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Collage Group Recognized Among Fastest-Growing Private Companies

I am ecstatic to share that Inc. Magazine today revealed Collage Group has been named on their latest Inc. 5000 Regionals List.

The annual list, now in its fourth year, represents the fastest-growing private companies in America and ranks Collage Group at number 121. The recognition signifies a unique look at the nation’s most flourishing private businesses and is a significant benchmark for entrepreneurial success.

It is a true honor for Collage Group to be recognized as part of this prestigious list of high-growth companies in the region. I’d like to thank the Collage Group staff and the leadership who have supported this growth and committed to partnering with more than 250 member brands in their Cultural Fluency journey. Hitting this key milestone is not possible without our talented team or the iconic American brands that rely on our diverse consumer insights and expertise.

The 2023 Inc. 5000 Regionals Mid-Atlantic List encompasses companies in Washington D.C., Delaware, Maryland, North Carolina, Virginia, and West Virginia.

Collage Group is included on a list of others who have put forth an extraordinary rate of growth across all industries in the Mid-Atlantic region. Between 2019 and 2021, these private companies had an average growth rate of 381% and in 2021 alone, was able to add 14,439 jobs and $2.66 billion to the Mid-Atlantic region’s economy. Companies based in Richmond, Virginia, and the Washington, D.C. areas had the highest growth rates overall.

Scott Omelianuk, editor-in-chief of Inc. Magazine, noted that this year’s regional winners represent one of the most exceptional and exciting lists of American’s off-the-charts growth companies.

It was just less than a year ago that we announced securing $25 million in growth capital, led by Boston-based growth equity firm Wavecrest Growth Partners. That funding allowed us – a tech enabled consumer and market intelligence firm – to further invest in our technology infrastructure and product innovation, and to continue scaling sales and marketing investments behind our aggressive growth mandate.

Over the last three years, we have significantly increased staff, including the welcoming of three leadership positions: Chief Financial Officer, Chief Product and Technology Officer, and Chief Revenue Officer.

This is an important distinction, and we have all intentions to continue taking these monumental steps.

About the author

David Wellisch

David Wellisch

David Wellisch is CEO & Co-Founder of Collage Group, a consumer insights and intelligence company with a focus on research exploring race/ethnicity, generation, sexuality and gender. Since the inception of Collage Group in 2009, David has led the company through growth, now serving more than 200 brands in across 15 industries. David is passionate about entrepreneurship and company building, and often works directly with members to help guide the integration of multicultural consumer insights and marketing strategies.

Prior to Collage Group, David was the founder, vice president and general manager of AOL Latino, AOL’s Hispanic service. He was responsible for the entire operation, including overseeing programming, product development, customer service, brand and acquisition marketing, strategy and business development. At its peak, AOL Latino produced $130MM in revenue from subscriptions and advertising. David was also Executive Director of strategy at AOL’s web properties.

Before AOL, he worked in private equity at Allied Capital and strategic consulting at Gemini Consulting. Originally from Ecuador, David holds an undergraduate degree from Brown University and an M.B.A. from Harvard Business School. Currently, he sits on the Board of Trustees for Georgetown Day School in Washington, D.C. David is also a member of the Washington, D.C. chapter of the Young President’s Organization. David is married, has three awesome kids, and currently lives in Washington, D.C.