Business & Tech

Here Are The Fastest Growing Companies In Philadelphia

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

PHILADELPHIA — Growth is something everyone can aspire to, and that’s no different for America’s most successful new companies. Inc., a magazine which publishes weekly content about small businesses and startups in the United States, recently released their annual report outlining the 5,000 fastest-growing privately owned companies in the nation.

Companies were ranked according to their percentage revenue growth from 2015 to 2018, according to the report. Philadelphia has 27 of the most successful new companies in the country.

Here are the fastest growing companies in Philly:

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  • Company Name: Perpay
  • Growth: 18,166 percent
  • Industry: Retail
  • Revenue: $22.5 million
  • Company Name: Double wood
  • Growth: 1,147 percent
  • Industry: Health
  • Revenue: $6.9 million
  • Company Name: Vaughan Buckley Construction
  • Growth: 891 percent
  • Industry: Construction
  • Revenue: $18.4 million
  • Company Name: Patient Care Coordination
  • Growth: 631 percent
  • Industry: Health
  • Revenue: $4.2 million
  • Company Name: STRATIS IoT
  • Growth: 592 percent
  • Industry: Software
  • Revenue: $3.9 million
  • Company Name: Health Union
  • Growth: 469 percent
  • Industry: Health
  • Revenue: $29.6 million
  • Company Name: Dropps
  • Growth: 409 percent
  • Industry: Consumer Products & Services
  • Revenue: $4.2 million
  • Company Name: The Roman Guy
  • Growth: 327 percent
  • Industry: Travel & Hospitality
  • Revenue: $6 million
  • Company Name: Medical Guardian
  • Growth: 293 percent
  • Industry: Health
  • Revenue: $46.4 million
  • Company Name: Cloudnexa
  • Growth: 185 percent
  • Industry: IT Management
  • Revenue: $34.5 million
  • Company Name: Security Group
  • Growth: 180 percent
  • Industry: Security
  • Revenue: $9.2 million
  • Company Name: La Colombe Coffee Roaster
  • Growth: 178 percent
  • Industry: Food & Beverage
  • Revenue: $94.9 million
  • Company Name: Tridiuum
  • Growth: 153 percent
  • Industry: Software
  • Revenue: $5 million
  • Company Name: Open Systems Healthcare
  • Growth: 153 percent
  • Industry: Health
  • Revenue: $70.1 million
  • Company Name: Petrelli Previtera Schimmel
  • Growth: 143 percent
  • Industry: Consumer Products & Services
  • Revenue: $2.7 million
  • Company Name: Mobile Outfitters
  • Growth: 140 percent
  • Industry: Consumer Products & Services
  • Revenue: $12.2 million
  • Company Name: Streamline
  • Growth: 139 percent
  • Industry: Real Estate
  • Revenue: $44.8 million
  • Company Name: Techfino
  • Growth: 135 percent
  • Industry: Business Products & Services
  • Revenue: $2.2 million
  • Company Name: Saxbys
  • Growth: 96 percent
  • Industry: Food & Beverage
  • Revenue: $11.1 million
  • Company Name: Wodify Technologies
  • Growth: 93 percent
  • Industry: Software
  • Revenue: $11.1 million
  • Company Name: Seer Interactive
  • Growth: 91 percent
  • Industry: Advertising & Marketing
  • Revenue: $23.1 million
  • Company Name: Municibid
  • Growth: 89 percent
  • Industry: Government Services
  • Revenue: $17.3 million
  • Company Name: Jacobson Strategic Communications
  • Growth: 82 percent
  • Industry: Advertising & Marketing
  • Revenue: $2.7 million
  • Company Name: Professional Capital Services
  • Growth: 68 percent
  • Industry: Financial Services
  • Revenue: $19.3 million
  • Company Name: Juno Search Partners
  • Growth: 66 percent
  • Industry: Human Resources
  • Revenue: $6 million
  • Company Name: Customized Energy Solutions
  • Growth: 64 percent
  • Industry: Energy
  • Revenue: $42.6 million
  • Company Name: Angeion Group
  • Growth: 58 percent
  • Industry: Business Products & Services
  • Revenue: $10.2 million

The top spot on the business magazine’s list goes to the advertising & marketing company Freestar, which is based in Phoenix, Arizona.

Here are the top ten fastest growing companies in the United States:

Find out what's happening in Chestnut Hill-Mt. Airyfor free with the latest updates from Patch.

  1. Freestar — Phoenix, Arizona — 36,680 percent growth.
  2. FreightWise — Brentwood, Tennessee — 30,548 percent growth.
  3. Cece’s Veggie Co. — Austin, Texas — 23,880 percent growth.
  4. LadyBoss — Alburquerque, New Mexico — 21,850 percent growth.
  5. Perpay — Philadelphia, Pennsylvania — 18,166 percent growth.
  6. Cano Health — Miami, Florida — 14,183 percent growth.
  7. Bear Mattress — Hoboken, New Jersey — 13,481 percent growth.
  8. Connected Solutions Group — Mechanicsville, Virginia — 12,565 percent growth.
  9. Providence Healthcare Management — Cleveland, Ohio — 12,565 percent growth.
  10. NOM — Los Angeles, California — 11,996 percent growth.

“The beautiful thing is, when you start making people more money and helping them run their businesses better, they typically have pretty big mouths,” says David Freedman, the co-founder of the No. 1-ranked Freestar, a company that sells solutions and services that help publishers make more money online by perfecting advertising operations.

Freestar had a revenue of $36.9 million in 2018.

Patch reporter Gus Saltonstall contributed to this report.

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