Crumdale Partners, a purveyor of diversified insurance solutions, was ranked #2 on the Philadelphia Business Journal’s 2020 “Soaring 76” list of fastest growing companies in the Greater Philadelphia region based on revenue growth from 2017 through 2019.
The Soaring 76 final list looks at revenue growth over a three-year period of independently owned companies headquartered within Greater Philadelphia that have generated at least $750,000 in revenue in 2017 and at least $2 million dollars in 2019.
Matthew S. Naylor, Founder & CEO, created Crumdale Partners from a vision for broad-based insurance solutions rooted in local market expertise and relationships. Matthew brought the Crumdale Leadership team together between 2014 and 2017 to lay the groundwork for executing Crumdale’s strategic vision.
The three year growth rate from 2017 through 2019 was 232.1%.
- 2017 revenue: $1 million
- 2018 revenue: $3.5 million
- 2019 revenue: $11 million
During this time, the company has also grown from seven employees in a single office to 40+ employees across five offices. The expanded headcount was necessary to keep pace with this significant growth.
“This tremendous growth is attributed to the commitment of our team to create and deliver innovative solutions. Our clients count on us to deliver high value solutions. We will continue to work hard and strive to be the best to achieve our growth goals!” – Matthew S. Naylor, Founder & CEO