For the 4th Time, Edgewater Ranks on the Inc. 5000
August 18, 2022 / Brooke Faulkner / News
FREDERICK, Md. (August 16, 2022) – Today, Inc. revealed that techfrederick member, Edgewater Federal Solutions, Inc. (Edgewater) is No. 3175 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy’s most dynamic segment—its independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“Edgewater is thrilled to make the Inc. 5000 list for the 4th year in a row!” states Richard Yockman, Founder of Edgewater. “In the past three years, our revenue has increased 168 percent, and that tremendous growth wouldn’t have been possible without our spectacular team. Their dedication and expertise continues to give us our edge in the industry and plays an instrumental role in our expansion.”
The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Among the top 500, the average median three-year revenue growth rate soared to 2,144 percent. Together, those companies added more than 68,394 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. The top 500 companies are featured in the September issue of Inc. magazine, which will be available on August 23.
“The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated,” says Scott Omelianuk, editor-in-chief of Inc. “Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today.”
About Edgewater Federal Solutions, Inc.
Edgewater Federal Solutions, Inc. was founded in 2002 and has a history of excellence in supporting its customers’ missions. Edgewater has successfully partnered with federal and commercial clients, including over 25 Department of Energy organizations, to work on mission-critical IT Services. Edgewater’s capabilities include enterprise IT, information assurance and cybersecurity, business process optimization, systems engineering and development, program management, data science and analytics, and professional services. Edgewater is a repeated awardee of such honors as The Washington Post Top Workplaces and Inc. 5000 Fastest Growing Companies. Edgewater holds CMMI and ISO certifications, and its’ motto of “Our People… Your Edge” signifies the value and importance that the company holds for its’ employees. Visit www.EdgewaterIT.com for more information.
Ellen Buchanan, Edgewater Federal Solutions, Inc.
More about Inc. and the Inc. 5000
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. The top 500 companies on the Inc. 5000 are featured in Inc. magazine’s September issue. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.
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 & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.