UV50 Fastest-Growing Companies: No. 3 Thread Wallets

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THREE-YEAR GROWTH 3,324%
2019 REVENUE $7.9 million
CITY Provo
FOUNDED 2015
EMPLOYEES 20
INDUSTRY Fashion/accessories
WEBSITE ThreadWallets.com
FOUNDERS Colby Bauer, 30; McKenzie Bauer, 28
THE COMPANY Provider of carry accessories like wallets, lanyards and cases.

WHAT A RUN
Entrepreneurism … but make it fashion. This former UV50 Startup to Watch is slaying the “carry” game with millions in sales and products that are sleek and stylish. 

GOALS
1. “Become the go-to brand for all things ‘carry.”’
2.“Continue to grow a team of hardworking, creative individuals.”
3. “Make a positive impact on the community that surrounds us.”

ADVICE “Don’t compare your beginning to someone else’s middle or end.”

AS LUCK WOULD HAVE IT

Luckiest Moment “Our executive team is out of this world!” 

Unluckiest Moment “We didn’t get a patent on our lanyard. We didn’t realize we could have and now it’s too late.”

Roll-The-Dice Moment “We opened a kiosk at Fashion Place Mall in the middle of COVID.  We weren’t sure how it would perform but we have been so hyped on the results.”

Fortune Cookie Forecast “Success follows humility.”

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