December 12, 2016
2016 Fastest Growing Companies in Maine

Small company runner-up: Energy Circle

Photo / Peter Van Allen
Photo / Peter Van Allen
Peter Troast, founder and CEO of Energy Circle

Energy Circle

81 Bridge St., Suite 301, Yarmouth

Founded: 2009

Top leader: Peter Troast, founder and CEO

Sales growth 2013–15: 176.56%

Number of employees: 22 full-time

Contact: 847-3644

How would you describe your company's core mission?:

We are a digital marketing and technology firm. We measure ourselves on the success of our client network and, in turn, their impact on better buildings, lower energy use and carbon reduction.

What were the key factors in your company's growth?:

Customer expansion across the country; extension of our verticals to high performance builders, remodelers, plumbers, engineering firms; advancement of our technology platforms; growth in the high performance building sector nationally.

How have you adjusted to the rapid growth?:

Scaling recruiting, at our current level of digital and technology sophistication, assuming we remain 100% Maine-based, could be a challenge.

Do you have plans to hire additional employees?:
Yes, we have four openings currently and significant additional growth expected in 2017.

What can we expect for 2017?:

Continued innovation and advancement of our technology platforms; expanded verticals; additional staff; new headquarters in Portland; Pursuit of B Corp status.

Read more

Large company winner: Specialty drugs propel Apothecary By Design's triple-digit sales growth

Medium company winner: Maine Coast's rapid growth fueled by export sales of lobster

Small company winner: Opportunity knocks for Cheating Gourmet's co-founder brothers

Large company runner-up: Tilson

Large company runner-up: OTTO Pizza

Medium company runner-up: Horch Roofing Inc.

Small company runner-up: Maine Foodie Tours


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