Inc. 5000 names Maryland's fastest growing companies in 2023

08/29/2023| Amanda Winters

Inc. 5000 names Maryland's fastest growing companies in 2023

08/29/2023 | Amanda Winters

A total of 111 Maryland businesses have been named among the fastest-growing companies in the country, according to the latest Inc. 5000 rankings.

The recent announcement, which includes industries ranging from IT services to software to financial services, features nine Maryland companies named among the top 500 in the nation. See the below list for details.

These 111 companies added more than 10,500 jobs to the state, with a median growth of 177 percent. Eight of these businesses were newly-formed and 78 businesses were repeat honorees on the Inc. 5000 list.

“We’re proud to see more than 100 local companies once again be named to the Inc. 5000 rankings,” said Maryland Commerce Secretary Kevin Anderson. “These fastest-growing companies are helping Maryland’s business community thrive, and we are thankful for their significant impact on the state’s economy.”

Top Fastest Growing Companies in Maryland 2022 (top 500)

Rank - Company - Growth - Industry - City
134 - 20/20 GeneSystems - 3,736% - Health Products - Gaithersburg
213 - hyrUP - 2,632% - Business Products & Services - Potomac
264 - Gen3 Technology Consulting - 2,123% - IT Services - Gaithersburg
275 - Impact Analytics - 2,035% - Software - Linthicum
343 - Windsor Group - 1,689% - Government Services - Bethesda
373 - Brutus Broth - 1,556% - Consumer Products - Owings Mills
378 - myDigitalOffice - 1,539% - Software - Bethesda
408 - Axiom Consultants - 1,416% - Government Services - Rockville
452 - Yellow Tail Tech - 1,268% - Education - Silver Spring

View this year’s Inc. 5000, and the list of 111 Maryland companies, in its entirety. 

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