Each year The Sunday Times ranks Britain’s 100 private tech companies with the fastest-growing sales over the last three years. It’s a varied list, but one that demonstrates the growth and potential of your company to investors and peers as well as current and future customers.
Tech Track 100 companies on the list are typically:
- an independent tech* company
- UK registered, unquoted, and not subsidiaries
- achieving sales of at least £250,000 in the base year (2013 or 2014)
- achieving sales of at least £5m in the latest year (2016 or 2017)
* 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.’
Over a quarter of the companies on last year’s list provided cloud computing services, including top firm UKCloud. The dominant sectors on the league table included fintech, with thirteen companies operating in the financial technology space, such as Funding Circle (No 8), which matches businesses looking for loans with investors. Fifteen software companies featured, including CitNOW (No 19), whose video technology allows car dealers to showcase their vehicles to customers.
You’ll get a sense of the type of companies that populate the Sunday Times Hiscox Tech Track 100 and the emerging trends from last year’s Top 100 ranking.
Of course, each company on the list has faced their own challenge as they’ve risen from start-up to potential major player. Hear more from some of the companies that populated last year’s lists as well as tips from more well-known entrepreneurs in our Tech Track 100 hub.
As an insurer that has been writing intelligent insurance solutions for the tech industry for more than 21 years, we’re once again 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.
If your company is a computer reseller or a payday lender then you won’t be able to apply. For full details on criteria visit Tech Track 100.
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 either achieved, or predict, good sales growth.
Nominations are open until midnight, 7 July 2017 and the list will be published in The Sunday Times on 10 September 2017. To enter, fill in the nomination form.
We look forward to seeing if your company makes the 2017 Sunday Times Hiscox Tech Track 100…good luck!