RALEIGH, N.C.--(BUSINESS WIRE)--Inc. Magazine revealed today that Equagen Engineers ranks No. 6 in Engineering Sector on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.
Beyond their position within the Engineering Sector's national ranking, Equagen secured the 21st place in North Carolina and 670th place across 35 Industry Sectors throughout the United States. They have not only experienced remarkable revenue expansion in recent years but have also showcased remarkable resilience in the face of challenges, including project disruptions, remote collaboration, site access limitations, client uncertainty, and the economic downturn brought on by the pandemic.
“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”
“It’s a tremendous honor for Equagen to be listed as one of the fastest growing Engineering companies in the U.S.” said President & CEO Moti KC. “This success is a testament to the dedication and hard work of our exceptional team members who consistently go above and beyond to make our company thrive. This would not have been possible without the combined contributions of every employee. It reflects our unwavering commitment to excellence, innovation, and delivering value to our customers.”
KC added, “Our achievement not only mirrors our past accomplishments but also serves as a cornerstone for future expansion. We are committing to upholding our core principles, investing in our team, and fostering innovation to become a frontrunner in Engineering sector. Together, we will use this achievement as a foundation to reach even greater heights.”
Equagen is SBA 8(a), CPUC, DBE and nationally certified Minority-owned Business Enterprises (MBE). The company was founded with the guiding principle of 'quality and sustainable engineering', aimed at supporting communities and revitalizing aging infrastructure. From its inception, Equagen has been dedicated to delivering high-quality engineering, manufacturing, and consulting services across the power (transmission and distribution as well as renewables), industrial, and commercial sectors. Over the past 5 years, Equagen has provided services to more than 200 clients within the transmission and distribution as well as the industrial sectors. We currently have 5 branch locations in North Carolina, Washington DC, and Texas. For more information, visit https://equagen.com/
About Inc. 5000
Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to