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ShorePoint Achieves Double-Digit Revenue Growth for Sixth Consecutive Year


News provided by

ShorePoint, Inc.

Jan 22, 2025, 07:10 ET

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Federal contracts, early cybersecurity standard adoption and industry accolades highlight ShorePoint's momentum.

HERNDON, Va., Jan. 22, 2025 /PRNewswire-PRWeb/ -- ShorePoint Inc., an industry-leading cybersecurity services company protecting federal customers' critical assets, announced today that 2024 marked its sixth consecutive year of double-digit revenue growth. New federal contract awards, industry recognition and early adoption of a new cybersecurity standard highlight the company's success.

"In an era of increasing cyber threats to government systems and data, the need for robust federal cyber resilience has never been more urgent," said co-founder and CEO of ShorePoint, Matt Brown. "Our continued growth momentum in 2024 reflects not only the trust our federal customers place in us but also the exceptional expertise and dedication of our team. I am deeply grateful to our employees, whose relentless commitment to excellence and innovation drives our success."

"In an era of increasing cyber threats to government systems and data, the need for robust federal cyber resilience has never been more urgent," said co-founder and CEO of ShorePoint, Matt Brown.

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Key Federal Contract Awards and Growth Momentum

ShorePoint was awarded a $50.8M full and open prime cybersecurity services contract early in 2024. In addition to other new awards and recompete wins, the company later earned a $10M follow-on contract to extend cybersecurity services delivery to a federal civilian agency, helping to fuel the company's 36% annual revenue growth and 45% workforce increase.

Leading-Edge Cybersecurity Commitment

As a commitment to maximizing its corporate infrastructure security, ShorePoint adopted the newly established ISO 27001:2022 Information Security, Cybersecurity and Privacy Protection standard one year before the deadline.

Insightful Thought Leadership

Sharing perspectives on timely federal cybersecurity challenges, Brown was interviewed on FOX 5 DC and Cybersecurity TV.

Industry Recognition

Among other industry accolades, ShorePoint was recognized for growth by Washington Technology, the Washington Business Journal and Inc., and earned technology, cybersecurity and Elastic awards for excellence. Additionally, ShorePoint was certified as a Great Place to Work® for the sixth consecutive year.

A newly refreshed website, highlighting the firm's mission and expertise, also won awards.

About ShorePoint

As an elite cybersecurity firm, ShorePoint continuously disrupts adversaries and targets their evolving tactics to provide a heightened level of security for federal civilian, defense and intelligence community customers. While defending against a surging number of cyber threats, customers count on ShorePoint's team of cybersecurity and digital transformation experts to maximize cyber resilience, lower risk and drive efficiency. ShorePoint is a fast-growing, privately held firm in Herndon, VA. www.shorepointinc.com

Media Contact

Joyce Bosc, ShorePoint, Inc., 1 301-717-9529, [email protected], www.shorepointinc.com 

SOURCE ShorePoint, Inc.

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