August 17, 2017
The Richmond region is home to 30 of the fastest-growing companies in the nation.
That’s according to Inc. Magazine’s latest Inc. 5000 list, an annual ranking of privately held companies’ performance based on revenue growth over three years.
The 30 local companies on this year’s list had reported a combined $721.8 million in revenue in 2016.
Innsbrook-based real estate firm Capital Square 1031 was the top-ranked local firm, landing at 485 thanks to a three-year growth rate of 924 percent.
Mobile software maker Shockoe, which is moving its office to Scott’s Addition, followed Capital Square at 499 on the list, posting an 890 percent growth rate.
This year marks both Shockoe and Capital Square’s debut on the Inc. list, though both previously have appeared on BizSense’s RVA 25 list of the fastest-growing companies in Richmond.
Five other local companies made the Inc. list for the first time this year.
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