Fern Valley, KY, September 16, 2019 --(PR.com
)-- LEDMyplace, an online national supplier and distributor of LED lighting equipment, was ranked 546 in Inc. 5000’s annual ranking which is the most prestigious ranking of the nation's fastest-growing private companies.
With more than 10,000 products across 50 different categories such as LED Tubes
, LED Bulbs
and many more, LEDMyplace has emerged as a dominant player in the LED lighting industry.
Being recognized in the Inc. 5000 list is an affirmative stamp for the entrepreneurial spirit of LEDMyplace. This list is the yearly corporate digest looking at the most successful companies in America within its most dynamic small and midsized businesses. Companies of the likes of Microsoft, Dell, Domino’s, LinkedIn, Yelp, Zillow, and many other well-known companies were honourees of the Inc. 5000.
Founded in 2014, LEDMyplace has witnessed an incredible growth of 810% during the last three years. The revenue for 2018 stood at $7.3 Million. As a result, Inc. 5000 ranked then 546 on their2019 list. LEDMyplace is headquartered in Louisville, Kentucky, and ranks fourth out of all other Inc. 5000 companies in the state. They rank 14th amongst all the companies in the US energy sector ranked in the list.
According to the Department of Energy’s (DOE) 2016 study, Energy Savings Forecast of Solid-State Lighting in General Illumination Applications predicts that LED lighting will represent 86% of all lighting sales by 2035. LEDMyplace intends to leverage this massive adoption of the LED technology and become the market leader in this segment.
Rahul Anand, the enigmatic founder and owner behind the success of LEDMyplace, started with humble beginnings. In a matter of years, what started as door-to-door sales of general merchandise turned into a multimillion-dollar business.
Speaking on the development Anand said, “Making the Inc. 5000 list is a direct result of our team’s hard work and perseverance. We will continue to push our boundaries and scale new heights in our pursuit of becoming a $100 million company by 2022. We will achieve this by constantly introducing new products, streamlining our existing business processes and by maintaining an even deeper connection with our partners, vendors and most importantly, our customers.”
Anand further added, “This recognition has boosted the morale of the entire company, and we are determined to be among the top 100 fastest growing companies in subsequent years.”
After successfully getting a grip on the LED industry, Mr. Anand is now launching two more brands, BUILDMyplace and SOLARMyplace. BUILDMyplace will be dealing with everything related to home furnishing and SOLARMyplace will be a virtual store for every kind of product and service related to solar energy, including engineering, procurement and construction of the solar plant.
Launched in 2014 by Rahul, LEDMyplace
has all the LED lighting products and accessories you can think of. Exceptionally competitive pricing along with an attractive return policy, has allowed LEDMyplace to carve a niche for itself in the LED Lighting market.