Between the Liberty Bell and the famed cheesesteak, Philly is already a lively town. Tack on a thriving tech scene, and this historical city is handily heading into the 21st century.
In particular, biotech is sweeping the city. Thanks to the University City Science Center, which started as an urban revitalization project and is now a science startup incubator, Philly is becoming the go-to place to launch a medical or health tech startup.
With 191 companies on the 2014 Inc. 5000, Pennsylvania overall boasts the eighth highest number of fast-growth companies. This year's Inc. 5000 tracks private company performance, by way of their revenue growth between fiscal years 2010 and 2013. Below, see which companies are whipping up the fastest-growing sales in the City of Brotherly Love:
10. Trinity Insight
Founded in 2006, Trinity Insight helps clients with marketing and sales optimization. Over the past three years, the company’s revenue has grown 119 percent, to $2.1 million in 2013 from $971,000 in 2010. With Craig Smith as CEO, Trinity Insight landed the No. 3,008 spot on this year’s Inc. 5000.
9. Magellan Search & Staffing
This year marks the third time Magellan has landed in the Inc. 5000, coming in at No. 1,952 in 2014. The human resources company specializes in the placement of accounting, administrative, construction, and renewable energy professionals into direct-hire, consulting, and contract positions. Magellan Search & Staffing has increased its revenue 208 percent, to $8.1 million in 2013 from $2.6 million in 2010. And as of 2013, CEO Joseph Nicolas had more than tripled the company’s team, with 85 employees.
8. Intuitive Company
This 10-year-old company specializes in creating user-centered digital experiences, from mobile apps to websites. It ranks No. 1,764 on this year’s Inc. 5000, having increased its revenue 235 percent, to $7.2 million in 2013 from $2.1 million in 2010. With CEO Greg Picarelli at the helm, Intuitive can name Adobe, Pfizer, and TDBank as some of its clients.
Founded in 2000, this education company has made the Inc. 5000 seven times. This year, it ranks No. 1,186, having increased its revenue 370 percent, to $77.7 million in 2013 from $16.5 million in 2010. With Dan Roitman as CEO, Stroll uses proprietary analytical marketing methods to sell educational products to consumers. It offers products like the Pimsleur foreign language learning program as well as materials on memory enhancement, vocabulary development, and a "photo reading" speed-reading program.
6. Pine Hill Group
This financial services company ranks No. 1,179 on this year’s Inc. 5000. Founded in 2007, Pine Hill Group provides services in financial management and accounting, mergers and acquisitions execution, due diligence, post-closing integration, and operations management. Under CEO Charles Jacobson, the company has increased its revenue 372 percent, to $8.8 million in 2013 from $1.9 million in 2010.
5. Medical Guardian
For the second time, Medical Guardian is gracing the Inc. 5000 list with its presence, coming in at No. 1,072. With CEO Geoff Gross at the helm, the company provides medical alert services to senior citizens nationwide. It enables seniors to live alone and independently without worrying about what would happen in an emergency. Medical Guardian’s revenue has jumped 415 percent, to $10.9 million in 2013 from $2.1 million in 2010.
4. John Pomp Studios
Founded in 2008, this manufacturing company specializes in making luxury hand-crafted lighting and furniture. John Pomp, the founder, says he got interested in craftwork at an early age, watching his father work as a carpenter and learning glassblowing from his mentor. He says he's spent the past 20 years perfecting his art. In just three years, John Pomp Studios increased its revenue 592 percent, to $2.6 million in 2013 from $375,000 in 2010, making it No. 770 on the Inc. 5000.
This online retail company distributes motorcycle apparel, parts, and accessories. RevZilla.com was built by a core team of riders who wanted to create a shopping experience specifically for motorcycle enthusiasts. The seven-year-old company increased its revenue 812 percent, to $58.3 million in 2013 from $6.4 million in 2010, landing it the No. 586 spot in this year’s Inc. 5000. As of 2013, RevZilla.com employed 83 people, more than 10 times its staff count in 2010.
2. Simon & Simon
Founded in 2010, Simon & Simon is a personal injury law firm that represents and secures compensation for victims of negligence associated with motor vehicle accidents, defective products, falls, and medical malpractice. It claims to be particularly adept at auto accident injury cases for clients with limited auto insurance. Coming in at No. 365 on the Inc. 5000, the company has increased its revenue 1,308 percent, to $3.9 million in 2013 from $276,000 in 2010. Under CEO Marc Simon, Simon & Simon employed 60 people as of 2013, compared to just six staffers in 2010.
1. Streamline Solutions
This real estate development firm consists of divisions for acquisitions, construction, property management, and sales. With CEO Sean Schellenger at the helm, Streamline Solutions has increased its revenue 1,927 percent, to nearly $8 million in 2013 from $393,000 in 2010, making it the fastest-growing company in Philadelphia and No. 235 on the overall 2014 Inc. 5000. As of 2013, the company employed 20 people. On top of the Inc. 5000, Streamline Solutions has also been recognized by Technically Philly, Philadelphia 100, and SmartCEO.