HERNDON, VA- Karsun Solutions, an IT modernization company, announced it was named among the Fantastic 50, a yearly ranking of the fastest growing firms in Virginia. Held in Chantilly, Virginia, the award program is a signature event of the Virginia Chamber of Commerce. Now in its 24th year, the Fantastic 50 program is the only annual statewide award recognizing Virginia’s fastest growing businesses. Nominations for the 2019 Fantastic 50 were sought last fall from local chambers of commerce, economic development organizations, and through the sponsors’ networks; companies may also nominate themselves.
“It is our honor to recognize the entrepreneurial spirit of the fifty fastest growing businesses within the Commonwealth,” said Barry DuVal, president and CEO of the Virginia Chamber of Commerce. “We know that the success stories shared tonight will only grow more prevailing as the Chamber continues to implement the strategies outlined in Blueprint Virginia 2025, making Virginia the best place for businesses to start and grow. We are glad to toast the Virginia business leaders and the dedicated employees who have brought these companies continued success.”
In addition to the Fantastic 50, the Chamber announced four Virginia Vanguard winners, recognized for the highest growth in the categories of service, technology, retail/wholesale, and recognizing the company with the highest overall growth in Virginia. Kartik Mecheri, Co-Founder and Chief Architect at Karsun Solutions, accepted the award on the organization’s behalf.
“Karsun’s growth, celebrated tonight, is a reflection of our dedication to delivering high-quality modernization solutions to the Federal Government,” said Mecheri.
Located in Herndon, Virginia, Karsun Solutions specializes in government modernization. Karsun offers modern software development, cloud, and advanced analytics solutions to customers at agencies including the Department of Homeland Security (DHS), Federal Aviation Administration (FAA), and General Services Administration (GSA). Founded in 2009, the firm experienced early growth by merging innovation with data-driven outcomes.
Karsun celebrated the first year of its FAA SSD contract in 2018. In August of that year, the $145 million program increased headcount by more than 150 people. This expansion also included the addition of new teams in Oklahoma City, Oklahoma. In October, Alliant Solutions Partner, with Karsun Solutions as the managing partner, was awarded the GSA Database and Middleware Systems (DMS) Task Order. That year, the growing company ranked among the Inc. 5000 for the fourth year in a row.
The company expects to sustain this growth beyond 2019. Karsun was recently awarded its first full and open contract, the $80 million FEMA Grants Management Modernization BPA. Earlier this year the firm announced KHS Solutions, a mentor-protégé joint venture between Karsun Solutions and MindCubed. The joint venture was awarded a spot on the SEC One IT contract vehicle. This new vehicle broadened the organization’s reach into the Securities and Exchange Commission. Karsun is expanding and currently is hiring over 100 new technical positions to support its increasing customer base.
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 getting Virginia back to the top of national business climate rankings. Learn more at www.vachamber.com.