Are these the UK’s top 100 fastest-growing tech firms?

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Published on 12th September, 2016

Startups 100-listed Funding Circle, RealityMine, Zopa and Adzuna among businesses named in Sunday Times Tech Track 100 index

The UK’s 100 fastest-growing private technology companies have been announced in TheSunday Times’ annual Tech Track 100 index.

Farnborough-based UKCloud, a cloud services provider, took the top spot in the ranking thanks to an annual sales increase of 262.66% over the last three years, followed by Startups Awards finalist Roc Technologies, an IT services provider that has seen 221.18% growth over the same period.

In third place was LoveCrafts with 214.97% revenue growth, an online craft community that appeared in our biggest investments of 2015 feature alongside WorldRemit (180.35%), which also made the top 10.

A number of Startups 100 alumni made the list including Funding Circle, founded by Young Guns Samir Desai, James Meekings and Andrew Mullinger, in eighth place with 155.39% revenue growth, big data start-up RealityMine at 27 with 108.87% growth, peer-to-peer lender Zopa at 36 having grown sales by 90.75% and Adzuna, the Young Gun founded classifieds engine, in position 45 with 80.15% growth.

Ratesetter, with revenue growth of 133.63%, and Farfetch (85.07%) – which were also amongst 2015’s biggest investments – were ranked in the Tech Track index at 15 and 42 respectively.

On average, the 100 companies had sales in the region of £10m, with average growth of 88% over the last three years. The majority (42) were based in London, the South East (20) and the North West (8). The Combined sales of every business topped £2.2bn – up from £393m in 2013.

View the full index here.

Written By

Henry has been writing for Startups.co.uk since 2015, covering everything from business finance and web builders to tax and red tape. He’s also acted as project lead on many of our industry-renowned annual indexes, including Startups 100 and Business Ideas, and created a number of the site’s popular how to guides.

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