Trent and I had the opportunity to attend the Utah Valley Entrepreneurial Forum Top 25 under 5 award luncheon yesterday, and we had a great time. We had found out last week that FundingUniverse would be one of the top 25 and we ended up at number 19!
After hearing about the top 5 companies, I think that I could’ve guessed all but the #1 company. The top 5 were:
- Agel (www.agel.com): Agel Enterprises, LLC has created a nutritional supplement in single-serving gel form packaging that is not a burden to consume, is convenient, tastes good, and quickly absorbs into the body.
- Control4 (www.control4.com): Control4 is the platform for today’s digital home and makes whole-home automation a practical option for any residence. They believe that home automation is not just for the rich and that fully customizable solutions are not just for luxury homes.
- SkullCandy (www.skullcandy.com): Skullcandy was founded in 2003 by CEO Rick Alden. It is the fastest growing consumer electronics company on earth, specializing in audio & gaming headphones, audio accessories, integrated audio devices & mp3 players.
- Seastone (www.seastone.com): Seastone Consumer Products Group is the market leader in specialty gift card packages and gift card promotional programs.
- Mindshare Technologies (www.mshare.net): Mindshare’s business monitoring survey tools gather continuous real-time threads of customer feedback that can be immediately transformed into actionable intelligence.
I’m going to be honest, I was a little disappointed to find out that another MLM was at the top of the list. I really would’ve like to see MoveNetworks at the top of yesterday’s list. From everything that I hear, it sounds like they are the real deal. They must be, they just raised another $46M that was led by tier 1 VC Benchmark Capital. It should be fun to see the company grow.
Anyway, congrats to all of the companies that were on the list!
UPDATE: Because of a few misunderstandings (on the way that my original entry read), I have edited the current entry to better reflect my thoughts on the subject.