Austin-grown chemicals e-commerce firm ranked #396 among the top 5000 fastest-growing private American companies
AUSTIN – Lab Alley, a national e-commerce provider of high-purity lab chemicals and high-quality lab supplies, proudly announced its inclusion on the 2021 Inc. 5000 list of America’s most successful privately-held companies. Of the six-million private companies across the U.S. ranked for the Inc. 5000 list, Lab Alley debuted at a formidable #396 on the list, having experienced a 1216% three-year growth rate.
Unlike other similar lists based upon only a company’s net worth, the Inc. 5000 is an elite showcase of the most noteworthy company growth and development nationwide. Lab Alley ranked #12 of the 109 Austin-based companies that made this year’s list.
“This is the most thrilling, thriving period of our company’s history to date,” said Lab Alley CEO Fred Elabed. “We were a scrappy startup just five years ago, but we’ve grown at a remarkable rate. Austin is such a boomtown for entrepreneurial businesses – it’s awesome that Lab Alley measures up so well against so many fast-growing local companies!”
Elabed credits Lab Alley’s brilliant team for the company’s exceptional success and is currently seeking to add new talent to his workforce – including positions in accounting, customer service, marketing, and operations, as well as bringing on a new controller.
“We’re working hard to keep up with our extraordinary growth,” Elabed noted. “Not only are we increasing our hiring by 100%, but also, we’ve also recently launched an AutoShip option, conducted extensive client surveys, and enlarged our advisory board.”
Additionally, Lab Alley is currently working to expand its product portfolio by 200%, refresh the company’s brand and positioning, and revamp its website to include key features designed to enhance the user experience.
“We’ve got no intention of slowing down,” concluded Elabed. “Ranking within the Inc. 5000 is a genuine honor – we hope to keep on earning it for many more years yet to come.”
For more information on the 2021 Inc. 5000, please visit the Inc. 5000 webpage.
About Lab Alley
Founded in 2013 by e-commerce entrepreneurs Fred and Holly Elabed, Lab Alley has grown into a thriving family-owned-and-operated business headquartered in Austin, Texas. Our mission is to supply essential, daily-use products to our customers – on-budget and on-time, every time.
We consider every online order a professional interaction requiring and deserving of personal attention. So we strive to provide the easiest online ordering experience, the fastest delivery possible, superior quality and superior affordability, and safe handling with the utmost care.
Whether we are helping power science, advance research & development, facilitate innovation, create products, and/or safeguard the world, our friendly team is always hustling to meet our clients’ needs perfectly.
Lab Alley makes no representations, warranties, or covenants, either express or implied, or arising by statue, usage, or trade, custom or otherwise, of any kind with respect to the products we carry.