Hartford Company On List Of Startups To Watch

HARTFORD, CT — One startup with roots in Hartford is worth keeping an eye on as it responds to some of the nation’s most vexing problems, Inc. magazine said with the release of its 2023 Inc. 5000 list.

The startup companies were ranked by revenue growth from 2019 to 2022.

To be considered, they had to have earned at least $100,000 in 2019 and grown that to at least $2 million by the end of 2022. To be considered, the companies must have been up and generating revenue by March 31, 2019.

The company in Hartford included in the ranking is:

• Choice Merchant Solutions, a financial services company based in Hartford, grew by 280 percent during the three years and ranked 1,996 nationally.

The Inc. 5000 companies had combined revenues of $358.2 billion, added nearly 1.2 million jobs and grew at a median rate of 219 percent. The list featured 638 newly founded companies and 3,047 repeat honorees.