NEW YORK, CHARLOTTESVILLE, February 26, 2020 – Inc. magazine today revealed that WillowTree is No. 100 on its inaugural Inc. 5000 Series: D.C. Metro list, the most prestigious ranking of the fastest-growing private companies in D.C., Maryland, Virginia, and Delaware. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the D.C. Metro economy’s most dynamic segment—its independent small businesses.
“We are thrilled to be featured on the list of Inc. 5000 companies in the DC metro area. Our goal at WillowTree is not just to be a fast-growing, great place to work, but to be the best place for everyone to grow in the states where we work.”
— Tobias Dengel, WillowTree CEO
Companies on this list show stunning rates of growth across all industries in the D.C. metropolitan area. Between 2016 and 2018, the 250 private companies had an average growth rate of 196% and, in 2018 alone, they employed over 88,000 people and added $6.5 billion in revenue to the greater D.C. area’s economy.
WillowTree has experienced a 121% two-year growth, and continues to expand its presence in Virginia with a new, 85,000 square-foot office in Charlottesville’s historic Woolen Mills, set to open in Q2 2020. WillowTree’s merger with Columbus-based Dynamit in November 2019 added an additional 135 team members to the 270 in Charlottesville, 140 in Durham, NC, and 10 in New York City.
View complete results of the Inc. 5000 Series: D.C. Metro at inc.com/inc5000-series-dc-2020
“The companies on this list demonstrate just how much the small-business sector impacts the economies of D.C., Maryland, Virginia, and Delaware” says Inc. editor in chief Scott Omelianuk. “Across every single industry, these businesses have posted revenue and growth rates that are beyond impressive, further proving the tenacity of their founders and CEOs.”