June 23, 2024
Annapolis, US 94 F

6 Annapolis firms make Inc magazine’s 5000 list

inc500Annapolis Mayor Michael Pantelides announces that six local businesses made Inc.’s annual 5000 list. Being on the list indicates that the company is growing quickly and is well prepared to expand in the coming years. The list ranks companies based on three-year revenue growth, in this case from 2012 through 2015.

“These businesses exemplify the inventive and progressive leadership of Annapolis and we are proud that they chose to invest in our city,” Mayor Pantelides said. “This recognition speaks to the expert management of these companies, as well as the excellence of their employees.” 

Below is a list of the six Annapolis companies that made the list, including the type of business and their three-year growth percentages: 

No. 24: Furniture Solutions Group (Large-scale furniture supplier)

3-year growth: 7,800%


619 Severn Avenue, Suite 302 Annapolis, MD 21403

No. 721: DATUM (Software)

3-year growth: 545%


One Park Place, Suite 540, Annapolis, MD 21401

No. 1,427: TRACE International, Inc. (Anti-bribery compliance support)

3-year growth: 268%


151 West Street, Annapolis, MD 21401

No. 1,686: Capital Teas (Specialty beverages)

3-year growth: 220%


HQ – 1814 Margaret Avenue, Annapolis, MD 21401

77 Main Street, Annapolis, MD 21401

No. 1,688: Mavenspire (Data center services)

3-year growth: 220%


53 Old Solomons Island Road, Suite H, Annapolis, MD 21401

No. 2,259: SailTime (Sailboat rental)

3-year growth: 161%


7082 Bembe Beach Road, Suite 204, Annapolis MD 21403 

“It shows that Annapolis has a robust and diverse business climate and opportunity to create economic growth,” Annapolis Economic Development Manager Hollis Minor said.

“Businesses like these continue to make Annapolis the best place to live, work and run a business.”

The complete list of all 5,000 companies can be at found at http://www.inc.com/inc5000/list/2016/, and all of the Maryland companies that made the list can be found at http://www.inc.com/inc5000/list/2016/state/md/


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