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2015 Fastest Growing Companies in Maryland according to Inc. 5000

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Diana Chen is a Business Research Analyst at the Maryland Department of Business and Economic Development.

August 2015

Entrepreneur Pulse: 2015 Fastest Growing Companies in Maryland according to Inc. 5000

Diana Chen is a Business Research Analyst at the Maryland Department of Business and Economic Development.

The 2015 Inc. magazine 5000 list of the fastest-growing private companies in the country includes 106 firms in Maryland. And five Maryland companies made the top 500 list.

The companies on the list were ranked according to percentage revenue growth over the last three years. All have revenue of at least $2 million. The Maryland companies employed a total of 44,139 people and averaged $23.1M in revenues and three-year revenue growth of 277 percent.

Greensmith, a Derwood company founded in 2008, was the top Maryland name on the list. Greensmith offers large-scale energy solutions, including a software platform to maximize the performance of major energy storage systems, to customers across the country.

 

Top Fastest Growing Companies in Maryland 2015
Rank Company Industry Growth County
107 Greensmith Energy 3209% Montgomery
214 Edifice Solutions Government Services 2024% Prince George’s
221 Oxford Government Consulting Government Services 1982% Calvert County
340 A Square Group IT Services 1386% Montgomery
477 CG Phones Consumer Products & Services 974% Baltimore County
547 Haris Design & Construction Co. Government Services 849% Montgomery
559 ERUPTR Advertising & Marketing 825% Prince George’s
586 Diverse Systems Group IT Services 788% Montgomery
685 Premier Management Government Services 662% Howard
777 Blueline Security Services Security 577% Prince George’s
823 DATUM IT Services 540% Anne Arundel
913 Symphony Placements Human Resources 492% Baltimore
924 Visionist Government Services 484% Howard
990 Design To Delivery Government Services 443% Montgomery
994 Arch Systems Government Services 442% Baltimore City

 

Maryland private companies in Government Services make up the bulk of the growth (27 companies) followed by IT services (23), Business Products and Services (11), Advertising and Marketing (7) and Software (6). Forty-five companies appear on the 2015 list for the first time, while A2z a Columbia software company (ranked 4860) has made the list every year since 2006.

Fastest Growing MD Industries 2015

Maryland’s 106 Inc. 5000 companies rank 17th in the nation. California far outpaced other states with 681 companies with Texas, New York and Florida following.

The Washington Metropolitan area, which includes Maryland’s Calvert, Charles, Frederick, Montgomery and Prince George’s counties ranked 2nd in the nation with 279 companies. The Baltimore Metropolitan area ranked 23rd with 45 companies.

Fastest Growing MD Companies 2015 Metro Area

Montgomery County led among Maryland counties with 39 companies, followed by Howard County with 17, Prince George’s with 13, and Baltimore County with 13. Anne Arundel had 9 companies on the list, Baltimore City 8 and Carroll County 2. Calvert, Charles, St. Mary’s, Frederick and Queen Anne’s each had one county on the list.

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.

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Diana Chen

Diana Chen

2 Comments

  1. August 26, 2015 at 4:02 pm — Reply

    Diana,
    I was wondering if you could research this? One of the problems i have as a Maryland company is access to information. I see that you can now register a business online in Maryland. What a concept! But can you access list of new businesses online yet? Its been a while but you used to have to buy it from a Timonium company and by the time I could get it, it was almost absoleete. If we could get access to new businesses as they register in Maryland (like Virginia) it would really balance the playing field! Also I used to be able to buy new business phone #’s from Verizon but they say it’s illegal now. Sales Genie can sell them but Verizon can’t I doubt it. The business connects i get from Sales Genie are ancient. I believe Verizon is selling only to bigger clients now shutting me out and that should be illegal! How can i get new business numbers in a timely fashion? These are 2 of the top things that would help my business. Ideas? I would love to hear them. If you’re not the person to help me then please point me in the right direction. We are profitable but we have yet to get back to our pre-recession revenue numbers. Anything you could do to help would be greatly appreciated!
    Thank You
    James

    • August 27, 2015 at 1:14 pm — Reply

      Hi James – unfortunately we do not store this information in our department. The best agency to contact would be the Department of Assessments and Taxation, 410-767-1184 or http://dat.maryland.gov/

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