Cuddle Clones Ranks No. 862 by Inc. 5000, #1 in Kentucky
Louisville, Kentucky, August 16, 2018 – Cuddle Clones, an award-winning Louisville company that specializes in creating the highest quality custom products made to look like people’s pets, announced its inclusion in the prestigious 2018 Inc. 5000, Inc. Magazine’s annual ranking of the nation’s fastest-growing private companies. Cuddle Clones’ three-year growth of 583% ranked 1st in the state of Kentucky and 66th in their category of Consumer Products, which placed them alongside previous brands as Timberland and Zappos, and 862nd overall in the United States.
“Cuddle Clones perfectly encapsulates the success we strive help Kentucky startups achieve,” said Vivek Sarin, co-leader of the Kentucky Cabinet for Economic Development. “This company began as a small operation in Louisville just eight years ago, so its announcement in February of a substantial $1.3 million expansion that will create 50 jobs is truly remarkable. Cuddle Clones is a prime example of what Kentucky-grown businesses are capable of, and I strongly suspect we have not yet seen the company’s full potential.”
Cuddle Clones growth is primarily a result of investing in new technology for their e-commerce platform, digital properties, and innovating new products. “We couldn’t have achieved this growth without the contributions from our team that include superb customer service and manufacturing the highest quality products for our customers” said Cuddle Clones CEO Brennen Lawrence.
Cuddle Clones expects to be on the list again next year as the first half of 2018 has exceeded expectations. Lawrence continued “We’ve performed very well in the first half of 2018 and will release several new, exciting custom pet products prior to Q’4 that we expect to further enhance our growth.”
This newest accolade comes on the heels of being named Louisville’s fastest growing company in 2017 by Business First. “It’s always exciting when a local company receives national attention for its fast-growth expansion in a global market,” said Louisville Mayor Greg Fischer. “Cuddle Clones’ success exemplifies Louisville’s robust business climate that encourages new start-ups and facilitates quick scale-up of business operations. We are proud to be the home of Cuddle Clones and we look forward to its continued success.”