Catalyst DevWorks

4.6★★★★★(8 reviews)

502 S Sharp St 2200

Baltimore, Maryland, United States

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Business facts

Estimated annual revenue~$112.4M
Estimated employees~238
Estimated wage bill~$19.7M
In business since2000
Estimate based on strong signals

Area statistics (21201)

Population18,305
Median household income$42,324
Source: US Census ACS

About

Catalyst DevWorks is a technology company that addresses the tech talent shortage and promotes diversity in the tech workforce by sourcing, developing, and deploying tech talent from nontraditional backgrounds. Its data and technology platform creates high-performing software developers and digital media planners, while also providing on-demand access to software engineering experts. The company offers application development, quality assurance, testing, and application maintenance and support solutions to Fortune 500, middle market, and health care provider clients. It is headquartered in Baltimore and has talent hubs in several other cities. Some of its clients include MedStar Health, Ascension Health, and KPMG.

Wheelchair Accessible
Yes
Categories: Software Company.
ISIC Codes: 4741.

Market analysis

Earning above its category median in a growing category (Software Company).

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$88.5M2019
~$80.5M2020
~$91.3M2021
~$101.1M2022
~$106.8M2023
~$112.4M2024
Modeled from category averages for the region+4.9%/yr since 201980% confidence band: ±68%

Company profile

Incorporated2000 (DE)
Employees (reported band)8-17
Observed

Property

Lot size8.00 acres
ZoningC-5DC
CountyBaltimore_city
Assessed value$302.0
On this lotshared with 9 other businesses
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Software Company in Maryland1,911~$12.6B~$6.6M~$1.3M5.0★89×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure30 chains expanding in this category, led by Boost, Metro Pcs, Metro P (+605 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)969~$1.7B~$1.8M~$578.5K5,712~$490.3M194×
Wholesale and retail trade; repair of motor vehicles and motorcycles158~$467.4M~$3.0M842

1 km area (all businesses): median from the 816 of 969 businesses with estimates

Estimate

Area conditions (21201)

Population18,305 ±1,566
Median household income$42,324 ±$6,701
Median home value$251,900
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS
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