September 2, 2020 | PRESS RELEASES
Summerville, SC – South Carolina Research Authority (SCRA’s) SC Launch, Inc. Graduate Portfolio Company, TerraStride, Inc., made Inc. Magazine’s list of the 5,000 fastest-growing private companies in America for 2020.
TerraStride is 624th on the list for the US, fourth overall in the state of South Carolina, and also achieved a 751% growth in revenue from 2016 to 2019. It is the fastest-growing software company in the state to be listed by Inc., and the sixth fastest-growing software company in the South Carolina, North Carolina, and Georgia markets.
“We are extremely honored and humbled to have made the list this year. This ranking is a validation of a huge amount of dedicated and sustained work from everyone on our team. Without question, this was a group effort and I’m extremely proud to work with so many talented people who are experts at what they do,” said TerraStride CEO, Lanford Holloway.
“We are excited for TerraStride to receive this well-deserved recognition,” said SCRA Investment Manager, Lee MacIlwinen. “As one of our leading Portfolio Companies, having received two investments from SC Launch, Inc., TerraStride has demonstrated strong revenue and employee growth, and continues to support the entrepreneurial ecosystem here in the Midlands of South Carolina.”
The prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the US. The annual event honoring the companies on the list will be held virtually.
Chartered in 1983 by the State of South Carolina as a public, nonprofit corporation, South Carolina Research Authority (SCRA) fuels South Carolina’s innovation economy through the impact of its four programs. SC Academic Innovations provides funding and support to advance multi-institutional, translational research and accelerate the growth of university-based startups. SC Facilities offers high-quality laboratory and administrative workspaces for technology-based startups and academic institutions. SC Industry Solutions facilitates and funds partnerships between and among startups, industry, and academia. SC Launch mentors and funds technology-based startups that may also receive investments from SCRA’s investment affiliate, SC Launch, Inc.
TerraStride designs and produces products for two separate, but closely related market verticals: hunting/land management and large tract property sales. HuntStand is the world’s most widely used hunting app with more than 6 million downloads and millions of active users. The app affords full offline capabilities, nationwide property ownership information, multiple satellite base layers, detailed weather information, and advanced map creation and sharing capabilities. TerraStride Pro allows land brokers to conduct research and to create immersive interactive virtual tours of large tracts of land and is used by brokers in every state in the country.
Director of Marketing and Communications, SCRA
O: (854) 888-2033
C: (843) 277-7295