Honored for Entrepreneurial Success with Patented Defensin-Based Scientific Skincare
Carlsbad, CA – August 15, 2023 – DefenAge® Skincare, the manufacturer and distributor of revolutionary skin longevity skincare products, is proud to announce that it has made the 2023 Inc. 5000 list of the fastest-growing private companies in America.
According to Inc.’s metrics, DefenAge is among the top half percent of privately owned companies in the United States. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment - its independent, entrepreneurial businesses. Beauty brands like StriVectin-owned Crown Laboratories, L'Oreal-acquired Vegamour, as well as Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.
DefenAge been successful in penetrating the professional medical aesthetic market (B2B) and growing direct-to-consumer online sales (B2C) through the company-owned website defenage.com. Over 1,000 dermatology clinics, plastic- and cosmetic- surgery practices, and medical spas distribute DefenAge across the US on a B2B basis. In the direct-to-consumer online channel, DefenAge demonstrates beauty-industry-leading key performance metrics, including an impressive re-order rate at 42% of customers who placed more than one order, and an $812 life-time customer value with a new customer acquisition cost below the average order value. The products are extremely well accepted by customers with a top-tier customer satisfaction rate and extremely low return & replacement rate, at 0.5%. The company owns an extensive intellectual property portfolio, including 4 registered trademarks, 7 issued and allowed patents, and multiple patent-pending applications covering skin anti-aging, melasma, wound healing, hair and nail growth, and cornea wounds.
The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.
“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in- chief Scott Omelianuk. “To make the Inc. 5000 - with the fast growth that requires - is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”
“The Inc. 5000 is the ultimate benchmark of entrepreneurial success, honoring our impressive growth and an increase of over 3-times in the number of employees through the past three years,” shares Nikolay Turovets, Ph.D., DefenAge co-founder and CEO. “This is our first time on the Inc. 5000 list, but it’s only the beginning for DefenAge. With a rank of number 64 in health products in the 2023 Inc. 5000 list, DefenAge’s defensin-based, patented skin longevity skincare is leading the way into the future of aesthetics and healthy aging.”
Methodology
Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent - not subsidiaries or divisions of other companies - as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.
About DefenAge®
DefenAge is an American company founded in 2014 by a team of regenerative medicine experts whose anti-aging discovery became the heart and soul of its formulas. DefenAge’s products are widely recommended by dermatologists as a high-performing, skin longevity skincare for visible skin rejuvenation and as a safe alternative for retinol. DefenAge complies with or exceeds the Clean Beauty standards and its products have never been tested on animals. Honesty, transparency, and excelling in every way possible are the company’s standards.
