Loudoun is Home to 29 of the Fastest Growing U.S. Companies
Business keeps booming in Loudoun County, Virginia, home to 29 of the nation’s fastest-growing companies, according to the 2019 Inc. 5000 list.
The annual Inc. 5000 list is a ranking of percentage revenue growth for privately-owned companies over the most recent three-year period.
Loudoun in Previous Years: 2018, 2017, 2016, 2015, 2014
Two Loudoun companies, Oseth Group and Lakarya, experienced more than 1,000 percent growth since 2015. They were joined by two other companies, ARM Consulting and The Building People, on the elite Inc. 500 list.
“These companies represent a cross-section of Loudoun’s diverse economy, showing rapid growth in industries from high tech to farm wineries, government contracting to real estate,” said Loudoun Economic Development’s Executive Director Buddy Rizer. “The exponential growth of our businesses proves that, for any kind of company, revenue growth is #LoudounPossible.”
This year’s list highlights nine businesses for the first time, with an average growth of more than 600 percent. Ranked in order of growth:
- Oseth Group
- Lakarya
- Pearson Smith Realty
- Softrams
- Weris
- CoSolutions
- Adeptus Solutions
- Data Storage Science
- 2020 Teknology
Additionally, 19 Loudoun companies made the list again, with four celebrating a sixth-straight year on the list: Lowers Risk Group, Marathon TS, WheelsOnSite USA, and Sriven Technologies.
Rhythmic Technologies, which recently expanded its footprint in the county, credited the Loudoun business environment for making the list a third-consecutive year.
“Our strong partnership with Loudoun County has been instrumental in our continued growth. Loudoun’s investments in economic development have created a strong workforce that has allowed us to build an incredible team and nurture strong partnerships with our amazing clients,” said Rhythmic Technologies CEO Cris Daniluk. “We look forward to continuing to focus on solving the hardest problems and continuing to be the DevOps and cloud engineering company of choice for development teams in Loudoun and around the world.”
Another company, Dfuse Technologies, made the list for the third time, but for the first time since 2015.
“We love to see businesses appear on the list for many years in a row as an indication of sustained growth,” Rizer added, noting that Unanet, founded in 1988, made the list for a second-straight year.
These 29 companies combined for more than $500 million in revenue last year alone. Rapid growth companies are also important for job creation, as these all-stars combine to employ more than 3,000 people.
Please see the full roster of Loudoun companies on the 2019 Inc. 5000 list:
RankCompanyYears on the ListGrowthIndustryRevenueTown 186Oseth Group20192107%Construction$5.4 millionSterling 390Lakarya20191180%IT System Development$2.9 millionSterling 462ARM Consulting2018-19977%Government Services$3.2 millionLeesburg 472The Building People2018-19955%Real Estate$11.6 millionLeesburg 582FreeAlliance.com2018-19759%Government Services$17.1 millionLeesburg 631Pearson Smith Realty2019699%Real Estate$49.1 millionAshburn 648Nivid Infotech2018-19683%Telecommunications$4.1 millionSterling 887Softrams2019478%IT System Development$16 millionLeesburg 1393Lynker Technologies2016-19297%Government Services$24.7 millionLeesburg 1521Lowers Risk Group2014-19272%Business Products & Services$120.2 millionPurcellville 1675Weris2019244%Government Services$5.1 millionSterling 1784CoSolutions2019229%IT Management$15.9 millionSterling 1844Adeptus Solutions2019220%IT Management$2.4 millionLeesburg 1955SinglePoint Global2017-19205%IT Management$10.9 millionAshburn 2138Stone Tower Winery2018-19188%Food & Beverage$9 millionLeesburg 2336Data Storage Science2019172%IT Management$5.4 millionAshburn 2955FedBiz IT Solutions2016-19127%Government Services$58.6 millionLeesburg 3025Marathon TS2014-19123%Government Services$22.9 millionSterling 3156Core Nutritionals2016-19116%Health$5.1 millionAshburn 3208All Points Broadband2018-19114%Telecommunications$5.7 millionLeesburg 3286Dfuse Technologies2014-15, 2019110%IT System Development$6.9 millionSterling 3509WheelsOnsite USA2014-19100%Business Products & Services$6.2 millionSterling 3729Rhythmic Technologies2017-1992%IT System Development$2.9 millionSterling 3898Unanet2018-1985%Software$30.2 millionSterling 39462020 Teknology201983%IT Services$9.8 millionAshburn 4122Cynet Systems2016-1977%IT Management$55.7 millionSterling 4354Right Sized Solutions2018-1969%Government Services$2.7 millionSterling 4502Sriven Technologies2014-1965%IT System Development$8.4 millionAshburn 4873Datatility2016-1956%IT System Development$6.5 millionAshburn