Overview

Now in its 13th year, the Marcum Tech Top 40 is the premier awards program recognizing Connecticut’s fastest growing technology companies. The awards recognize technology leaders in six industry sectors that reflect the state’s technology landscape:

  • Advanced Manufacturing
  • Energy, Environment, or Green Technology
  • IT Services
  • Life Sciences
  • New Media, Internet, or Telecommunications
  • Software

Tech Top 40 companies are both privately and publicly held, must have $3 million in annual revenue, and demonstrate a record of revenue growth in the past four years. Companies can also apply for the Accelerator award designed for companies that successfully scaled to $3 million in revenue in fewer than three years.

Overall Winner

Cara Therapeutics, Inc. (Nasdaq: CARA) of Stamford was named the overall winner and also took first place in the Life Sciences category, with four-year growth of 23,023 percent. Cara Therapeutics is a clinical-stage biopharmaceutical company focused on developing and commercializing new chemical entities designed to alleviate pruritus, or chronically itchy skin. The company is currently in Phase 3 clinical trials for its KORSUVA brand injection and Phase 2 trials for oral KORSUVA.

Other Category Winners

  • Charles IT (Middletown) – IT Services
  • Device42, Inc. (West Haven) – Software
  • Frame It Easy (Derby) – Advanced Manufacturing
  • Potoo Marketing LLC (Norwalk) – New Media, Internet, and Telecommunications
  • Precision Combustion, Inc. (North Haven) – Energy, Environmental, and Green Technologies

The complete list of 2020 Marcum Tech Top 40 companies is as follows:
(Company Name, Category, City, County)

  • 3Gtms, Software, Shelton, Fairfield
  • ADNET Technologies, IT Services, Farmington, Hartford
  • Amphenol Corporation, Advanced Manufacturing, Wallingford, New Haven
  • Arccos Golf LLC, Software, Stamford, Fairfield
  • Arvinas, Inc., Life Sciences, New Haven, New Haven
  • Barnes Group Inc., Advanced Manufacturing, Bristol, Hartford
  • Booking Holdings, Inc., Software, Norwalk, Fairfield
  • Cara Therapeutics, Inc., Life Sciences, Stamford, Fairfield
  • Charles IT, IT Services, Middletown, Middlesex
  • Charter Communications, Inc., New Media/ Internet/ Telecom, Stamford, Fairfield
  • Chicken Soup for the Soul Entertainment, Inc., New Media/ Internet/ Telecom, Greenwich, Fairfield
  • Chief Executive Group LLC, New Media/ Internet/ Telecom, Stamford, Fairfield
  • Clarity Software Solutions, Inc., Software, Madison, New Haven
  • COCC, IT Services, Southington, Hartford
  • Crane Co., Advanced Manufacturing, Stamford, Fairfield
  • Defibtech, LLC, Life Sciences, Guilford, New Haven
  • Device42, Inc., Software, West Haven, New Haven
  • Exago, Inc., Software, Shelton, Fairfield
  • F3 Technology Partners, IT Services, West Hartford, Hartford
  • FactSet Research Systems, Inc., Software, Norwalk, Fairfield
  • Frame It Easy, Advanced Manufacturing, Derby, New Haven
  • HealthPlanOne, LLC, New Media/ Internet/ Telecom, Stamford, Fairfield
  • Hexcel Corporation, Advanced Manufacturing, Stamford, Fairfield
  • Hubbell Inc., IT Services, Shelton, Fairfield
  • Information Services Group, Inc., IT Services, Stamford, Fairfield
  • IT Direct, LLC, IT Services, West Hartford, Hartford
  • KUB Technologies, Inc., Life Sciences, Stratford, Fairfield
  • Kyber Security, IT Services, Fairfield, Fairfield
  • Metrum Research Group, Life Sciences, Tariffville, Hartford
  • MResult Corp., IT Services, Mystic, New London
  • Potoo Marketing LLC, New Media / Internet / Telecom, Norwalk, Fairfield
  • Precision Combustion, Inc., Energy, Environment, or Green Technology, North Haven, New Haven
  • RBC Bearings, Inc., Advanced Manufacturing, Oxford, New Haven
  • Saisystems International, IT Services, Shelton, Fairfield
  • Siligan Holdings, Inc., Advanced Manufacturing, Stamford, Fairfield
  • Southridge Technologies, LLC, Brookfield, Fairfield
  • SS&C Technologies, Inc, Software, Windsor, Hartford
  • Stanley Black & Decker, Inc., Advanced Manufacturing, New Britain, Hartford
  • The Eastern Company, Advanced Manufacturing, Naugatuck, New Haven
  • Tronox Holdings plc, Advanced Manufacturing, Stamford, Fairfield
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