Azavea was named one of the nation’s fastest-growing companies on the 2009 Inc. Magazine’s 500|5000 List at number 1,741 and ranks 52 in the Greater Philadelphia region, based on its 182.4 percent revenue growth over the past three years.

The 2009 Inc. 500|5000 serves as a unique report card on the U.S. economy.  Despite the current gloomy economic situation, the aggregate revenue among the companies on the 2009 Inc. 5000 List increased to $214 billion, up $29 billion from last year, with a median three-year growth rate of 126 percent. The Inc. 5000 are responsible for creating more than 1 million jobs since their founding, making the list perhaps the best example of the impact private, fast-growing companies can have on the economy.

This year’s list also offers a preview of which industries are poised for growth in coming years. With an average growth rate of 667 percent, Insurance ranked as the top industry overall. Government Services was the top industry gainer with 252 companies on this year’s list, up from 135 last year. Health is the top industry by both total revenue ($22.7 billion) and total employment (156,223 jobs).

After ranking 13 on the 2009 Inner City 100 List, we are thrilled to be part of the Inc. 5000 List for the first time.

Read more about the 2009 Inc. 500|5000, here.