Tech Track 100 – is your company one of the fastest-growing private tech businesses in the UK?


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Authored by Richard Tyler.
3 min read
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Do you lead a fast-growing business within the tech, media or telecoms sectors that has the potential to become a market leader? If the answer is yes, then why not nominate your company for The Sunday Times Hiscox Tech Track 100 league table?

Do you lead a fast-growing business within the tech, media or telecoms sectors that has the potential to become a market leader? If the answer is yes, then why not nominate your company for The Sunday Times Hiscox Tech Track 100 league table?

Since 2001, The Sunday Times has published an annual league table ranking Britain’s 100 private tech companies with the fastest-growing sales over the last three years. Achieving a place on the league table demonstrates the growth and potential of your company to investors and peers, as well as current and future customers and clients.

Who can enter the Tech Track 100?

  • Independent tech* companies that are UK registered, unquoted, and not subsidiaries
  • Companies that have achieved sales of at least £250,000 in the base year (2015 or 2016), and sales of at least £5m in the latest year (2018 or 2019)

A record 78 companies on the 2018 league table secured external equity investment, including cybersecurity developer Darktrace, which had raised more than $230m and was valued at $1.65bn upon publication last September. BBOXX, which has deployed 150,000 solar home systems across 35 countries, was one of 72 Tech Track firms active overseas. The dominant sector on the league table was software, with 27 companies featuring, including Thoughtonomy, whose AI platform automates functions previously undertaken by staff. TransferWise, which recently became Europe’s biggest fintech unicorn with a valuation of $3.5bn, was among a record 22 fintech companies to feature on the table.

You’ll get a sense of the type of companies that populate the Sunday Times Hiscox Tech Track 100 and important emerging trends from last year’s Top 100 ranking. (external link)

Each company on the list has faced and overcome their own challenges as they’ve risen from promising start-up to potential market leader.

As an insurer that has been writing intelligent insurance solutions for the tech industry for more than 23 years, we’re proud to be the title sponsor for the Sunday Times Tech Track 100.  It’s an important part of our ongoing commitment to supporting the growth of the UK technology sector.

For full details on criteria visit Tech Track 100. (external link)

This is a league table for fast-growing private enterprises that are reshaping technology as we know it. Companies that do not meet the criteria can still be considered for the Ones to Watch programme. This is a selection of companies that have developed exciting new technology and are projecting good sales growth.

Nominations are open until midnight, 6 July 2019 and the list will be published in The Sunday Times on 8 September 2019. To enter, fill in the nomination form. (external link)

We look forward to seeing if your company makes the 2019 Sunday Times Hiscox Tech Track 100…good luck!

* The definition of a technology company is based on the London Stock Exchange’s techMARK definition, i.e. ‘a company that shows a commitment to innovation, research and product development, and operates in sectors including software, internet, telecoms and biotech.’

Disclaimer:
At Hiscox, we want to help your small business thrive. Our blog has many articles you may find relevant and useful as your business grows. But these articles aren’t professional advice. So, to find out more on a subject we cover here, please seek professional assistance.

Richard Tyler

Richard Tyler, an experienced writer and editor, leads The Sunday Time's Fast Track research and editorial.