Inc 5,000: Fastest Growing Companies in America
Inc.com
8/24/07
No. 1,911 StudySmart Watertown, MA
Year 2007
Industry Education
Founded 1999
Growth 189.2%
2003 Revenue $1.1 million
2006 Revenue $3.2 million
Employees 26
Website www.studypoint.com
• Ranked No. 25 in the Top Companies in Education
• Ranked No. 78 in the Top Companies in Boston-Cambridge-Quincy, MA-NH
What it does: Provides tutoring and academic support for students in grades K-12.
Why it's growing: With offices in 10 U.S. cities, the Massachusetts-based company generates 65 percent of its business from referrals.
What's noteworthy: The company's one to two-year-old online program provides homework assignment geared to each student. "The Internet side of our business definitely has potential, but it will only be used to supplement 1-on-1 attention," says Enos.
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