Growth Spurt

A big honor: In August, Inc. magazine ranked Stratus Video No. 201 on its list of the 500 fastest-growing private companies nationwide, measured by revenue growth over three years. The ranking marked the company's fifth consecutive appearance on the annual list — a rare feat for a business.

Founded in 2011, Stratus Video has long been on a mission to disrupt the health care industry. Its way there is through an on-demand video language interpretation service, a popular option given the United States has increasingly become a polyglot nation, with institutions that look to accommodate non-English speakers. That service is also the main reason why the company's revenues have jumped 658% in the last three years, from $4.42 million in 2014 to $33.5 million in 2016. The company has about 680 employees — for now — and is owned by a private equity firm.

David Fetterolf, president of Stratus Video's language services division, says the market for the company's services is “growing and expanding, and we're obviously having great success capturing market share.” He adds that the number of competitors is shrinking, estimating that in the next year, it will reduce from about five companies to four.