Evolution Hair Loss Institute and Advanced Trichology Rank #797 on the 2021 Inc. 5000 List

Advanced Trichology

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Evolution Hair Loss Institute and Advanced Trichology climbed down 266 spots to secure being named one of the top thousand fastest-growing privately-owned companies in America. Landing at #797, Evolution Hair Loss Institute and Advanced Trichology proved a 608% growth over three years, 2018 through 2020. The prestige honor follows a year where hair loss, hair growth, and scalp health shone in the spotlight. Evolution Hair Loss Institute and Advanced Trichology ranked #1063 in 2020.

Certified trichologist and CEO of Evolution Hair Loss Institute and Advanced Trichology William Gaunitz, FWTS, first launched the Evolution Hair Loss Institute in 2002 with one employee, a $40,000 personal loan, and a goal to research hair loss then develop a system to fight it. He brought in $260,000 in the first year, solidifying his hypothesis that there would be a demand for hair loss services.

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Fast forward almost 20 years, Evolution Hair Loss Institute and Advanced Trichology raked in $5.5M in 2020, employs 10 people globally, and sells 12 direct-to-consumer products.

Gaunitz’s formal education in trichology, where he trained in London at the International Association of Trichology, studied diagnostics in France, and discovered hair loss treatments in Australia, has turned into a multimillion-dollar conglomerate that includes a consultation practice, consumer products, coordination of global conferences and being invited to be a fellow at the World Trichology Society.

“There’s no greater joy than when my clients are seeing success in their treatments, though having Evolution Hair Loss Institute and Advanced Trichology named #797 on the Inc. 5000 list of the fastest-growing American companies is a close second. Hair loss, hair growth, and scalp health is a personal journey and I’m very humbled by the clients that have shown us brand loyalty over the past 20 years along with those who joined us more recently and entrusted Evolution Hair Loss Institute and Advanced Trichology to guide them on their journey,” says William Gaunitz, FWTS, founder of Evolution Hair Loss Institute and Advanced Trichology. “I am excited to continue to see and be a part of the evolution of the trichology industry. As science allows us to use modern, innovative tools and technology to develop new treatments and therapies, trichologists will be able to transform the lives of more consumers suffering from hair loss.”

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“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” says Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.”

Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year’s list also proved especially resilient and flexible given 2020’s unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 jobs over the past three years.

For more information on William Gaunitz, FWTS, Evolution Hair Loss Institute, and Advanced Trichology, please visit http://www.advancedtrichology.com.

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For more information on the Inc. 5000, please visit https://www.inc.com/inc5000.

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