Dovel Technologies Named to Inc. Magazine First-Ever List of D.C. Metro’s Fastest-Growing Private Companies
McLean, VA, February 26, 2020 – Dovel Technologies, a trusted partner to federal agencies that blends deep domain expertise and advanced technologies in the health IT, life sciences, public safety, and grants management markets, today announced that it is ranked No. 205 on the Inc. magazine’s 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.
“This recognition is a testament to Dovel’s rapid growth driven by our entrepreneurial culture with a focus on three key areas – innovation, customer success, and employee growth,” said Damon Griggs, Dovel CEO. “Our team values its commitment to leading projects that bring impactful and lasting change to improve, protect, and save lives.”
The companies on this list show stunning rates of growth across all industries in the D.C. metropolitan area. Between 2016 and 2018, these 250 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.
Complete results of the Inc. 5000 Series: D.C. Metro can be found here.
About Dovel Technologies
Dovel is a trusted government partner that blends deep domain expertise with advanced technologies to help our customers solve complex problems that improve, protect, and save lives. As a rapidly growing company, we combine entrepreneurial spirit, customer focus, and an outcomes-based approach to support agency missions in health IT, life sciences, public safety, and grants management. To learn more visit www.doveltech.com.
About Inc. Media More about Inc. and the Inc. 5000 Regional Series
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.