18 Delaware companies make Inc. 5000

0

Inc logoEighteen companies in Delaware made the Inc. 5000 list of America’s fastest growing privately held companies.

The fastest growing company in Delaware was information technology firm, X5 Networks, Wilmington, which was ranked at No.. 230 on the list.

Second on the list was Biomedical Laboratories, Wilmington. The company creates science-based sports nutrition and natural remedy products to improve athlete performance and provide relief from medical conditions without risking side effects. The company also produces nutrition products for racehorses. The company ranked 416th on the list.

Third on the list of top 5,000 companies at 452 was Selbyville-based E Revolutions. The company, uses smart algorithms to track and sell millions of products online, across more than a dozen product categories. The company also has brick and mortar stores and is expanding to major markets.

Others on the top nine in Delaware, by rank and three-year-growth rate were:

– 865, Landmark, Dover, a home-builder-renovator, 520 percent.

– 915, Swift Capital, north Wilmington, a business lender, 491 percent.

– 927, DecisivEdge, Wilmington, a credit card and financial services consulting firm, 486 percent.

– 1,172, Dupray, Newark, maker of steam cleaners, 373 percent.

– 2,672, SevOne, north Wilmington, information technology monitoring of corporate systems, 346 percent.

– 2,762, Synchrogenix, north Wilmington, technical writing and strategy firm. 135 percent.

Click here: for the full list of Delaware, companies, as well as links to more detailed information on their operations.

“We know that we can only maximize our economy’s growth and reach our potential as a state if we have an environment in which entrepreneurs can thrive,” stated  Gov. Jack Markell in response to the announcement of the list.

 “The Inc 5000 list is a reflection of some of the progress we have made. Combined with our ranking as one of the top 2 states best positioned for the new economy, as well as the recent recognition of Wilmington as one of the top cities for entrepreneurs, we are moving in the right direction,” the governor stated. “With so many hard working business people and innovators in our state, along with new initiatives like an expanded research and development tax credit for small businesses, we look forward to having more Delaware businesses on this list in the future.”

A blog post by SevOne, noted that the growth of the company continued after the latest rating material was compiled. “And while the Inc. 5000 shows SevOne had just under 300 employees at the end of 2013, SevOne’s Culture of Awesome is now almost 400 strong. SevOne opened an office in Boston in January 2014. But the success and excitement is not just about adding people and expanding offices. Some of the world’s largest organizations rely on SevOne to monitor their IT infrastructures,” the post noted.

A long-time member of the list is Incorporating Services, Dover. “I am proud to say that for the fourth time in seven years, Incorporating Services has received the honor of being named on the Inc. 500|5000 list as well as being the only Delaware based corporate service provider to make the list. The credit for this achievement goes to our dedicated employees and wonderfully loyal clients who have contributed to such steady and dramatic growth”, says Joshua Twilley, president. The company ranked 4,456th on the 5,000-company list.

Capriotti’s, a sandwich shop franchise group founded in Delaware and now based in Las Vegas came in at 4,817.

The INC. 5000 list provides an insight into fast-growing companies in the state that are in rapid growth mode and do not have time or resources to tell their growth story. A few, such as Integrity and SevOne now have hundreds of employees.

Among the 50 states, California had nearly 700 of the 5,000 fast-growing companies, while Wyoming had no companies in the ranking. Pennsylvania had 191 companies, with Maryland coming in at 121 and New Jersey at 164.

Facebook Comments