A gazelle company is a high-growth business characterized by increasing its revenues by at least 20% annually for four years or more. This rapid growth often starts from a base of at least $1 million. They are typically young, small, to medium-sized enterprises vital for job creation, innovation, and economic growth. Gazelle companies are often found in technology sectors but can exist in any industry.
Gazelles comprised only 4% of all U.S. companies but accounted for 70% of all new jobs.
David Birch, author and economist
In Simpler Terms
Have you ever seen a local business suddenly becoming everyone’s go-to spot, expanding to multiple locations across the city in just a couple of years? That’s a gazelle company. These companies start small but grow rapidly, often outpacing their competitors and shaking the industry with innovative products or services.
