New England's Fastest Growing Companies 2025
In partnership with The Boston Globe, Statista identified New England’s fastest-growing companies for the first time. This inaugural list ranks 50 companies headquartered in the New England region in the US with strongest revenue growth between 2020 and 2023.
- Clear and detailed methodology
- Segmented by states and industry
- Partnered with The Boston Globe
Here are
New England's Fastest Growing Companies 2025
project registration
Companies that are interested in participating in next year’s ranking can register below to be notified when applications open.
Winners portal
Claim your award
Every winner gets contacted by our team directly with our prestigious awards. Not sure if you already got our reward? Contact us.
Project Details
About the project
186.5%
Highest CAGR
8.4%
Minimum CAGR to be included
50
Companies awarded
calculation of growth rates
The calculation of company growth rates is based on the revenue figures submitted by the companies in the respective national currency. For better comparability in the ranking the revenue figures were concerned into US dollars. The average rate for the financial year indicated by the company was used for this purpose.
The compound annual growth rate (CAGR) was calculated as follows:
methodology
How we work
Application Phase
The project was advertised online and in print, allowing all eligible companies to register via the websites created by Statista and The Boston Globe.
In addition, through research in company databases and other public sources Statista has identified more than two thousand companies in New England as potential candidates for the ranking. These companies were invited to participate in the competition by email.
The application phase ran from October 2024 to January 2025. The submitted revenue figures had to be certified by the CFO, CEO or a member of the Executive Committee of the company.
Criteria
To be included in the list of New England’s Fastest-Growing Companies, a company had to meet the following criteria:
- Revenue of at least $100,000 generated in 2020
- Revenue of at least $1,500,000 generated in 2023
- The company is independent (the company is not a subsidiary or branch office of any kind).
- The company is headquartered in New England (Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, or Vermont)
- The revenue growth between 2020 and 2023 was primarily organic (i.e. “internally” stimulated)
Quality Assurance
All data reported by the companies was processed and checked by Statista. Missing data entries (employee numbers, address data, etc.) were researched in detail. Companies that did not fulfill the criteria for inclusion in the ranking were deleted.
The minimum average growth rate required to be included in the ranking was 8.49%.
A detailed report on our methodology is available here.
Partnership
Our reliable partner
The Boston Globe is a 27-time Pulitzer Prize winning news source that produces premium national and local content daily. With the largest newsroom in the region, The Boston Globe provides more news, analysis, and information about community events, sports, and entertainment than any other local news source.
contact us
Get in touch with us. We are happy to help.
Whether you have questions about your rank, our projects, or why you’re not on the list. Contact us.
Jannik Petersen
Team Lead Licensing - Americas
Tel.
