MONAT Recognized as South Florida’s Second Fastest-Growing Company Over $25 Million by South Florida Business Journal
By Truth About MONAT on September 10th, 2019
On Thursday, August 15th MONAT Global earned the 2nd spot on the list of South Florida’s Fastest-Growing Companies Over $25 Million by the South Florida Business Journal.
Since the company’s launch in October 2014, MONAT has established itself as a revolutionary haircare line utilizing the latest scientific technologies and clinically proven proprietary ingredients. This curated collaboration of science and nature allows MONAT to provide an unparalleled and unique age prevention haircare experience.
“MONAT has evolved into a truly unique brand that has revolutionized the haircare industry. I’m so proud of the growth we have achieved, and the acknowledgment by South Florida Business Journal is an incredible honor for everyone affiliated with MONAT.”Ray Urdaneta, CEO of MONAT Global.
Since 2016, MONAT has increased revenue from $42.58 million to $365.7 million – a growth of 758.86%. The 442-employee, Miami-based global premium haircare brand attributes its rapid growth to the company’s effective products, loyal customers and independent sales force known as Market Partners.
In 2019 MONAT has received a number of other recent awards, including two Gold Stevie® Awards at the 17th Annual American Business Awards® as well as six awards and two honorable mentions at the 2019 Videographer Awards international competition.
Winners were announced at the 2019 Fast 50 Awards event at Jungle Island in Miami.