Business & Tech
Startups To Watch: 5 Falls Church Area Companies Make Inc. 5000 List
The Inc. 5000 list of fastest-growing startups ranked five Falls Church area companies, including one in the top 500.
FALLS CHURCH, VA — Several startups with roots in the Falls Church area are worth keeping an eye on as they respond to some of the nation’s most vexing problems, Inc. magazine said with the release of its 2023 Inc. 5000 list.
The startup companies were ranked by revenue growth from 2019 to 2022. To be considered, they had to have earned at least $100,000 in 2019 and grown that to at least $2 million by the end of 2022. To be considered, the companies must have been up and generating revenue by March 31, 2019.
There were 275 companies from Virginia on the list, including 210 in the DC metropolitan region. That includes 135 companies previously on the Inc. 5000 list and 19 new companies.
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Companies in the Falls Church area included in the ranking are:
- 459. Sierra7, an IT government contractor, grew by 1,257 percent during the three years and ranked 459th nationally.
- 1,883. Grey Market Labs, a software company, grew by 299 percent during the three years and ranked 1,883rd nationally.
- 2,607. VetEvolve, a veterinary services company, grew by 209 percent during the three years and ranked 2,607th nationally.
- 2,798. Alesig Consulting, an IT government contractor, grew by 191 percent during the three years and ranked 2,798th nationally.
- 3,391. ARServices, Limited, a government contractor, grew by 148 percent during the three years and ranked 3,391st nationally.
The Inc. 5000 companies had combined revenues of $358.2 billion, added nearly 1.2 million jobs and grew at a median rate of 219 percent. The list featured 638 newly founded companies and 3,047 repeat honorees.
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