Friday, April 19, 2024

Website founded by Fil-Am among top 12 US global growth firms

The World Economic Forum has announced its selection of Global Growth Companies (GGCs) in the United States, consisting of 12 of the country?s most dynamic and high-growth companies.

sheila marcelo

Included in the list is Care.com, a website founded by Filipino-American Sheila Lirio Marcelo, who is Board Trustee of the Philippine Development Foundation (PhilDev), a non-profit organization that works with the Philippine government on education, innovation and entrepreneurship initiatives.

GGCs are fast-growing companies with the clear potential to become global economic leaders. The 12 nominated GGCs represent a broad cross section of industrial sectors but share in common a track record in exceeding industry standards in revenue growth, promotion of innovative business practices and demonstration of leadership in corporate citizenship.

Aside from Care.com, the selected companies are 2U, Box, Care.com, Chobani, FireEye, Fuhu, Husco International, Intuitive Surgical, IPG Photonics, Keurig Green Mountain, Lynda.com and Opower.

?The World Economic Forum is proud to recognize these 12 champions that are at the forefront of driving responsible economic growth, job creation and entrepreneurism in the United States. We look forward to the active and dynamic role they will play at our meeting in New York, working with the region?s leaders to foster inclusive, sustainable growth,? said David Aikman, managing director at the World Economic Forum.

Marcelo?s inspiration to found Care.com stemmed from both her personal and professional experiences. A young mother with two small children who also became part of the “sandwich generation” caring for her parents at an early age, she was challenged to find quality care solutions.

She knew this problem was not unique to her family and that there had to be a better solution than the yellow pages. Her career firmly rooted in technology, she knew that was the answer and founded Care.com in 2006.

Today, the company is the world?s largest online destination for finding and managing family care, with more than 11.8 million members across 16 countries.

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