BayFirst Solutions is included on the Washington Business Journal’s list of fastest growing companies in the D.C. region for the second consecutive year.
The company said Wednesday it generated more than $42.7 million in revenue during 2015, a 187 percent increase from $14.9 million in 2013.
BayFirst also increased the number of its full-time employees from 74 to 188 over the past two years.
“The record growth we have experienced is evidence of the hard work our entire team has done in the past several years,” said Kevin Gooch, BayFirst CEO.
He added that the company will continue to seek new opportunities to introduce technology and service offerings in the homeland and national security markets.
Gooch and BayFirst President Robert Rice jointly accepted the Washington Business Journal award during a ceremony held Thursday at the Ritz Carlton in Mclean, Virginia.
The company was also recognized as one of the country’s fastest-growing private companies by Inc. Magazine last month.