Utah 100 highlights healthcare, AI and construction sector growth as state’s business landscape continues to thrive
SALT LAKE CITY, Oct. 17, 2025 /PRNewswire/ — MountainWest Capital Network (MWCN) recognized Nectar as the top company on the 2025 Utah 100 during its 31st annual awards event. First presented in 1994, the Utah 100 is MWCN’s yearly list of the fastest-growing companies in the Beehive State.
“Nectar’s success in helping companies transform their workplace cultures through meaningful appreciation and recognition tied to company values has been essential to their incredibly fast growth,” said Chris Badger, chair of the MWCN Utah 100 committee. “The 2025 Utah 100 reflects several meaningful trends reshaping Utah’s business landscape. While healthcare and healthcare-adjacent companies continue their upward trajectory, we’re also seeing a significant rise in AI-focused businesses and a notable increase in construction-related businesses as more companies expand or relocate here from other markets.”
The 2025 list also showcases remarkable staying power among Utah’s top companies. Twenty-six companies on this year’s Utah 100 have been consistently listed for the past five years or more, while four have earned recognition for the past 11 to 15 years. Four companies have been honored 16 or more times, with Zions Bancorporation and Layton Construction achieving recognition for more than 20 years.
The list of Utah 100 honorees was determined using a weighted calculation of percentage and dollar growth over a five year period, through December 2024. In addition, during the awards ceremonies, MWCN announced its annual Top 15 Revenue and Emerging Elite lists.
Companies in the Top 15 Revenue category are ranked based on the highest total dollar growth over the past five years. The Emerging Elite lists organizations less than five years old that show the most promise of future growth. Companies are only recognized in one category.
The 2025 MountainWest Capital Network Utah 100:
Nectar
Pure Healthcare
Just Ingredients
Strider Technologies
ProSubs
Five Star Franchising
Nutriient
Launch Fulfillment
Taxbit
Recursion Pharmaceuticals
Beehive Meals
Gabb
Platform Accounting Group
Action Solar
Zerorez
Allied Medical Waste
Dorai Home
Black Rifle Coffee Company
LVT
Klean Freak
BZI Steel
Bonneville Builders
Innovative Industrial Properties
HydroJug
Techcyte
AutoSavvy
Conservice
Beauty Industry Group
Bridge Investment Group
Devos
JobNimbus
Peak Capital Partners
Weave Communications
HemaSource
Health Catalyst
Frazil
Sensapure
The Cynosure Group
EZARC
Bank of Utah
Design Imaging
Kiln
Domo
TAB Bank
Greenix Pest Control
OptConnect
&Collar
eAssist Dental Solutions
ELB Learning
Pure Manufacturing
Oilo Studio
Cole West
Comma Copywriters
WeLink
SkyShare
Franklin Covey
Becklar
SINTX Technologies
Denik
Prodatakey
Provider Healthcare
Drive Wealth Advisers
Squeeze
Profire Energy
Nano-Yield
Dark Energy
Next Meters Global
Finwise Bancorp
Utah Injury Law Center
Alpha Warranty Services
Nexus IT
Varex Imaging
Nature’s Sunshine
Groove Technology Solutions
Turner Imaging System
SynergySuite
JBC Threadworks
Traeger
CUI Group
Dental Buyer Advocates
GMRE
Code Quick
Pack Tax
HK Consulting
Wavetronix
VLCM
Tech Legion
Maddox Construction
San Diablo Artisan Churros
Lender Toolkit
MLD
Clarus Corporation
Mil Agro
KURU Footwear
Diathrive
Western States
Legacy Tree Genealogists
Quality Distribution
PMI
Zonos
2025 Top 15 Revenue:
Ken Garff Automotive
Zions Bancorporation
Extra Space Storage
Layton Construction
Pattern
Trucordia
Young Automotive Group
BHI
Green Dot
HealthEquity
Merit Medical
Westland Construction
Intermountain Electronics
SME Industries
Aptive Pest Control
2025 Emerging Elite (in alphabetical order):
About MountainWest Capital NetworkMountainWest Capital Network is Utah’s first and largest business networking organization devoted to supporting entrepreneurial success and dedicated to the flow of financial, entrepreneurial and intellectual capital. Learn more at www.mwcn.org.
SOURCE MountainWest Capital Network
