Two CT Companies Among Inc. 500 As Fastest Growing Private Businesses; 40 in State Reach List of 5,000

Two companies with Connecticut addresses are among the 500 fastest growing private companies in America, cited in the annual survey published by Inc. magazine in their September edition.  Saatva, which sells “America’s best priced luxury mattress” exclusively on-line, is ranked at #316 and Discover Video, a video hardware and software company that works across multiple industries, is ranked #428. They were the only two companies to earn a slot in the top 500.  An additional 38 Connecticut companies were listed on the Inc. 5000, also announced recently.

Wallingford-based Discover Video provides software and hardware to corporations and educational institutions that seek to improve their communications through the use of video. The company ranks #428 on the Inc. 500, is ranked #5 among America’s fastest growing media companies, and #2 in Connecticut. The company has grown 893 percent in the last three years.

“We are thrilled to be recognized” said Rich Mavrogeanes, Discover Video CEO. “We provide great products, love our customers, and have a fantastic team. Our customers take comfort in our financial stability and long term prospects, and this award certainly demonstrates that.”

Founded in 2009, Discover Video, LLC provides “powerful and affordable video streaming and digital media solutions to organizations of all sizes in three ways: Products, Services and Expertise,” according to the business website. Clients include the Emmy Awards, the National Association of Broadcasters and the White House, according to the company.

Ranked at #316 on the Inc. list, Saatva’s three year growth is 1,220.9 percent.  The company constructs and sells luxury mattresses.  The company’s administrative mailing address is Wright Street, in Westport; another administrative office is located in Austin, TX.  The online Inc. summary indicates they are a Connecticut company; the magazine’s print edition lists the company as based in New York City, where back-office logistics emanate.  The business has 18 factories around the country; the CEO is Ron Ruzdin.

The seven-year-old Saatva was named to Forbes Top 100 "America's Most Promising Companies" last year, and was ranked the 8th fastest growing e-tailer in the Top 500 Guide for 2015 by Internet Retailer.  The company sells exclusively online and does not have showrooms. Saatva provides “nationwide in-home delivery and set-up,” and highlights it’s mattresses’ “individually wrapped coils, edge & lumbar support, steel coil support base, organic cotton cover, and euro pillow top with a memory foam enhancement in the lumbar area.”

Also reaching the Inc. 5000 were Saffron Road Foods, a consumer products and services business (American Halal Company) based in Stamford, at #703; Votto Vines Importing, a food and beverage business in Hamden, at #786, and Continuity, a New Haven software company, at #955, launched in 2008.

Saffron Road is the culmination of Founder and CEO Adnan Durrani’s life’s work.  Right after the turn of the 2000 millennium, the natural food pioneer first envisioned a halal food brand which also embodied ethical consumerism: halal, sustainably farmed, authentic, anti-biotic free, and 100% vegetarian fed, all harvested on family-owned farms, the company’s website explains.

Votto Vines is a family-operated business focusing primarily on the importation and wholesale distribution of fine wines produced by leading boutique vineyards around the world as well as high-profile private label and wine licensing transactions.

Continuity provides a combination of technology, expertise and leadership “designed to make compliance a seamless part of how your institution does business,” providing compliance management solutions.  By combining regulatory expertise and cloud technology, Continuity provides a proven way to reduce regulatory burden and mitigate compliance risk. In addition to its New Haven headquarters, the company has an office in Boston.

Connecticut-based fast growing businesses on the first-half of the list of 5,000 nationwide also include HPC Wireless Services (#1,033), InterMerchant Services (#1,392), Charles IT (#1,631), Northeast Private Client Group (#1,786),eEuroparts.com (#1,912), Clarity Software Solutions (#,2108), Johnson Brunetti (#2,380), Square 9 Softworks (#2,387), and DGDean (#2,436).

The full list of Connecticut companies is at http://www.inc.com/inc5000/list/2016/state/ct/