Company: Launch Fulfillment Springville, UT
Company Description: "Launch Fulfillment is a leading provider of comprehensive 3PL fulfillment services, specializing in optimizing logistics operations for businesses of all sizes. With strategically located fulfillment centers in Utah and Kentucky, we offer seamless third-party fulfillment solutions to enhance your e-commerce business.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Fastest Growing Company of the Year - Up to 100 Employees
 Nomination Title: Launch Fulfillment's Historic Growth in the Logistics Industry
- Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the achievements of the nominated organization since January 1 2023, OR written answers to the questions for this category? (Choose one):
Written answers to the questions
- If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.
- If you are providing written answers for your submission, you must provide an answer to this first question: Briefly describe the nominated organization: its history and past performance (up to 200 words):
Total 186 words used.
Launch Fulfillment is a pioneering third-party logistics (3PL) provider that has transformed the e-commerce fulfillment landscape since its 2019 founding. In just five years, this innovative company has established itself as an industry leader through exceptional service and technological advancement.
- Exponential Growth: Revenue surged from $950,000 in 2020 to over $14 million in 2023—an extraordinary 1465% growth rate
- Industry Recognition: Earned prestigious placement on the Inc. 5000 list
- Market Leadership: Ranked as the fastest-growing logistics company in Utah, 10th fastest in the United States, and 8th fastest-growing company overall in Utah
- Strategic Footprint: Operates 100,000 square feet of warehouse space in Utah, 70,000 SQ FT in Kentucky, with recent international expansion into the U.K. with 140,000 SQ FT warehouse.
- Technological Edge: Leverages cloud-based inventory management, automated systems, and AI tools like Flymingo AI - the only warehouse in the country to utilize it in this manner.
- Comprehensive Solutions: Provides end-to-end fulfillment services including warehousing, order fulfillment, distribution, import/export coordination, and pallet shipping
- If you are providing written answers for your submission, you must provide an answer to this second question: Outline the organization's achievements since the beginning of 2023 that you wish to bring to the judges' attention (up to 250 words):
Total 216 words used.
Record-Breaking Growth & Recognition
- Inc. 5000 Distinction: Secured #292 on the INC 5000 list a coveted position on the prestigious Inc. 5000 list, validating our exceptional business model and execution
- Unprecedented Growth Rate: Achieved an astounding 1465% revenue growth over three years, scaling from $950,000 in 2020 to over $14 million in 2023
- Industry Leadership: Established as the fastest-growing logistics company in Utah, the 10th fastest-growing logistics company nationwide, and the 8th fastest-growing company overall in Utah
Operational Expansion & Innovation
- Infrastructure Scaling: Strategically expanded warehouse capacity at our headquarters, adding another 30,000 SQ FT to our already impressive warehouse in Utah.
- International Expansion: Acquired another 140,000 SQ FT of warehouse in the U.K., enhancing our value proposition to our clients both domestic and abroad.
Client Success & Market Impact
- Client Portfolio Growth: Substantially increased our client base across diverse e-commerce sectors, adding another 20+ brands to our portfolio with the top 10% of new additions being leaders in their respective industry.
- Partnerships & Enhanced Verticals: Improved our partnerships and expanded our verticals by implementing a new 3PL software called RocketFuel Recharge, offering a new software solution to others in the industry based on identified gaps.
- Retention Excellence: Maintained exceptional client retention rates through consistent service quality and proactive supply chain solutions.
- If you are providing written answers for your submission, you must provide an answer to this third question: Explain why the achievements you have highlighted are unique or significant. If possible compare the achievements to the performance of other players in your industry and/or to the organization's past performance (up to 250 words):
Total 249 words used.
Exceptional Growth in a Competitive Landscape
- Elite Inc. 5000 Placement: Securing position #292 on the Inc. 5000 list places Launch Fulfillment in the top 6% of America's fastest-growing private companies—a remarkable distinction that few logistics providers ever achieve
- 1465% Growth vs. Industry Average: While the 3PL sector has experienced healthy growth averaging 8-12% annually since 2020, Launch Fulfillment's 1465% revenue surge dramatically outpaces even the most successful industry competitors by more than 100X
- Regional and National Dominance: Our position as both the fastest-growing logistics company in Utah and the 10th fastest nationwide demonstrates exceptional performance against both regional competitors and national logistics giants
Strategic Expansion Beyond Industry Norms
- Accelerated Domestic Scaling: Adding 30,000 square feet to our Utah headquarters represents capacity expansion that typically takes established competitors several years to achieve and operationalize effectively
- International Market Entry: Our acquisition of 140,000 square feet in the U.K. is particularly significant as fewer than 15% of U.S.-based 3PLs successfully expand internationally within their first five years—positioning us uniquely for global growth
- Cross-Continental Service Offering: This international footprint provides our clients unprecedented access to both U.S. and European markets—a competitive advantage unavailable from most logistics providers of our size
- High-Value Client Acquisition: Attracting industry leaders among our new clients (with top 10% being category leaders) validates our superior service model and positions us as the preferred partner for premium brands.
- Software Development Leadership: Adding RocketFuel Recharge demonstrates our evolution beyond traditional 3PL services.
- You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):
Total 21 words used.
https://www.inc.com/inc5000/2024
https://launchfulfillment.com
https://parcelrecharge.com/
https://www.youtube.com/shorts/PL3ueAnjh9o
https://www.youtube.com/shorts/v2A_iipwiA8
https://parcelrecharge.com/1465-growth-no-292-on-inc-5000-how-launch-fulfillment-utilized-rocketfuel-to-recharge-their-revenue/
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