Business & Tech
Here Are The 37 Fastest Growing Companies In Connecticut For 2019
American business magazine Inc. recently released its annual guide to the 5,000 fastest-growing privately held companies in the U.S.
CONNECTICUT — Growth is something everyone can aspire to, and that’s no different for America’s most successful new companies. Inc., a magazine which publishes weekly content about small businesses and startups in the United States, recently released their annual report outlining the 5,000 fastest-growing privately owned companies in the nation.
Companies were ranked according to their percentage revenue growth from 2015 to 2018, according to the report. Connecticut has 37 of the most successful new companies in the country.
The 5,000 companies come from over 25 different types of industry, including construction, real estate, and software. To earn a spot on the list, companies must have been generating revenue by March 31, 2015, and then had a minimum revenue of $2 million by 2018. Additionally, all the companies are privately held, for profit, and independent from any other larger company, according to Inc.
Find out what's happening in Stamfordfor free with the latest updates from Patch.
Here are the fastest growing companies in Connecticut:
- (432) InGenius Prep (New Haven)
- Growth: 1,047%
- Industry: Education
- Revenue: $8.6 million
- (620) Green Street Power Partners (Stamford)
- Growth: 709%
- Industry: Energy
- Revenue: $29.6 million
- (626) Smart Roofs Solar (Newtown)
- Growth: 704%
- Industry: Energy
- Revenue: $5.7 million
- (732) Freed Marcroft (Hartford)
- Growth: 598%
- Industry: Financial Services
- Revenue: $2 million
- (980) Votto Vines Importing (Hamden)
- Growth: 432%
- Industry: Food & Beverage
- Revenue: $39.6 million
- (1044) Metropolitan interactive (Oxford)
- Growth: 400%
- Industry: Construction
- Revenue: $15 million
- (1125) MediaCrossing (Stamford)
- Growth: 371%
- Industry: Advertising & Marketing
- Revenue: $17.3 million
- (1248) iArch Solutions (Monroe)
- Growth: 331%
- Industry: IT Management
- Revenue: $2.1 million
- (1732) One Source Companies (Wallingford)
- Growth: 235%
- Industry: Real Estate
- Revenue: $2.4 million
- (1757) Impact Branding & Design (New Haven)
- Growth: 231%
- Industry: Advertising & Marketing
- Revenue: $6.8 million
- (1846) Zero Gravity Marketing (Madison)
- Growth: 220%
- Industry: Advertising & Marketing
- Revenue: $5 million
- (1858) Avanti Systems USA (Greenwich)
- Growth: 218%
- Industry: Construction
- Revenue: $3.8 million
- (1887) Health Products For You (Brookfield)
- Growth: 213%
- Industry: Health
- Revenue: $14.7 million
- (2001) Perpetual (Darien)
- Growth: 201%
- Industry: Human Resources
- Revenue: $4.1 million
- (2596) The Lockwood Group (Stamford)
- Growth: 151%
- Industry: Advertising & Marketing
- Revenue: $50.9 million
- (2744) Choice Merchant Solutions (Hartford)
- Growth: 139%
- Industry: Financial Services
- Revenue: $7.8 million
- (2825) The Junkluggers (Stamford)
- Growth: 6 133%
- Industry: Environmental Services
- Revenue: $13 million
- (2826) Framework Solutions (Danbury)
- Growth: 133%
- Industry: Business Products & Services
- Revenue: $4.1 million
- (2943) Aventri (Norwalk)
- Growth: 127%
- Industry: Software
- Revenue: $29.6 million
- (2975) Heartsmart.com (New Milford)
- Growth: 126%
- Industry: Health
- Revenue: $28.9 million
- (3017) FCP Euro (Milford)
- Growth: 123%
- Industry: Consumer Products & Services
- Revenue: $46.4 million
- (3085) Stamford Technology Solutions
- Growth: 120%
- Industry: Business Products & Services
- Revenue: $3.4 million
- (3539) Charles IT (Middletown)
- Growth: 99%
- Industry: IT Management
- Revenue: $5.5 million
- (3554) Greenwich Medical Spa (Riverside)
- Growth: 8%
- Industry: Consumer Products & Services
- Revenue: $8.3 million
- (3561) Kyber Security (Fairfield)
- Growth: 98%
- Industry: IT Management
- Revenue: $5.8 million
- (3681) Odyssey Logistics & Technology (Danbury)
- Growth: 94%
- Industry: Logistics & Transportation
- Revenue: $1 billion
- (3750) Inspira Marketing (Norwalk)
- Growth: 91%
- Industry: Advertising & Marketing
- Revenue: $70.5 million
- (3962) ImageWorks (Vernon)
- Growth: 82%
- Industry: Advertising & Marketing
- Revenue: $2.7 million
- (3985) Connecticut Sealcoating (Waterbury)
- Growth: 82%
- Industry: Construction
- Revenue: $5.2 million
- (4033) Cadenza Innovation (Bethel)
- Growth: 80%
- Industry: Energy
- Revenue: $3.3 million
- (4205) IT Direct (West Hartford)
- Growth: 74%
- Industry: IT Services
- Revenue: $7.2 million
- (4321) Premier Graphics (Stratford)
- Growth: 70%
- Industry: Business Products & Services
- Revenue: $20.8 million
- (4769) Clarity Software Solutions (Madison)
- Growth: 59%
- Industry: Software
- Revenue: $101.1 million
- (4800) Saffron Road Foods (Stamford)
- Growth: 58%
- Industry: Consumer Products & Services
- Revenue: $42.3 million
- (4905) ISE - Design Center Division (Westport)
- Growth: 55%
- Industry: Advertising & Marketing
- Revenue: $7.4 million
- (4984) Dymax (Torrington)
- Growth: 53%
- Industry: Manufacturing
- Revenue: $104 million
The top spot on the business magazine’s list goes to the advertising & marketing company Freestar, which is based in Phoenix, Arizona.
Find out what's happening in Stamfordfor free with the latest updates from Patch.
Here are the top ten fastest growing companies in the United States:
- Freestar — Phoenix, Arizona — 36,680 percent growth.
- FreightWise — Brentwood, Tennessee — 30,548 percent growth.
- Cece’s Veggie Co. — Austin, Texas — 23,880 percent growth.
- LadyBoss — Albuquerque, New Mexico — 21,850% growth.
- Perpay — Philadelphia, Pennsylvania — 18,166% growth.
- Cano Health — Miami, Florida — 14,183% growth.
- Bear Mattress — Hoboken, New Jersey — 13,481% growth.
- Connected Solutions Group — Mechanicsville, Virginia — 12,565% growth.
- Providence Healthcare Management — Cleveland, Ohio — 12,565% growth.
- NOM — Los Angeles, California — 11,996 percent growth.
"The beautiful thing is, when you start making people more money and helping them run their businesses better, they typically have pretty big mouths," says David Freedman, the co-founder of the No. 1-ranked Freestar, a company that sells solutions and services that help publishers make more money online by perfecting advertising operations.
Freestar had a revenue of $36.9 million in 2018.
Patch reporter Gus Saltonstall contributed to this report.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.