6 Silver Spring Companies On List Of Startups To Watch

SILVER SPRING, MD — Six startups with roots in Silver Spring are worth keeping an eye on as they respond 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.

Companies in Silver Spring included in the ranking are:

• Yellow Tail Tech, an education company based in Silver Spring, grew by 1,268 percent during the three years and ranked 452 nationally.
• Retrium, a media company based in Silver Spring, grew by 332 percent during the three years and ranked 1,686 nationally.
• Rackner, a media company based in Silver Spring, grew by 236 percent during the three years and ranked 2,336 nationally.
• Impact Marketing + Communications, an advertising and marketing company based in Silver Spring, grew by 233 percent during the three years and ranked 2,336 nationally.
• Mindoula Health, a health services company based in Silver Spring, grew by 178 percent during the three years and ranked 2,949 nationally.
• FYI-For Your Information, a government services company based in Silver Spring, grew by 94 percent during the three years and ranked 4,485 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.