HERNDON, VA – The Virginia Chamber of Commerce named Karsun Solutions, a government modernization firm, among the 2020 Virginia’s Fantastic 50. This is the second year in a row Karsun ranked on this annual list of the fifty fastest growing companies in Virginia. The announcement comes as both organizations observe landmark anniversaries. Karsun recently marked its 10th anniversary, celebrating a decade of fast growth and service to its government customers. Celebrating its 25th anniversary, the Fantastic 50 program is the only statewide awards program of its kind which honors the fifty fastest growing companies in the Commonwealth.
“Small business is the heart of our economy and we are pleased to honor the entrepreneurial spirit and hard work of Virginia’s fifty fastest growing businesses,” said Barry DuVal, President and CEO of the Virginia Chamber of Commerce. “Although we are unable to honor these business leaders and their dedicated teams in-person, due to COVID-19, we applaud each of these companies who continue to set the bar higher every year and want to ensure they receive the recognition they deserve for their contributions to the Commonwealth.”
Even as the business climate rapidly changes, Karsun Solutions is investing in future growth. In March it announced it moved to virtual hiring in support of its Talent Team staff and its rapidly expanding teams. As the organization’s software development, cloud, and advanced analytics practices grow it anticipates staffing up throughout 2020.
“We celebrate the drive and vision exemplified by our fellow honorees,” said Sundar Vaidyanathan, CEO at Karsun Solutions. “This mindset inspires us to press on, serving our customers, driving innovation, and delivering extraordinary work as we ensure the safety and well-being of our teams.”
In addition to the Fantastic 50, the Chamber announced three Virginia Vanguard winners, recognized for the highest growth in the categories of service and technology, and recognizing the company with the highest overall growth in Virginia.
More information on each of the Fantastic 50 businesses for this year can be found in the feature story published by Virginia Business Magazine.
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. Information on employment opportunities is available at karsun-llc.com/careers.
About the Awards
Virginia’s FANTASTIC 50 award program is a signature event of the Virginia Chamber of Commerce. Now in its 25th year, the FANTASTIC 50 program is the only annual statewide award recognizing Virginia’s fastest growing business.
Nominations for the 2020 FANTASTIC 50 were sought last fall from local chambers of commerce, economic development organizations, and through the sponsors’ networks; companies may also nominate themselves.
To be eligible, a company must be privately held with headquarters in Virginia, show revenues between $200,000 and $200 million, and demonstrate positive revenue growth and positive net income in its most recent fiscal year over the previous year. Companies are judged on four-year revenue history (2015-2018.) The professional service firm Dixon Hughes Goodman verifies all award entries.
The Fantastic 50 award program is sponsored by the Virginia Chamber of Commerce, Cox Communications, Inc., Hunton Andrews Kurth LLP, Dixon Hughes Goodman, J.P. Morgan Chase, Amazon, the Westfields Marriott, SunTrust now Truist , Virginia Business Magazine, In Your Ear Studios, and the Fairfax County Economic Development Authority.
About the Virginia Chamber of Commerce
The Virginia Chamber of Commerce is the largest business organization in the Commonwealth, with more than 26,000 members. The Chamber is a non-partisan, business advocacy organization that works in the legislative, regulatory, civic and judicial arenas to act as the catalyst for positive change in all areas of economic development and competitiveness for Virginia. In December 2017, the Chamber released an update to its long-term strategic economic development plan, Blueprint Virginia 2025, which engaged over 6,000 business and community leaders to lay out a plan to get Virginia back to the top of national business climate rankings. Learn more at www.vachamber.com.