Exclusive: These Are the 50 Fastest-Growing Women-Owned Companies in the U.S.

Akorbi has snagged the No. 8 spot on the annual ranking of the fastest growing women-owned or led businesses released by the Women Presidents’ Organization (WPO) and American Express

The list, which is in its tenth year, ranks companies based on both percentage and absolute growth. To qualify, businesses must be privately-held, woman-owned or led, and have reached an annual revenue of at least $500,000 as of Jan. 1, 2012. The 50 companies generated a combined $7.2 billion last year, up from $75 million in 2007, the first year the list was compiled.

Top-ranked Orangetheory is followed by Pinnacle Group, an IT workforce solutions firm based in Dallas, which has remained in the No. 2 spot for the second year in a row. IT services firm Technology Concepts Group International, a newcomer to the list, was ranked No. 3.

Here is the full list of the 50 below:

  1. Orangetheory Fitness
  2. Pinnacle Technical Resources
  3. Technology Concepts Group International
  4. Morning Sun Financial Services
  5. CATMEDIA
  6. Contract Direct
  7. Xtreme Solutions
  8. Akorbi
  9. Maximum Games
  10. Contingent Resource Solutions
  11. Aden & Anais
  12. Nugate Group
  13. Atrium Staffing
  14. MYCA Material Handling Solutions
  15. Ivie & Associates
  16. TKT & Associates, Inc.
  17. Quality Business Solutions
  18. Merrimak Capital Company
  19. BrightStar Franchising
  20. The Revel Group
  21. Prim Construction
  22. Influenster
  23. TransPerfect
  24. CorAnet Corp
  25. Renogy
  26. Twelve, Inc.
  27. CA South
  28. Chas Roberts A/C & Plumping, Inc.
  29. Greene-Group
  30. Ampcus Inc.
  31. Schendel Mechanical Contracting Ltd.
  32. Innovation Office Solutions

Read the Original Article on Fortune.com