Marcum Tech Top 40
Overview
Now in its 17th year, the Marcum Tech Top 40 is the premier awards program recognizing Connecticut’s fastest growing technology companies. The awards recognize technology leaders in six industry sectors that reflect the state’s technology landscape:
- Advanced Manufacturing
- Energy, Environment, or Green Technology
- IT Services
- Life Sciences
- New Media, Internet, or Telecommunications
- Software
Tech Top 40 companies are both privately and publicly held, must have $3 million in annual revenue, and demonstrate a record of revenue growth in the past four years. Companies can also apply for the Accelerator award designed for companies that successfully scaled to $3 million in revenue in fewer than three years.
Apply for a chance to be recognized as Marcum’s top tech company in Connecticut!
Applications are due Monday, September 16, 2024 by 5PM EDT.
This year’s awards selection will include a virtual announcement and video on Wednesday, October 30, 2024.
Nominees
Tech Top 40 Criteria
The contest is to honor those companies that have the largest revenue growth over the past 4 years. The baseline is 2020 revenue, which must be at least $50,000 compared to 2023 revenue, which must be at least $3,000,000. Companies will be required to support revenue numbers by providing proof such as tax returns or compiled, reviewed or audited financial statements to [email protected], upon submission of this application.
Accelerator Criteria
Companies who are experiencing significant revenue growth but do not yet meet the requirement of having been in business for at least four years may apply for the Accelerator Award. The Accelerator category requires a company to have been in business for two or three years, and have reached at least $3,000,000 in revenue within that time. Revenue must be entered into questions #12-14, depending on the age of the company. If revenue information is not available for all three years, please include a 0 in the FYE 2021 field.
2023 Winners
“We would like to extend our congratulations to all the participants and give a special round of applause to this year’s winners for their outstanding leadership, vision, growth, and success,” said Michael K. Brooder, CPA, managing partner of Marcum’s Hartford, Connecticut office and the Firm’s National Technology & Life Sciences leader. “Despite a challenging year for many in the tech and life sciences sector, they have continued to set an example for others to follow. This is why Marcum Tech Top 40 has honored and celebrated the innovators driving Connecticut’s tech and life sciences community for the past 16 years.”
Overall Winner
InBox Health of New Haven was named the overall winner and took first place in the Software category, with a four-year growth of 388.3 percent. Inbox Health integrates with popular practice management systems, allowing you to seamlessly manage patient A/R in one place.
Other 2023 category winners include the following companies:
- Amphenol Corporation (Wallingford) – Advanced Manufacturing
- Altus Power, Inc. (Stamford) – Energy, Environment, or Green Technology
- CompassMSP (Hartford) – IT Services
- Arvinas, Inc. (New Haven) – Life Sciences
- Chicken Soup for the Soul Entertainment, Inc. (Cos Cob) – New Media, Internet, or Telecommunications
The 2023 class of Marcum Tech Top 40 winners include the following companies (in alphabetical order):
(Company Name, Category, City)
| Company Name | Category | City |
|---|---|---|
| Altus Power, Inc | Energy, Environment, or Green Technology | Stamford |
| Amphenol Corp | Advanced Manufacturing | Wallingford |
| Arccos Golf LLC | Software | Stamford |
| ARVINAS, Inc | Life Sciences | New Haven |
| Avangrid, Inc | Energy, Environment, or Green Technology | Orange |
| Booking Holdings Inc | Software | Norwalk |
| Braxton Manufacturing Co., Inc | Advanced Manufacturing | Watertown |
| Burke Aerospace | Advanced Manufacturing | Farmington |
| Cara Therapeutics, Inc | Life Sciences | Stamford |
| Charter Communications, Inc | New Media, Internet, or Telecommunications | Stamford |
| Chicken Soup for the Soul Entertainment, Inc | New Media, Internet, or Telecommunications | Cos Cob |
| Chief Executive Group, LLC | New Media, Internet, or Telecommunications | Greenwich |
| Clarity Software Solutions, Inc | Software | Madison |
| COCC | IT Services | Southington |
| CompassMSP | IT Services | Hartford |
| Connecticut Center for Advanced Technology | Advanced Manufacturing | East Hartford |
| Eastern Company | Advanced Manufacturing | Shelton |
| EMCOR Group, Inc. | Advanced Manufacturing | Norwalk |
| FactSet Research Systems Inc | Software | Norwalk |
| Foster Corporation | Advanced Manufacturing | Putnam |
| FuelCell Energy Inc | Energy, Environment, or Green Technology | Danbury |
| GeneDx Holdings Corp | Life Sciences | Stamford |
| Hubbell Inc | IT Services | Shelton |
| Inbox Health | Software | New Haven |
| IsoPlexis Corp | Life Sciences | Rocky Hill |
| ITT Inc | Advanced Manufacturing | Stamford |
| Ivy Biomedical | Life Sciences | Branford |
| KUBTEC | Life Sciences | Stratford |
| MannKind Corp | Life Sciences | Danbury |
| Metrum Research Group Inc | Life Sciences | Tariffville |
| MResult Corp | IT Services | Mystic |
| Photronics Inc | Advanced Manufacturing | Brookfield |
| Pitney Bowes Inc | Advanced Manufacturing | Stamford |
| RBC Bearings Inc | Advanced Manufacturing | Oxford |
| Saisystems Technology | IT Services | Shelton |
| SS&C Technologies | IT Services | Windsor |
| Stanley Black & Decker, Inc | Advanced Manufacturing | New Britain |
| Sturm Ruger & Co Inc | Advanced Manufacturing | Southport |
| The Walker Group | IT Services | Farmington |
| Tronox Holdings Plc | Advanced Manufacturing | Stamford |