Tech City UK announced earlier the week the 26 new companies that are joining its Future Fifty program. According to the London-based business management consultant, the Future Fifty program gives participants immediate access to a valuable peer network along with expert-led classes and workshops designed to take their businesses to the next level and a higher profile amongst the wider tech ecosystem.
Tech City UK reported that since 2014, Future Fifty’s success includes:
- Five IPOs on the London Stock Exchange, raising $1.5 bn
- A total of 17 mergers and acquisitions of which 11 in the last year, which includes SwiftKey (Microsoft), Housetrip (TripAdvisor), One Fine Stay (Accor Group) and Skyscanner (Ctrip)
- More than $3.8 billion has been raised from across the 77 companies, including more than $1.5 bn in 2016
- Participants of the program have created 27,000 jobs around the world
- A string of alumni companies that are household names such as Zoopla and Just Eat.
Tech City UK also noted that all 26 companies (which includes some fintech companies) have been selected by a judging panel made up of entrepreneurs and investors in UK tech. These companies are online international transfer service Azimo; data technology company Blis; flower delivery service Bloom & Wild; car buying platform Carwow; free credit score platform ClearScore; company management business Condeco Group; financial service company Ebury; point-of-sale software and hardware provider Epos Now; cloud-based human resources and people management software company Fairsail; online marketplace Festicket; recipe boxes provider Gousto; intranet software and professional service provider Interact; computer/coding kit company Kano; online craft community and marketplace LoveCrafts; verified audience of student platform My UNiDAYS; identity verification platform Onfido; small business bookkeeping platform Receipt Bank; music technology company ROLI; online pet nutrition service Tails.com; e-commerce company Thread; luxury goods commerce platform Threads Styling; virtual instruments provider Spitfire Audio; kid-safe digital media platform SuperAwesome; online furniture brand Swoon Editions; telematics company Trak Global Group; and software brand Ve Interactive.
