Kwikly Named to the Inc. 5000 List

Every year Inc. releases a list of the Top 5000 Fastest Growing Companies in the U.S. We are pleased to congratulate Traction Capital portfolio company, Kwikly, for making the list for the second year in a row! This year Kwikly was ranked #169, up from #491 last year.

Kwikly was the first investment in our fund back in 2021 and has had phenomenal growth ever since. In the past three years alone, the company has grown 3,132%! We are tremendously proud of Pedram Nastaean and Yomiyu Hirpa’s hard work and success.

In addition to their national ranking, Kwikly placed 3rd in the state and 24th in the Midwest. Last year the company was ranked 13th in the state and 26th in their industry.

Being named on Inc.’s Top 500 is a huge opportunity for growing the team and further establishing their brand name. Just last year, the list generated millions of impressions on the Inc website.

Make sure to follow Kwikly on LinkedIn to stay up to date on all other news and hiring opportunities.

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Scott litman

strategic growth partner

Scott Litman is a serial entrepreneur, advisor, and investor who brings decades of hands-on startup and growth experience to Traction Capital. With five successful company exits and a long list of accolades, he’s a driving force behind innovation and scale in Minnesota’s business community.

As a Strategic Growth Partner, Scott has an immense level of experience in entrepreneurship that he brings to Traction Capital.  He has gone from startup, funding, growth and exit five times (Imaginet Inc, Spot Buy Spot, Imaginet LLC, Magnet 360 & Lucy). In that time, he has received a number of honors & awards including E&Y Entrepreneur of the Year, Business Journal Titan of Technology, University of Minnesota Outstanding Achievement, Smart Business Dealmakers Hall of Fame, Twin Cities Business 100 People to Know / Watch (3 times), Minnesota Business The (Real) Power 50 and Business Journal 40 Under 40. Along the way, Scott has experienced being #1 in The Business Journals Fast 50, made the Inc 500 and has worked with over 25% of the Fortune 500.

Scott founded the Minnesota Cup, the largest state wide business plan competition in the US and has been on the Board of Advocates for Backpack, a student run marketing and communications agency out of the University of Minnesota.

Scott has served on the BOD, Advisory Board or been advisor to a number of startups that have had tremendous success including Enstratus (acquired by Dell), InStereo (acquired by Salesloft), HealthSimple (acquired by J&J), Hollywood Fashion Secrets (acquired by American International Industries), I See Me (acquired by The McEvoy Group) and more.