January 18, 2021

Marcum LLP Announces 2020 Marcum Tech Top 40 Winners

Cara Therapeutics Takes First Place

Marcum LLP Announces 2020 Marcum Tech Top 40 Winners

New York City, NY – Marcum LLP today announced the winners of the 2020 Marcum Tech Top 40, an annual program recognizing the fastest growing technology and life sciences companies in Connecticut.

Cara Therapeutics, Inc. (Nasdaq: CARA) of Stamford was named the overall winner and also took first place in the Life Sciences category, with four-year growth of 23,023 percent. Cara Therapeutics is a clinical-stage biopharmaceutical company focused on developing and commercializing new chemical entities designed to alleviate pruritus, or chronically itchy skin. The company is currently in Phase 3 clinical trials for its KORSUVA brand injection and Phase 2 trials for oral KORSUVA.

Other 2020 category winners include the following companies:

  • Charles IT (Middletown) – IT Services
  • Device42, Inc. (West Haven) – Software
  • Frame It Easy (Derby) – Advanced Manufacturing
  • Potoo Marketing LLC (Norwalk) – New Media, Internet, and Telecommunications
  • Precision Combustion, Inc. (North Haven) – Energy, Environmental, and Green Technologies

About the Marcum Tech Top 40
Previously produced in collaboration with the Connecticut Technology Council, the Marcum Tech Top 40 recognizes technology and life sciences companies with at least $3 million in annual revenue and a four-year record of growth, in six industry sectors. Both privately held and publicly traded companies are eligible.

“Marcum has a rich history of supporting Connecticut’s technology and life sciences sector, and the Marcum Tech Top 40 is an annual high point of our work with this thriving segment of the state’s economy. The program is dedicated to showcasing those Connecticut companies that have persevered against tremendous odds not only to achieve truly impressive growth but to become exemplars for other tech companies seeking models of success. The Connecticut technology community is one of the most vital and accomplished in the industry. We applaud each and every entrant and congratulate the winners on their impressive success,” said Michael K. Brooder, CPA, managing partner of Marcum’s Hartford, Connecticut, office and national leader of the Firm’s Technology & Life Sciences practice.

The complete list of 2020 Marcum Tech Top 40 companies is as follows:

(Company Name, Category, City, County)

  • 3Gtms, Software, Shelton, Fairfield
  • ADNET Technologies, IT Services, Farmington, Hartford
  • Amphenol Corporation, Advanced Manufacturing, Wallingford, New Haven
  • Arccos Golf LLC, Software, Stamford, Fairfield
  • Arvinas, Inc., Life Sciences, New Haven, New Haven
  • Barnes Group Inc., Advanced Manufacturing, Bristol, Hartford
  • Booking Holdings, Inc., Software, Norwalk, Fairfield
  • Cara Therapeutics, Inc., Life Sciences, Stamford, Fairfield
  • Charles IT, IT Services, Middletown, Middlesex
  • Charter Communications, Inc., New Media/ Internet/ Telecom, Stamford, Fairfield
  • Chicken Soup for the Soul Entertainment, Inc., New Media/ Internet/ Telecom, Greenwich, Fairfield
  • Chief Executive Group LLC, New Media/ Internet/ Telecom, Stamford, Fairfield
  • Clarity Software Solutions, Inc., Software, Madison, New Haven
  • COCC, IT Services, Southington, Hartford
  • Crane Co., Advanced Manufacturing, Stamford, Fairfield
  • Defibtech, LLC, Life Sciences, Guilford, New Haven
  • Device42, Inc., Software, West Haven, New Haven
  • Exago, Inc., Software, Shelton, Fairfield
  • F3 Technology Partners, IT Services, West Hartford, Hartford
  • FactSet Research Systems, Inc., Software, Norwalk, Fairfield
  • Frame It Easy, Advanced Manufacturing, Derby, New Haven
  • HealthPlanOne, LLC, New Media/ Internet/ Telecom, Stamford, Fairfield
  • Hexcel Corporation, Advanced Manufacturing, Stamford, Fairfield
  • Hubbell Inc., IT Services, Shelton, Fairfield
  • Information Services Group, Inc., IT Services, Stamford, Fairfield
  • IT Direct, LLC, IT Services, West Hartford, Hartford
  • KUB Technologies, Inc., Life Sciences, Stratford, Fairfield
  • Kyber Security, IT Services, Fairfield, Fairfield
  • Metrum Research Group, Life Sciences, Tariffville, Hartford
  • MResult Corp., IT Services, Mystic, New London
  • Potoo Marketing LLC, New Media / Internet / Telecom, Norwalk, Fairfield
  • Precision Combustion, Inc., Energy, Environment, or Green Technology, North Haven, New Haven
  • RBC Bearings, Inc., Advanced Manufacturing, Oxford, New Haven
  • Saisystems International, IT Services, Shelton, Fairfield
  • Siligan Holdings, Inc., Advanced Manufacturing, Stamford, Fairfield
  • Southridge Technologies, LLC, Brookfield, Fairfield
  • SS&C Technologies, Inc., Software, Windsor, Hartford
  • Stanley Black & Decker, Inc., Advanced Manufacturing, New Britain, Hartford
  • The Eastern Company, Advanced Manufacturing, Naugatuck, New Haven
  • Tronox Holdings plc, Advanced Manufacturing, Stamford, Fairfield

For more information, visit www.marcumevents.com/TechTop40

About Marcum LLP
Marcum LLP is a top-ranked national accounting and advisory firm dedicated to helping entrepreneurial, middle-market companies and high net worth individuals achieve their goals. Marcum’s industry-focused practices offer deep insight and specialized services to privately held and publicly registered companies, and nonprofit and social sector organizations. The Firm also provides a full complement of technology, wealth management, and executive search and staffing services. Headquartered in New York City, Marcum has offices in major business markets across the U.S. and select international locations. #AskMarcum.

Related Industries

Technology, Life Science & Biotech