FMYI | For My Innovation

At a reception held last night, the Portland Business Journal unveiled its 2010 Top 100 Fastest Growing Private Companies in Oregon. “Like a mighty salmon, these 100 businesses are King of the River and successfully made it upstream in this challenged economy,“ said Craig Wessel, Portland Business Journal Publisher.

The top 100 companies were chosen based upon their percentage of revenue growth from 2007 to 2009 and then ranked accordingly. With unprecedented growth in 2009, FMYI made its debut and ranked 13th on the list. After receiving the ranking at the event, FMYI president, Justin Yuen said “We’ve grown during economy 2.0 because the time is right for the collaboration software that FMYI provides to improve the way teams innovate. I’m truly appreciative of the people on our team, our customers and the community partnerships we’ve built locally and around the country.” 

Additionally, FMYI ranked 8th in Employee Percentage Growth.

A bootstrapped company built entirely through client revenue, FMYI hit unparalleled momentum in 2009. Annual revenue increased over 200% by working closely with existing customers to indentify business needs as well as investing in marketing to generate new business and aggressively pursuing those opportunities.

Launching FMYI Version 6 in October garnered rave media reviews and visits to FMYI.com and usage of FMYI both increased by over 400%. In line with revenue growth, FMYI more than doubled the number of employees on its team from 5 in 2007 to 16 in 2009 and in July moved into a new headquarters in the Leftbank Project. The user adoption graph also grew rapidly over the last year due to increased marketing efforts. Currently, FMYI serves over 90,000 profiles across 9,200 sites.

Despite the economy, 2009 was FMYI’s strongest year ever and with the momentum it created is pushing the company onward and upward. 2010 marked the premiere of FMYI’s first ever brand video in February. Featuring changes agents who use FMYI to make a difference, A NEW DAY expresses what the heart and soul of FMYI is all about and what the team aspires to deliver to customers.