Business & Tech

4 Princeton Businesses Among Fastest Growing In New Jersey

American business magazine Inc. recently released its annual guide to the 5,000 fastest-growing companies in the U.S.

PRINCETON, NJ — Four Princeton businesses were among the 5,000 fastest-growing privately owned companies in the nation, according to American business magazine Inc.'s annual report.

Inc., a magazine which publishes weekly content about small businesses and startups in the United States, recently released their report which ranked companies according to their percentage revenue growth from 2015 to 2018.

A total of 125 companies were named in New Jersey for having the most successful new companies in the country.

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Here are the Princeton companies that made the list along with their rank, their growth and their revenue figures:

  • 1,348 ASB Resources, IT Management, Princeton 306% $9.7 million
  • 3,693 Kavayah Solutions, IT System Development, Princeton 94% $2.4 million
  • 3,713 Supply Chain Wizard, Business Products & Services, Princeton 93% $4.3 million
  • 4559 RxLogix Corporation, IT Services, Princeton 64% $17.6 million

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.

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