and constant change. They didn’t just weather the storm — they grew through it, and their stories are a powerful reminder that the entrepreneurial spirit is the engine of the U.S. economy.”
Inc. will celebrate the honorees at the 2025 Inc. 5000 Conference & Gala Oct. 22–24 in Phoenix.
Companies on the 2025 Inc. 5000 are ranked according to percentage revenue growth from 2021 to 2024. To qualify, companies must have been founded and generating revenue by March 31, 2021. They must be U.S.-based, privately held, for-profit and independent — not subsidiaries or divisions of other companies — as of Dec. 31, 2024. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2021 is $100,000; the minimum for 2024 is $2 million.
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