Torch Technologies was recognized today for the second consecutive year as one of the “Best Entrepreneurial Companies in America” by Entrepreneur magazine’s Entrepreneur360™ List, a premier study delivering the most comprehensive analysis of private companies in America. Based on this study forged by Entrepreneur, Torch is recognized as a well-rounded company that has mastered a balance of impact, innovation, growth, leadership, and value. Torch ranked #11 out of 360 organizations this year, up from #16 last year.
“We are proud to have again been recognized by Entrepreneur magazine for our unique approach to innovation, growth, leadership, and culture,” says Torch President John Watson. “Our continued success as a 100% employee-owned company is thanks to our employee-owners. We are fortunate to be part of a growing group of exceptional people who are innovative and bright, and who make Torch a great place to work.”
“Our annual evaluation of vetted data offers a 360-degree analysis of top privately-held companies across a multitude of industries,” explains Jason Feifer, editor in chief of Entrepreneur Magazine. “They are deemed successful not only by revenue numbers, but by how well-rounded they are. The companies that make the list have pushed boundaries with their innovative ideas, fostered strong company cultures, impacted their communities for the better, and increased their brand awareness.”
Honorees were identified based on the results from a comprehensive study of independently- owned companies, using a proprietary algorithm and other advanced analytics. The algorithm was built on a balanced scorecard designed to measure five metrics reflecting major pillars of entrepreneurship—innovation, growth, leadership, impact, and business valuation.
For additional details on the E360 List and the companies recognized, visit: entrepreneur.com/360