DC's Fastest-Growing Companies
Company: Cloud-based software uses RFID tags to provide real-time tracking of medication and when it’s dispensed for hospital pharmacists and anesthesia providers.
Employees: 89, including co-founders Tim Kress-Spatz and Kevin MacDonald.
Growth: Over 300% in revenue; head count has grown 2.5x since January.
Reason for growth: Hospital pharmacy managers are under increasing pressure to reduce operational costs; increase the accuracy and safety of medication prescribing, dispensing and administration; and helping doctors more directly in consulting and caring for patients.
Top customers: University of Vermont Medical Center, University of Maryland Medical Center and Texas Children’s Hospital
Latest news: Surpassed 7 million medications tracked since 2012 and 200 hospital customers; launched data analytics capabilities; and added product features.
Most people don’t know: Kit Check’s bocce team is one of the best in the District.
Company: Program management and process improvement for projects in infrastructure modernization, analytics and agile engineering.
Growth: 47% in revenue; 40% in head count.
Reason for growth: Kore Federal acquisition in 2013; growing contracts with current customers, particularly at DIA; and strategic wins with new customers, including agencies on GSA’s OASIS.
Top customers: DIA, Customs and Border Protection and Office of Naval Intelligence.
Latest news: Eagle Ray CTO Brian Stygar participated in the United Nations Counter Terrorism Executive Committee Meeting in Madrid, Spain.
Most people don’t know: CEO Babs Doherty has inspired staff to compete in seven Spartan races since 2010.
Company: IT and management consulting—helps federal and commercial customers select, implement, integrate and maintain business solutions.
Growth: 41% in revenue; 37% in employees
Reason for growth: Communication between company leadership and clients and 94% employee retention rate.
Top customers: FDIC, DOD and HHS
Latest news: Achieved CMMI Maturity Level 3 for development and services; awarded three contracts valued at $90M from a federal financial agency; and re-awarded a two-year, $2.8M contract by HHS.
Most people don’t know: Company hosts fall and spring gatherings (families are invited) and smaller events to celebrate little victories throughout the year.
Did you miss Part 1, Part 2, Part 3, Part 4 and Part 5 of the Fastest-Growing Companies series? You're also invited to help celebrate the Fasting-Growing Companies at a party next Tuesday, Oct. 20 at 1776-Crystal City.