Startups

These Pittsburgh tech companies made 2023’s Inc. 5000 list

Inc. released its annual roundup of companies that have seen high growth over the past three years, and 22 local firms of all types made the cut.

Rimsys founder and CEO James Gianoutsos. (Courtesy photo)
With the end of the summer comes an annual opportunity for Pittsburgh companies to highlight their growth.

Every August, Inc. publishes a list of 5,000 private companies across the US whose self-reported data reflects substantial growth. When developing the 2023 list, Inc. considered private, for-profit companies based in the US that show impressive growth rates over three years, 2019 to 2022. These companies must have earned a minimum revenue of $100,000 in 2019 and a maximum revenue of $2 million in 2022.

In 2023, a total of 22 Pittsburgh companies ranging from advertising companies to law firms made the list. Software firm Rimsys, which specializes in the development of regulatory information management software for medical device companies, ranked the highest, at 156.

“Being included on this year’s Inc. 5000 list of fastest-growing private companies is a tremendous milestone for Rimsys,” founder and CEO James Gianoutsos said in a statement about the ranking. “I created Rimsys to help medical device manufacturers overcome the challenges I experienced in the industry, and our regulatory information management (RIM) platform has increasingly gained the trust of leading medical device manufacturers globally over the past few years. I’m excited to continue our mission of improving global health by accelerating delivery and increasing availability of life-changing medical technologies with the support of our team members, customers, and partners.”

Rimsys also gained local attention in 2021 for a $16 million Series A raise.

The region is home to five other tech-focused 2023 honorees. Magna5, a Coraopolis-based IT and cybersecurity services provider, ranked at 2,437. Net Health, the Strip District-based company that in August 2022 earned FDA breakthrough designation for its Tissue Analytics platform, came in at 4,021. Software companies SoundStack, an audio delivery platform, and Mayvue, a software solutions provider, were ranked 2,471 and 3,924, respectively. Also on the list was software platform Virtual Mgr, ranked at 1,937. (That last company is HQ’d elsewhere, but CEO Anthony Morocco is based in the area.)

These non-tech companies were also included in the rankings:

  • Tibbott & Richardson — The law firm focusing on family and criminal law ranked 328.
  • The Wolfe Companies — The ecommerce gifting services and solutions company that was ranked 382.
  • Makin Wellness — The online therapy and counseling services provider that was ranked 696.
  • EGA Associates — The human resource partner for healthcare organizations was ranked at 2,300.
  • Beemac — The full-service transportation company was ranked at 2,972.
  • Alpha Residential — The real estate investment company focused on property management and developing student housing ranked at 3,007.
  • Fishing Online — An online fishing supplies retailer that was ranked at 3,202.
  • FlexScreen — A company that produces flexible window screens was ranked at 3,217.
  • Solutions 21 — The human-capital development organization that empowers leaders to preserve legacy businesses ranked at 3,366.
  • Agile Rising — A consulting and training company that helps organizations scale was ranked 3,498.
  • The Dog Stop — The all-inclusive dog daycare facility ranked at 3,511.
  • 84 Lumber Company—The building materials supply company was ranked at 3,717.
  • JLE Industries—The flatbed trucking companies and freight carrier was ranked at 4,190.
  • ProspHire — The management company with a focus in healthcare advisory and helping clients solve technical challenges ranked at 4,307.
  • Touchstone Capital — The financial advisory firm is ranked at 4,671.

Previous local honorees have included the likes of Idelic, ThoroughCare and CivicScience.

Atiya Irvin-Mitchell is a 2022-2024 corps member for Report for America, an initiative of The Groundtruth Project that pairs young journalists with local newsrooms. This position is supported by the Heinz Endowments.
Companies: Rimsys / Inc.

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