Home to some of the nation's biggest companies, Atlanta boasts a wealth of business opportunity. Startups can not only sell to those big companies, but they can also pull tech talent from one of the nation's best engineering schools, Georgia Tech. They've also got CNN around the corner to cover their big releases.
What's more, Atlanta is increasingly becoming a hub for venture capital, bringing in about $233 million with 32 deals during the first nine months of this year, according to the National Venture Capital Association.
With 190 companies on the 2014 Inc. 5000, Atlanta ranks as the city with the third-highest number of fast-growth companies. This year's overall list tracks private company performance by way of revenue growth between fiscal years 2010 and 2013. Below, see which companies are whipping up the biggest gains in Atlanta.
10. Vert Mobile
Founded in 2009, Vert Mobile creates custom brand campaigns across social and mobile platforms for companies like the Weather Channel and ESPN. The company specializes in content marketing, social brand management, mobile website and app development, cross-device user experience and user interface, and native advertising media campaigns. Vert Mobile has secured number 548 on the Inc. 5000 this year, having grown its revenue 874 percent to $2.2 million in 2013 from $230,000 in 2010.
9. Hannah Solar
In just six years this solar developer and integrator has built more than 250 solar projects across the Southeast. Hannah Solar also does business installing electric vehicle charging stations. The company ranks number 536 on the Inc. 5000, having increased its revenue 891 percent to nearly $31 million in 2013 from $3.1 million 2010. With CEO Peter Marte at the helm, Hannah Solar has established itself as a leader in sustainable energy.
8. Mashburn Outdoor
Since 2009, Mashburn Outdoor has been providing advertising programs ranging from exterior and interior airport programs, airport transit shuttle wraps, double-decker sightseeing bus wraps, traditional and digital billboards, and event-based transit advertising in metro areas around the country. Having grown its revenue nearly 1,010 percent since 2010--to $5.7 million from about $514,000--the company ranks number 467 on the Inc. 5000. It's still a relatively small company, with only 12 employees as of 2013, but it has managed to establish itself as a leader in the travel advertising space.
7. Cloud Sherpas
This cloud services brokerage serves as an intermediary between businesses and the cloud technologies they use, helping customers adopt, manage, and enhance technology from providers such as Google, Salesforce.com, and ServiceNow. Founded in 2007, Cloud Sherpas has grown from 23 employees in 2010 to 694 employees as of 2013. This is the second time the company has made the Inc. 5000, coming in at number 458 this year. Since 2010 Cloud Sherpas has increased its revenue 1,036 percent to $113 million from nearly $10 million.
Founded in 2009, this health care services company made it to the number 405 spot on the Inc. 5000. Patientco offers a cloud-based system for the health care payment process that cuts costs and streamlines the patient revenue cycle for providers. It makes it easier for everyone to manage healthcare expenses. In the past three years the company has increased its revenue 1,167 percent to $2.96 million in 2013, from more than $234,000 in 2010.
5. StandBy Talent Staffing Services
StandBy Talent Staffing Services provides project-based, temp-to-hire, and direct-hire staffing services to businesses and organizations in the areas of IT, accounting, and finance. The company also offers administrative and office support services to clients. StandBy has been operating in the southeastern U.S. since 2003--making it onto the Inc. 5000 last year with a ranking of 447. This year it moved up to number 396, having grown its sales 1,179 percent to $3.7 million in 2013 from about $287,000 in 2010.
4. Caduceus Healthcare
This year marks the second time Caduceus Healthcare made the Inc. 5000, coming in at number 301 last year and at 334 in 2014. The government services company was founded in 2008 and provides health care and IT staffing and services to Department of Defense and VA medical treatment facilities. Over the past three years Caduceus has increased its annual revenue 1,385 percent to $6 million in 2013, up from more than $405,000 in 2010.
3. Expert Technical Solutions
Since 2010, Expert Technical Solutions has been providing technical and IT staffing resources. Ranked number 239 on the Inc. 5000 and number 26 in the IT Services category, the company offers customized contract, contract-to-hire, and direct-hire staffing. Expert Technical Solutions' revenue has grown its sales 1,908 percent to $3.5 million in 2013 from nearly $174,000 in 2010.
2. Futurewave Systems
Futurewave Systems provides companies like Sony and Hewlett-Packard with staffing and technology services. The company, which was founded in 2006, offers IT staffing, software and mobile app development, social media, and cloud computing services. Not only did Futurewave Systems rank number 180 on the Inc. 5000 list, but it also won Atlanta's Best and Brightest Companies to Work for in 2014. Between 2010 and 2013, the company's annual revenue grew 2,343 percent to $2.8 million from more than $113,000.
1. Residential Capital Management
Not only is Residential Capital Management the fastest-growing company in Atlanta, the four-year-old real estate firm secured number 147 on the overall 2014 Inc. 5000. Residential Capital Management provides sourcing, property management, construction management, disposition services, capital raising, and title services for single-family home real estate in the Southeast. In the past few years, the company has grown its revenue by 2,626 percent to the grand tally of $30.2 million in 2013, up from $1.1 million in 2010. During the same period, Residential Capital also added 131 new jobs.