Maryland Economy

Inc. 5000 names Maryland’s fastest growing companies in 2016

Maryland is home to more than 100 of the fastest-growing companies in the country, according to the Inc. list released today.

The Inc. 5000 rankings names what the magazine calls the “superheroes of the U.S. economy.” In total, 119 Maryland companies made the 5000 list with nine Maryland companies ranking among the top 500.

“I am proud to recognize the tremendous achievements of the 119 Maryland companies that made the prestigious Inc. 500 and 5000 list in 2016,” said Governor Hogan. “Many of the companies named to the list are young and emerging companies, underscoring the outstanding resources and supportive business climate that Maryland offers entrepreneurs and start-up companies.”

Furniture Solutions Group leads the Maryland companies, ranking 24th with more than 7,800 percent growth over the last three years. The Annapolis-based business purchases and provides movable furniture, fixtures, and equipment for hospitality clients and long-term care providers across the country.

Other companies included in the Inc. 5000 are veteran-owned cyber firm VOR Technology (296) and IT sales company RainKing Software (2826). In the past year, both companies received funding from the Maryland Department of Commerce and announced major expansions in the state.

Maryland also helps lead the country’s women-owned business growth, ranking second with 24 percent. The national average for states – with more than 100 companies in the ranking – was only 14 percent for female-owned companies.

Top Fastest Growing Companies in Maryland 2016
Rank Company Industry Growth County
24 Furniture Solutions Group Business Products & Services 7800% Anne Arundel
35 n2grate Government Services 6402% Prince George’s
126 NORTHSTARGROUP IT Services 2744% Montgomery
228 CallTrackingMetrics Software 1742% Anne Arundel
246 B&D Consulting IT Services 1598% Washington
296 VOR Technology Government Services 1321% Howard
309 Panthera Technologies IT Services 1270% Baltimore
342 Edifice Solutions Government Services 1121% Prince George’s
380 Green Generation Solutions Engineering 1008% Montgomery
533 BarnAllen Technologies IT Services 723% Montgomery
633 WaveStrike Government Services 611% Anne Arundel
650 Arch Systems Government Services 601% Baltimore City
721 DATUM IT Services 545% Anne Arundel
828 SocialToaster Advertising & Marketing 480% Baltimore City
846 Enlighten IT Consulting Government Services 468% Anne Arundel
904 ArcSource Group IT Services 443% Howard
925 STRATUS Solutions IT Services 431% Howard
946 Verasolve Advertising & Marketing 419% Montgomery
993 Design to Delivery Government Services 403% Montgomery

 

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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Amanda Winters

Amanda Winters

7 Comments

  1. Ann
    August 18, 2016 at 9:36 am — Reply

    You’re missing Credible Behavioral Health, based in Rockville, at #3248

  2. […] Read more at MDBIZNews […]

  3. August 25, 2016 at 3:31 pm — Reply

    This is Three Dog Logistics 6th year on the Inc 5000 list. Proud to be among such great MD companies! Congratulations to all!

    • August 30, 2016 at 7:45 am — Reply

      Great news! Congratulations!

  4. William Chou
    September 2, 2016 at 9:26 am — Reply

    You forgot to add WebMechanix, a local Elkridge, MD based business. Their website is webmechanix.com

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