Ranking
New England's Fastest-Growing Companies 2025
New England’s Fastest-Growing Companies 2025 awards 50 New England-based companies with strongest revenue growth between 2020 and 2023.
- Based on a clear and detailed methodology
- Segmented by states and industry
- Created in partnership with The Boston Globe
186.5%
186.5%
highest CAGR
8.4%
8.4%
minimum CAGR to be included
50
50
companies awarded
Ranking Details
New England's Fastest-Growing Companies 2025
Total:
Total companies:
0 companies
AWARDING YOUR EXCELLENCE
Claim your award
Every awardee is contacted by email with instructions on accessing the award portal.
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Project Details
About the project
Compiled by Statista and the Boston Globe, the first edition of New England’s Fastest-Growing Companies 2025 lists the top 50 companies in the New England region (Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, or Vermont) that have achieved high growth rate in revenues between 2020 and 2023.
To be included in the list, companies had to be independent, headquartered in New England and have primarily organic revenue of at least $100,000 generated in 2020 and $1.5 million generated in 2023.
Published online and as a supplement within the print edition of Globe magazine, the annual high-profile list is a visible and public acknowledgement of fast-growing businesses in New England.
HOW WE CALCULATE CAGR
Calculation of growth rates
Company growth rate is based on revenue figures provided by the evaluated companies. For this, we use the Compound Annual Growth Rate (CAGR) formula:
METHODOLOGY
How we work
Learn about our general approach to creating rankings for fastest growing companies. Further details about how the ranking was created can be found in the New England's Fastest-Growing Companies 2025 methodology.
01 Concept
The Fastest Growing Companies project ranks businesses based on their revenue growth percentage over three years, focusing on organic growth. The rankings include companies that meet set criteria like revenue thresholds, independence and financial performance.
02 Data Collection
For data collection, we create online application forms that eligible companies can use to register and submit financial and business information. Additionally, our analysts identify potential candidates for the rankings through research in company databases and other public sources, inviting them to apply for the ranking via mail, email or phone.
03 Evaluation
In order to evaluate candidates, revenue figures are verified by company management, with additional checks for small or unincorporated companies. Revenue growth rates are then calculated using the compound annual growth rate (CAGR) based on the companies’ reported figures. For better comparability, all revenues are standardized to a single currency.
04 Quality Assurance
Our team of analysts rigorously checks and verifies submissions, researches missing data in public and proprietary sources, and excludes companies that do not meet the eligibility criteria. A minimum growth rate is required for inclusion in each ranking.
Partnership
Our media 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.
GET CONSIDERED FOR AN AWARD
Apply for the next round of ranking
If you would like your organization to be considered in the next edition of this ranking, please register below or contact us for more information.
Have questions?
Get in touch with us
You can contact us via the phone number or email below for any queries related to this project. We look forward to hearing from you.
Jannik Petersen
Jannik Petersen
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