The Phoenix Business Journal will honor the Valley’s fastest-growing businesses during the inaugural 2025 Phoenix Business Journal Fastest Growing Companies Awards in November.

Forty-eight honorees are among the privately held Arizona businesses with annual revenue of over $1 million. The awards are divided into two size categories: $1 million to $19.9 million (26 companies) and $20 million or more (22 companies).

Together, these companies have collectively amassed over $14 billion in revenue in 2024. They were selected based on percentage of revenue growth between 2022 and 2024. Baker Tilly conducted the financial analysis of nominees for the Business Journal.

Some of these businesses had such astounding growth that they also landed spots among the Inc. 5000 fastest-growing companies in the nation. Thirty of the 137 Arizona companies on Inc.’s list ranked among the top 1,000 on that list.

The final ranking and percentage growth numbers for the Business Journal’s Fastest Growing Companies will be revealed at the event.

The awards event will be held at 4:30 p.m. on Nov. 13 at Chateau Luxe Event Venue in Phoenix. The event includes a plated dinner and open bar. Register for tickets here. Sponsors include UMB Financial Corp., Baker Tilly, USI, Vaco and IKE.

Here are the 26 fastest-growing companies with between $1 million and $19.9 million revenue in 2022 that recorded positive revenue growth through 2024 — presented in alphabetical order:

  • Adobe Population Health
  • Air2O
  • A.T. Meridian Construction LLC
  • Awake Window & Door Co.
  • Christie’s International Real Estate
  • DOvly AI
  • Fortitude Family Office
  • HealthyU Clinics
  • Inty Power
  • Joybyte
  • Keepers Commercial Cleaning
  • Law Tigers
  • Lumifi
  • MAVRX Sports Housing
  • Navi Nurses
  • Next Level Growth
  • Nutritional Manufacturing Services LLC
  • ON Advertising
  • Pro AZ Properties
  • qBotica
  • Suncrest
  • Supra Human Inc
  • Technical Training Professionals LLC
  • Verde Clean
  • VIIRL Marketing
  • Whiz Kidz Preschool

Here are the 22 fastest-growing companies with at least $20 million revenue in 2022 that recorded positive revenue growth through 2024 — presented in alphabetical order:

  • American Fence Company
  • Branded Bills
  • Canyon State Electric
  • CopperPoint Insurance Companies
  • Dynamic Advisor Solutions
  • Fennemore
  • Freestar
  • Kovach Enclosure Systems
  • IMPACT Technology Recruiting
  • Industrial Power Solutions
  • K2 Electric
  • KP Aviation
  • MT Builders
  • Nox Group
  • Oats Overnight
  • Professional Piping Systems
  • RPG Brands
  • Russell Sigler Inc.
  • SDB Contracting Services
  • Sun Valley Masonry
  • TriWest Healthcare Alliance
  • TYR Tactical

The Phoenix Business Journal Fastest Growing Companies Awards replace the former Arizona Corporate Excellence (ACE) awards.