A number of our portfolio companies recently appeared on the Sunday Times Hiscox Tech Track 100, a reputable league table ranking the top 100 fastest growing UK technology firms by their sales growth over the last three years. Please see below a quick snapshot of their impressive performance:
Darktrace, a market-leading cybersecurity firm which successfully defended against the WannaCry ransom attack, has been recognised as the 3rd fastest growing technology firm in the UK after achieving c. 268% annual sales growth over the last three years.
Established in 2012, iwoca is a leading FinTech firm which provides flexible credit facilities to small businesses across Europe. With over 10k small business clients since inception, iwocacontinue to grow rapidly and have been named the UK’s 21st fastest growing technology firm with c. 129% annual sales growth over the last three years.
Threads Styling uses social media to connect buyers with the latest luxury clothes and fashion accessories. Following strong demand from the Middle East, Threads have been named the UK’s 32nd fastest growing technology firm with c. 102% annual sales growth over the last three years.
Onfido, a start-up specialising in automated global background checks, has been identified as a potential future market leader and is anticipating to achieve c. 300% sales growth during 2017.