Marcum Tech Top 40
Overview
Now in its 15th 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.
Sponsor
Liberty Bank
Established in 1825, Liberty Bank is one of the oldest and largest mutual banks in the country. With more than $7.4 billion in assets, Liberty has 56 banking offices across Connecticut and one in Massachusetts. As a full-service financial institution, Liberty offers consumer and commercial banking, cash management, home mortgages, business loans, insurance and investment services. Named ‘Top Workplace’ by the Hartford Courant every year since 2012 and designated a 2021 Best-In-State Bank in Connecticut by Forbes Magazine, Liberty maintains a longstanding commitment to superior personal service and unparalleled community involvement.
Nominees
Tech Top 40 Criteria
The contest is to honor those companies that have the largest revenue growth over the past 4 years. The baseline is 2018 revenue, which must be at least $50,000 compared to 2021 revenue, which must be at least $3,000,000. Companies will be required to support revenue numbers by providing proof such as tax returns or compiled, reviewed or audited financial statements.
Winners
“The Marcum Tech Top 40 celebrates the innovators driving the tech and life sciences community in Connecticut and provides a platform for others to learn from and be inspired by their success. The program has endured for 15 years precisely because the Connecticut tech and life sciences sector continues to lead by example and to thrive in the face of significant business challenges. We congratulate each and every entrant and applaud this year’s winners for their leadership, vision and success,” said Michael K. Brooder, CPA, managing partner of Marcum’s Hartford, Connecticut office and the Firm’s National Technology & Life Sciences leader.
Overall Winner
Triax Technologies of Norwalk was named the overall winner and also took first place in the Software category, with four-year growth of 882 percent. Triax Technologies transforms the most challenging work environments and industries through intelligent, innovative technology solutions using real-time and near real-time data and analytics to make worksites run faster, safer, and smarter.
Other 2022 Category Winners
- Tronox Holdings plc (Stamford) — Advanced Manufacturing
- EMCOR Group, Inc. (Norwalk) — Energy, Environment, or Green Technology
- CompassMSP (Hartford) — IT Services
- ARVINAS, INC. (New Haven) — Life Sciences
- Chicken Soup for the Soul Entertainment, Inc. (Cos Cob) — New Media, Internet, or Telecommunications
The 2022 class of Marcum Tech Top 40 winners includes the following companies:
| Company Name | Category | City |
|---|---|---|
| Triax Technologies | Software | Norwalk |
| Inbox Health | Software | New Haven |
| OWIT Global | Software | West Hartford |
| CompassMSP | IT Services | Hartford |
| Hybrid Pathways | IT Services | Hartford |
| IntelliBoard | Software | Monroe |
| Chicken Soup for the Soul Entertainment, INC. | New Media | Cos Cob |
| ARVINAS, INC. | Life Sciences | New Haven |
| IsoPlexis Corp | Life Sciences | Branford |
| Arccos Golf LLC | Software | Stamford |
| MANNKIND CORP | Life Sciences | Danbury |
| Charles IT | IT Services | Middletown |
| MResult Corp. | IT Services | Mystic |
| Tronox Holdings plc | Advanced Manufacturing | Stamford |
| Metrum Research Group | Life Sciences | Tariffville |
| Cara Therapeutics, INC. | Life Sciences | Stamford |
| KUBTEC Scientific | Life Sciences | Stratford |
| Frame It Easy | Advanced Manufacturing | Derby |
| Signify Health, INC. | Life Sciences | Norwalk |
| NETWORK-1 TECHNOLOGIES, INC. | IT Services | New Canaan |
| DATTO HOLDING CORP. | Software | Norwalk |
| COCC | IT Services | Southington |
| SS&C Technologies Holdings Inc. | Software | Windsor |
| STURM RUGER & CO INC | Software | Southport |
| ADNET Technologies, LLC | IT Services | Rocky Hill |
| Saisystems International | IT Services | Shelton |
| Foster Corporation | Advanced Manufacturing | Putnam |
| Advanced Technology Consulting (ATC) | IT Services | South Windsor |
| RBC Bearings | Advanced Manufacturing | Oxford |
| AMPHENOL CORP /DE/ | Advanced Manufacturing | Wallingford |
| U.S. Computer Connection | IT Services | Stamford |
| REED’S, INC. | Advanced Manufacturing | Norwalk |
| SILGAN HOLDINGS INC | Advanced Manufacturing | Stamford |
| PHOTRONICS INC | Advanced Manufacturing | Brookfield |
| Chief Executive Group, LLC | New Media, Internet, or Telecommunications | Greenwich |
| EMCOR Group, INC. | Energy, Environment, or Green Technology | Norwalk |
| Clarity Software Solutions, INC. | Software | Madison |
| GARTNER INC | Advanced Manufacturing | Stamford |
| FACTSET RESEARCH SYSTEMS INC | Software | Norwalk |
| Avangrid, INC. | Energy, Environment, or Green Technology | Orange |