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News | February 5, 2021
New York City, NY – Marcum LLP today announced the winners of the 2020 Marcum Tech Top 40, an annual program recognizing the fastest growing technology and life sciences companies in Connecticut.
Cara Therapeutics, Inc. (Nasdaq: CARA) of Stamford was named the overall winner and also took first place in the Life Sciences category, with four-year growth of 23,023 percent. Cara Therapeutics is a clinical-stage biopharmaceutical company focused on developing and commercializing new chemical entities designed to alleviate pruritus, or chronically itchy skin. The company is currently in Phase 3 clinical trials for its KORSUVA brand injection and Phase 2 trials for oral KORSUVA.
Other 2020 category winners include the following companies:
About the Marcum Tech Top 40
Previously produced in collaboration with the Connecticut Technology Council, the Marcum Tech Top 40 recognizes technology and life sciences companies with at least $3 million in annual revenue and a four-year record of growth, in six industry sectors. Both privately held and publicly traded companies are eligible.
“Marcum has a rich history of supporting Connecticut’s technology and life sciences sector, and the Marcum Tech Top 40 is an annual high point of our work with this thriving segment of the state’s economy. The program is dedicated to showcasing those Connecticut companies that have persevered against tremendous odds not only to achieve truly impressive growth but to become exemplars for other tech companies seeking models of success. The Connecticut technology community is one of the most vital and accomplished in the industry. We applaud each and every entrant and congratulate the winners on their impressive success,” said Michael K. Brooder, CPA, managing partner of Marcum’s Hartford, Connecticut, office and national leader of the Firm’s Technology & Life Sciences practice.
The complete list of 2020 Marcum Tech Top 40 companies is as follows:
(Company Name, Category, City, County)
For more information, visit www.marcumevents.com/TechTop40
About Marcum LLP
Marcum LLP is a top-ranked national accounting and advisory services firm dedicated to helping entrepreneurial, middle-market companies and high net worth individuals achieve their goals. Marcum offers industry-focused practices with specialized expertise to privately held and publicly registered companies, and nonprofit and social sector organizations. Through the Marcum Group, the Firm also provides a full complement of technology, wealth management, executive search and staffing, and strategic marketing services. Headquartered in New York City, Marcum has offices in major business markets across the U.S. and select international locations. Marcum is committed to the advancement of diversity, equity and inclusion. The Firm is a founding member of LEA Global and is the exclusive U.S partner firm of ECOVIS International. Ever wonder where the people with all the answers get all the answers? #AskMarcum.
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