NEW YORK, NY– Inc. magazine today revealed that Karsun Solutions, an IT modernization firm serving the United States government, is No. 2523 on its annual Inc. 5000 list. This is the firm’s fifth appearance on the list. As a five-time honoree Karsun Solutions joins an elite club. Just four percent of Inc. 5000 companies make the list five times.
The Inc. 5000 list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“We are honored by our membership among these performance-focused companies,” said Karsun Solutions CEO Sundar Vaidyanathan. “Our teams have long dedicated themselves to our customers, delivering quality solutions in each engagement.”
As a result of continuous year-over-year growth Karsun Solutions will move into a new headquarters in Herndon, Virginia this year. The office is slated to open in September 2019. The new 75,000+ square foot space will house corporate and customer teams in addition to the Karsun Innovation Center and training facilities. As part of the firm’s expansion, the organization plans to hire more than a hundred people in 2019. Candidates may apply at karsun-llc.com/careers.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
Not only have the companies on the 2019 Inc. 5000 (which are listed online at Inc.com, with the top 500 companies featured in the September issue of Inc., available on newsstands August 20) been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
About Karsun Solutions
The federal IT modernization experts, Karsun Solutions enables enterprise transformation for its government customers including the Department of Homeland Security, Federal Aviation Administration and General Services Administration. An innovation-based and performance-driven culture, Karsun Solutions teams deliver extraordinary Modern Software Development, Cloud and Data and Advanced Analytics solutions to their customers. Karsun Solutions commitment to quality includes a DCAA Approved Accounting System, a CMMI Level 5 – DEV appraisal plus ISO 9001, ISO 20000 and ISO 27001 certifications.
More about Inc. and the Inc. 5000
Methodology
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. 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 2015 is $100,000; the minimum for 2018 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.