North Alabama companies on Inc. 5000 list

NEW YORK — North Alabama has been called the engine to the state’s economy. And the recent release of the Inc. 5000 list solidifies the claim.

There are 20 companies in the area, out of 46 statewide, that were named to the prestigious list. Leading the way was LaunchTech at No. 260, the best ranking among Alabama’s businesses.

The companies include eight government services, two construction firms, two IT services, two engineering and one each in telecommunications, consumer products, software, health services, financial services and security.

Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 through 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent — not subsidiaries or divisions of other companies–as of Dec. 31, 2023. The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. Growth rates used to determine rankings were calculated to four decimal places.

North Alabama companies in the Inc. 5000, their category, city and rank are:

• LaunchTech, IT Services, Huntsville, 260 
• Velox, Telecommunications, Huntsville, 507 
• 5Boys Apparel, Consumer Products, Madison, 947 
• EngeniusMicro, Government Services, Huntsville, 1,727 
• ITSC Secure Solutions, Government Services, Owens Cross Roads, 1,885 
• RippleWorx, Software, Huntsville, 2,117 
• CE Solutions, Government Services, Huntsville, 2,250 
• Summit 7 Systems, IT Services, Huntsville, 2,290 
• Attentive, Health Services, Guntersville, 2,305 
• KODA Technologies, Engineering, Huntsville, 3,201 
• Gray Analytics, Security, Huntsville, 3,248 
• Davidson Homes, Construction, Huntsville, 3,296
• Corporate Tax Advisors, Financial Services, Huntsville, 3,584 
• Shearer & Associates, Engineering, Huntsville, 3,844 
• CFD Research, Government Services, Huntsville, 4,025 
• Mission Driven Research, Government Services, Huntsville, 4,107 
• Advanced Roofing & Construction, Construction, Huntsville, 4,1224 
• KUOG Corp., Government Services, Huntsville, 4,670 
• Cortina Solutions, Government Services, Huntsville, 4,894 
• Trideum, Government Services, Huntsville, 4,992