NEW YORK, NY– Inc. magazine today revealed that Karsun Solutions, the enterprise modernization experts, is number 164 on its inaugural Inc. 5000 Series: D.C. Metro list, the most prestigious ranking of the fastest-growing private companies in D.C., Maryland, Virginia, and Delaware. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the D.C. Metro economy’s most dynamic segment.
The companies on this list show stunning rates of growth across all industries in the D.C. metropolitan area. Between 2016 and 2018, these private companies had an average growth rate of 196 percent and, in 2018 alone, they employed over 88,000 people and added $6.5 billion in revenue to the greater D.C. area’s economy. Companies based in the Washington, D.C., Baltimore, and Richmond, Virginia, metro areas brought in the highest revenue overall.
“We are honored to be included among the D.C. Metro’s fastest-growing companies”, said Karsun Solutions CEO Sundar Vaidyanathan. “As Karsun scales we are confident in our ability to deliver quality modernization solutions to our customers throughout the federal government.”
Karsun Solutions has ranked on the Inc. 5000 five consecutive years in a row. Celebrating its tenth anniversary this year, its headcount has grown over 2400% since its founding. To accommodate its expanding team, it recently moved into a new 75,000 square foot headquarters in Herndon, Virginia.
Complete results of the Inc. 5000 Series: D.C. Metro, including an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/inc5000-series-dc-2020.
About Karsun Solutions
Karsun Solutions is a fast-growing, innovative, enterprise modernization firm. The Virginia Chamber of Commerce, Washington Business Journal, and Inc. all recognize Karsun Solutions among the fastest-growing companies in the Washington, D.C. region. Karsun teams deliver software development, cloud, and advanced analytics solutions to customers at government agencies including the Department of Homeland Security, Federal Aviation Administration, and General Services Administration. It is an established firm, with a DCAA Approved Accounting System, CMMI Level 5 – DEV appraisal, and AWS Government Competency as well as ISO 9001, ISO 20000 and ISO 27001 certifications.
More about Inc. and the Inc. 5000 Regional Series
Methodology
The 2020 Inc. 5000 Regional Series is ranked according to percentage revenue growth when comparing 2016 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2018 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels, including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.