GrowFL's 2019 Florida Companies to Watch Honorees

NEWS RELEASE

GrowFL's 2019 Florida Companies to Watch Honorees

Posted 7/31/2019

Updated 5 yearss ago

Orlando, Florida (July 31, 2019) — GrowFL is pleased to announce this year’s 50 Florida Companies to Watch honorees, a statewide competition that identifies companies expected to see significant growth over the next several years. These 50 companies were selected from more than 500 nominees for Florida Companies to Watch^SM, a program hosted by the economic development organization GrowFL, in association with the Edward Lowe Foundation.

The winning company’s management team, competitive market position and strong community involvement were among several factors that put them in contention for the award.

“These stand-out companies are all led by entrepreneurs, and have demonstrated their capacity and intent to grow,” said Dr. Tom O’Neal, GrowFL executive director. “They also all have critical intellectual property or a niche position that gives them a competitive edge in their markets,” he said.

Below is the list of the 2019 Florida Companies to Watch honorees:

Company Name	City	County	Primary Business
Accelirate, Inc.	Sunrise	Broward	Information Technology
ADVOS Legal, PLLC	Ponte Vedra Beach	St. Johns	Legal Services
AeroStar Training Services, LLC	Kissimmee	Osceola	Transportation and Warehousing
Align Business Advisory Services	Winter Park	Orange	Finance and Insurance
Beryl Project Engineering	Tampa	Hillsborough	Architectural, Engineering, and Related Services
BioDerm, Inc.	Largo	Pinellas	Manufacturing
Centerline Brackets	St. Augustine	St. Johns	Manufacturing
Cottrell Title & Escrow	Naples	Collier	Real Estate and Rental and Leasing
Crevalle Boats	Wildwood	Sumter	Manufacturing
Davis Industrial	Tampa	Hillsborough	Manufacturing
Dedicated IT	Riviera Beach	Palm Beach	Information Technology
EarthBalance	North Port	Sarasota	Other Services (except Public Administration)
ECHO UES, Inc.	Tampa	Hillsborough	Architectural, Engineering, and Related Services
Express Freight, Inc.	Orlando	Orange	Transportation and Warehousing
FLYMOTION	Tampa	Hillsborough	Information Technology
FutureCow	Sanford	Seminole	Manufacturing
Global Jetcare, Inc.	Brooksville	Hernando	Health Care and Social Assistance
Kira Labs, Inc.	Pompano Beach	Broward	Manufacturing
MagicalButter.com	Port Richey	Pasco	Manufacturing
MAS Environmental, LLC	Tampa	Hillsborough	Waste Management and Remediation Services
McCormick Stevenson Corporation	Clearwater	Pinellas	Architectural, Engineering, and Related Services
Mettauer Environmental	Alva	Lee	Agriculture, Forestry, Fishing and Hunting
Mother Kombucha	St. Petersburg	Pinellas	Manufacturing
National Drug Screening, Inc.	Melbourne	Brevard	Other Services (except Public Administration)
Neobroadband, Inc.	Doral	Miami-Dade	Telecommunications
OCULUS Surgical, Inc.	Port St. Lucie	St. Lucie	Manufacturing
OIT, LLC	Miami Lakes	Miami-Dade	Telecommunications
OnMed, LLC	Clearwater	Pinellas	Health Care and Social Assistance
OnPay Solutions, Inc.	Jacksonville	Duval	Information Technology
PeakActivity	Boynton Beach	Palm Beach	Computer Systems Design and Related Services
Pepine Realty	Gainesville	Alachua	Real Estate and Rental and Leasing
Powerful Foods, LLC	Miami	Miami-Dade	Retail Trade
Probability and Statistics, Inc.	Palm Bay	Brevard	Information Technology
Raider Outboards, Inc.	Titusville	Brevard	Scientific Research and Development
Rudram Engineering, Inc.	Rockledge	Brevard	Architectural, Engineering, and Related Services
SiteREADY	Tampa	Hillsborough	Information Technology
Smart Baking Company	Sanford	Seminole	Accommodation and Food Services
Solar Stik, Inc.	St. Augustine	St. Johns	Scientific Research and Development
Steamroller Studios	Mount Dora	Lake	Arts, Entertainment and Recreation
StrataPT, LLC	Osprey	Sarasota	Administrative and Support Services
TeleVoIPs	Brandon	Hillsborough	Telecommunications
The Lunz Group	Lakeland	Polk	Architectural, Engineering, and Related Services
TheraPeeds Family Center	Davie	Broward	Health Care and Social Assistance
Tomahawk Robotics	Melbourne	Brevard	Computer Systems Design and Related Services
Total Nutrition Technology	Leesburg	Lake	Manufacturing
VeraData	Fort Myers	Lee	Scientific and Technical Consulting Services
Vistra Communications	Lutz	Hillsborough	Advertising, Public Relations, and Related Services
Waypoint Contracting, Inc.	Miami	Miami-Dade	Construction
WestCMR, LLC	Clearwater	Pinellas	Other Services (except Public Administration)
Wild Florida	Kenansville	Osceola	Arts, Entertainment, and Recreation

“This list recognizes second-stage Florida companies with passionate leaders who are making a difference in growing and diversifying our economy,” said Jennifer Barrows, GrowFL Chairman of the GrowFL Advisory Board and Business Development Executive with WithumSmith+Brown, PC. Second-stage companies are defined as those with 6 to 150 full-time employees and between $750,000 and $100 million in annual revenue. There are many programs and incubators promoting start-up businesses; GrowFL is the only Florida program that focuses exclusively on second-stage companies.

From 2015 through 2018, these companies generated $923 million in revenue and added 935 employees, reflecting a 123.9% increase in revenue and 131% increase in jobs for the four-year period. That translates into a 31% average annual revenue growth and 32.2% average annual growth in employees.

These companies projected continued growth in 2019, with a 34.8% revenue increase and 36.8% growth in employees compared to 2018. If their projections hold, these companies will have generated $1.38 billion in revenue and added 1,541 employees over the last five years — a 201.9% increase in revenue and 216% increase in jobs since 2015.

Companies named to the list will be officially recognized at the 9^th Annual Florida Companies to Watch Celebration on November 14, 2019 at the Hard Rock Live, Universal City Walk in Orlando, FL. Tickets are on sale now for the awards ceremony.

For more information or to purchase tickets, visit https://www.growfl.com/flctw19/about-flctw/