Women Presidents’ Organization & Capital One Honor Koya.
Newburyport, MA, May 7, 2019 – The Women Presidents’ Organization (WPO) has announced the 12th annual ranking of the 50 Fastest-Growing Women-Owned/Led Companies™, and Koya Leadership Partners was named a winner. Award recipients were announced during the WPO Annual Conference, held this year in Charlotte, NC. The companies featured span a wide variety of industries, including technology and finance, emerging sectors for women. Aggregate revenues of the 50 companies are $5.9 billion, representing a significant impact towards women-led companies’ contribution towards the global economy.
Koya, a leading executive search and strategic advising firm dedicated to mission-driven searches, has been ranked 44th among this year’s WPO 50 Fastest-Growing Women-Owned/Led Companies list. This is the first year that Newburyport, MA-based Koya has been named to this esteemed list. They were selected for their consistent growth and ongoing successes.
“It’s a tremendous honor to have been recognized as one of the country’s top 50 fastest-growing women-owned and led organizations. We are proud to be included among such a prestigious group of companies helmed by strong, capable, smart women. We employ and empower talented, dynamic, and diverse women here at Koya, and we’re deeply committed to placing brilliant, experienced, passionate, and diverse women (and men) in roles that drive positive social change,” said Koya Founder & CEO Katie Bouton.
“Koya was founded on a single belief—the right person in the right place can change the world,” Bouton continued. “Our ongoing success and consistent growth are truly due to the importance of—and our commitment to—our mission.”
“At Capital One, we are passionate about supporting women business owners and leaders,” said Jenn Flynn, Head of Small Business Bank at Capital One. “The rise in women-owned businesses is an exciting trend to watch. These women are a real force, as reflected in the WPO 50 Fastest winners, and they are inspiring others to achieve great levels of success.”
“I am delighted that this year our rankings show that women entrepreneurs are branching out into every sector of business,” said WPO President and Founder Dr. Marsha Firestone. “We are also very encouraged that companies of all sizes, such as Koya are represented. Some smaller but very successful companies demonstrated significant growth this year.”
All eligible companies were ranked according to a sales growth formula, combining percentage and absolute growth. To qualify for the ranking, businesses are required to be privately held, woman-owned/led companies and have reached annual revenues of at least $500,000 as of 2013 and every subsequent year. Applicants are not required to be WPO members.
Additional facts about the 2019 50 Fastest Growing Women-Owned/Led Businesses:
- Average age of women-owner/leader is 50, younger than the average age of 51 last year
- Aggregate revenue is $5.9 billion
- Average 2018 revenue was $117.1 million
- Average number of employees on first day: 9; projected average for 2019: 492
- Funding sources at company start:
- 78% with their own funds
- 22% with funds from friends and family
- 6% with a bank loan
- 6% with a line of credit
- 4% with a credit card
- 8% with private investors/angels
All 50 companies were honored at a special event at the 2019 WPO Annual Conference in Charlotte, NC. Following the luncheon and awards ceremony, WPO hosted a “Guide to Growth” discussion featuring a selection of 50 Fastest winners sharing advice for entrepreneurs working to increase businesses.
About Koya Leadership Partners
Koya Leadership Partners is a leading executive search and strategic advising firm dedicated to leading mission-driven searches. Koya was founded in 2004 on a single belief—the right person in the right place can change the world—and is deeply committed to its clients and the missions they serve. Koya has been ranked in the top 25 executive search firms on Forbes’ “America’s Best Executive Recruiting Firms” list for three consecutive years (2017, 2018 and 2019). Koya is, once again, the top-ranked firm on the list that’s exclusively leading mission-driven searches. Additionally, Koya has been honored as one of the top 50 fastest growing women-owned businesses by the Women Presidents’ Organization and Capital One. The firm’s Founder and CEO, Katie Bouton, was named a finalist for EY’s Entrepreneur of The Year 2018 New England Awards. For more information, visit www.koyapartners.com.
About Capital One
Capital One Financial Corporation is headquartered in McLean, Virginia. Its subsidiaries, Capital One, N.A. and Capital One Bank (USA), N. A., offer a broad spectrum of financial products and services to consumers, small businesses and commercial clients. We apply the same principles of innovation, collaboration and empowerment in our commitment to our communities across the country that we do in our business. We recognize that helping to build strong and healthy communities – good places to work, good places to do business and good places to raise families – benefits us all and we are proud to support this and other community initiatives.
About The Women Presidents’ Organization
The WPO is the premier peer advisory organization connecting women who own multi-million-dollar companies. In monthly meetings across six continents, chapters of 20 women presidents from diverse industries invest time and energy in themselves and their businesses to drive their corporations to the next level. Local WPO chapters are coordinated by a professional facilitator and meet monthly to share business expertise and experience in a confidential setting. For more information, contact 212-688-4114 or visit www.womenpresidentsorg.com. Follow the WPO on Twitter: @womenpresidents and Facebook: @TheWPO.
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Koya Leadership Partners