Richmond region lands 32 on Inc. 5000 list, down from 38 last year

MySpectrum has an office in Chesterfield County and a telehealth operation that extends into several other states. (BizSense file photo)

Editor’s note: This article has been updated with comments from the region’s top ranked company received after it was published. 

A budding Richmond-based mental healthcare provider earned some extra bragging rights this week. 

MySpectrum Counseling & Coaching, an outpatient therapy clinic, was the top local company on Inc. Magazine’s Inc. 5000 list of the fastest-growing private companies in the U.S. 

The rankings were announced Tuesday, with MySpectrum clocking in at No. 244, boasting a three-year revenue growth of 2,285 percent. 

MySpectrum rakes in $5 million annually, director Suzy Christopher said in a statement to BizSense following the publication of this article. She attributes the company’s growth to consistent leadership, a dedicated team of staff and therapists and MySpectrum’s workplace culture.

MySpectrum’s Suzy Christopher

“It feels rewarding, and a reflection of the hard work of the team” to make the Inc. 5000 list, Christopher said. “Every day we meet new challenges, and to see it being rewarded in this way helps this work feel validated.”

The five-year-old company specializes in a variety of therapy and counseling programs, both online for Virginia and out-of-state clients and in person at its Chesterfield office.

Christopher said MySpectrum serves about 600 clients each week. Outside Virginia, the company employs licensed therapists in 10 other states: Maryland, the Carolinas, New York, Pennsylvania, Iowa, Florida, Colorado and, just recently, Texas.

MySpectrum led a pack of 32 Richmond-area companies that landed a spot on the Inc. 5000. Close behind at No. 290 was consulting firm Top Line Growth Partners and staffing firm Summit Human Capital at No. 310. Summit was the top-ranking local business on last year’s Inc. list, earning the No. 20 spot.

The Richmond contingent of 32 marked the lowest number of companies the region has placed on the Inc. list since 2018. Last year 38 companies were ranked, down from 44 in 2021. 

A group shot of the Summit Human Capital team. (Courtesy of Summit Human Capital)

The nationwide rankings are based on revenue growth over the past three calendar years. Companies for this year’s list must have had minimum revenue of $100,000 in 2019 and $2 million in 2022 to qualify. 

Statewide, 275 Virginia-based companies made the list, topped by Leesburg-based information technology firm Goldschmitt and Associates at No. 34 with 10,293 percent growth. The state had 258 companies on the list last year. 

Along with Summit, 24 other local companies are making their return to the list, including local fashion retailer Sassy Jones, which topped the Richmond region at No. 24 in 2021.

MySpectrum offers a variety of mental health services, including trauma-informed therapy, autism counseling and substance abuse counseling, according to its website. It also has therapists who specialize in counseling for men, LGBTQ patients and other demographics as well as therapy for a range of conditions like depression, anxiety, grief, stress management and post-traumatic stress disorder (PTSD).

The company employs 65 people, including 11 outpatient therapists and 49 teletherapists. The company is also nearing the launch of its second office location in Springfield, Virginia, central to Northern Virginia communities in Arlington, Alexandria, Fairfax and Annandale.

Below is the full list of the Richmond-area firms on this year’s list: