September 8, 2021

Marcum LLP Announces Fastest Growing Tech Companies in Connecticut

Cara Therapeutics Takes First Place

Marcum LLP Announces Fastest Growing Tech Companies in Connecticut Technology

New York City, NY – Marcum LLP today announced the winners of the 2021 Marcum Tech Top 40, an annual program recognizing the fastest growing technology and life sciences companies in Connecticut.

For the second consecutive year, 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 14,728 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 2021 category winners include the following companies:

  • CompassMSP (Hartford) – IT Services
  • 3Gtms (Shelton) – Software
  • Frame It Easy (Derby) – Advanced Manufacturing
  • Chicken Soup for the Soul Entertainment, Inc. (Greenwich, Fairfield)- New Media, Internet, and Telecommunications
  • EMCOR Group, Inc. (Norwalk) – Energy, Environmental, and Green Technology

The Marcum Tech Top 40
Now in its 14th year, the Marcum Tech Top 40 is the premier awards program recognizing Connecticut’s fastest growing technology companies. The awards recognize technology leaders in six industry sectors that reflect the state’s technology landscape:

  • Advanced Manufacturing
  • Energy, Environment, and Green Technology
  • IT Services
  • Life Sciences
  • New Media, Internet, and Telecommunications
  • Software

Tech Top 40 companies are both privately and publicly held, must have $3 million in annual revenue and demonstrate a record of revenue growth in the past four years. Companies that successfully scaled to $3 million in revenue in less than three years can also apply for the Accelerator award.

Virtual Celebration
A virtual event on October 14 will celebrate this year’s winners and bring together industry leaders, observers and newcomers committed to the growth of the Connecticut tech and life sciences sector. Josh Geballe, chief operating officer for the State of Connecticut, will be keynote speaker. Click here for event details and registration.

“The Marcum Tech Top 40 celebrates the advancements, culture, and individuals driving the tech and life sciences community in Connecticut. It has been our privilege to recognize the state’s leading innovators through this program for the past 14 years. We congratulate each and every entrant and applaud this year’s winners for their leadership, vision and success,” said Michael K. Brooder, CPA, managing partner of Marcum’s Hartford, Connecticut office and the Firm’s national Technology & Life Sciences leader.

The complete list of 2021 Marcum Tech Top 40 companies is as follows:

(Company Name, Category, City, County)

  • 3Gtms, Software, Shelton, Fairfield
  • ADNET Technologies, IT Services, Farmington, Hartford
  • Advanced Technology Consulting, Inc. (ATC), IT Services, South Windsor, Hartford
  • Amphenol Corporation, Advanced Manufacturing, Wallingford, New Haven
  • Arccos Golf LLC, Software, Stamford, Fairfield
  • Arvinas, Inc., Life Sciences, New Haven, New Haven
  • Avangrid, Inc., Energy/ Environmental / Green Technologies, Orange, New Haven
  • 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
  • Clarity Software Solutions, Inc., Software, Madison, New Haven
  • COCC, IT Services, Southington, Hartford
  • CompassMSP, IT Services, Hartford, Hartford
  • Crane Co., Advanced Manufacturing, Stamford, Fairfield
  • EMCOR Group, Inc., Energy/ Environmental/ Green Technologies, Norwalk, Fairfield
  • Exago, Inc., Software, Shelton, Fairfield
  • FactSet Research Systems, Inc., Software, Norwalk, Fairfield
  • Frame It Easy, Advanced Manufacturing, Derby, New Haven
  • Gartner, Inc., Advanced Manufacturing, Stamford, Fairfield
  • HealthPlanOne, LLC, New Media/ Internet/ Telecom, Stamford, Fairfield
  • Hubbell Inc., IT Services, Shelton, Fairfield
  • KAMAN Corporation, Advanced Manufacturing, Bloomfield, Hartford
  • KUB Technologies, Inc., Life Sciences, Stratford, Fairfield
  • Metrum Research Group, Life Sciences, Tariffville, Hartford
  • MResult Corp., IT Services, Mystic, New London
  • Otis Worldwide Corporation, Advanced Manufacturing, Farmington, Hartford
  • Photronics, Inc., Advanced Manufacturing, Brookfield, Fairfield
  • Pitney Bowes Inc., Advanced Manufacturing, Stamford, Fairfield
  • Potoo Marketing LLC, New Media / Internet / Telecom, Norwalk, Fairfield
  • RBC Bearings, Inc., Advanced Manufacturing, Oxford, New Haven
  • Reed’s, Inc., Advanced Manufacturing, Norwalk, Fairfield
  • Saisystems International, IT Services, Shelton, Fairfield
  • Siligan Holdings, Inc., Advanced Manufacturing, Stamford, Fairfield
  • SS&C Technologies, Inc., Software, Windsor, Hartford
  • Stanley Black & Decker, Inc., Advanced Manufacturing, New Britain, Hartford
  • Sturm Ruger & Co, Inc., Advanced Manufacturing, Southport, Fairfield
  • The Eastern Company, Advanced Manufacturing, Naugatuck, New Haven
  • Tronox Holdings plc, Advanced Manufacturing, Stamford, Fairfield

For more information, visit

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