Carrot, the Roseburg tech company that helps generate real estate leads online, was once again named one of the fastest-growing companies in Oregon by the Portland Business Journal. Carrot, which is owned by entrepreneur Trevor Mauch and has an office at 950 SE Oak Ave., came in at No. 28 with a revenue growth of 111% over the last two years. The company was founded in 2014 and currently has about three dozen employees.
Carrot has become a regular on the prestigious list. The company came in at No. 32, with a revenue growth of 140% over the previous two years, in 2019. The year before that Carrot was No. 19, and Mauch said that if they had applied for the list the year before, the company would have come in the top 10.
Mauch has a history of success as an entrepreneur.
He started the Young Entrepreneurship Society, a club for aspiring business owners, and established the Loft, a downtown Roseburg entrepreneurial workspace, in 2010.
In 2014, Mauch founded Carrot, a software company that helps real estate investors and agents grow their businesses through the web. Two years later, he was a top-three finalist for the Oregon Entrepreneurs Network’s Entrepreneurial Achievement Award.
In 2017, Mauch was selected as one of the Portland Business Journal’s Forty Under 40 — the top CEOs in Oregon under 40 years old. This year, Carrot made the list of Inc. magazine’s 5,000 Most Successful Companies in America, coming in at No. 1,830. He made the same list last year, coming at No. 1,235 (No. 10 out of 59 Oregon companies on the list).
Last fall, Mauch bought the historic building AT 549 SE Jackson St. that used to house the Roseburg Book and Stationery store. Mauch is still weighing options on how to fill the cavernous space.
This spring, Mauch announced the launch of the Carrot Impact Fund. He committed $500,000 in seed money to start the fund, which is intended to fuel giving for years to come.
“The Carrot Impact Fund is our next evolution of our commitment to help impact our communities that we live, work and play in,” Mauch said at the time.
Hotel tax still downRevenue from the tax on overnight stays in Roseburg rebounded somewhat last quarter, but is still down from the revenue collected last year, according to the City of Roseburg.
The so-called bed tax took in $334,890 for the most recent quarter, ending Sept. 30. That compares to $405,296 in revenue during the same period in 2019. While that is down $70,406, or 17%, it still is better than the previous two quarters this year.
Revenues began dipping early this year due to restrictions put in place to combat the coronavirus. The first three months of the year the city collected $185, 393, compared to $250,746 collected the first quarter of 2019.That was a drop of $65,353, or 26%.
The steepest decline occurred in the second quarter of the year, when the coronavirus restrictions really set in. The city collected$177,425 in bed taxes for that period, compared to the $326,928 collected in the second quarter of 2019. That represents a drop of $149,503, or 46%.
The decline in revenue from the bed tax, as well as other sources, is already being felt. A grant program run by the city to help boost local tourism has been put on hold for the foreseeable future. City officials said they will reevaluate the status of the program next spring to see if there is enough money available to hand out grants for next spring and summer.