Data partners

Fast Track conducts extensive desk, telephone and face-to-face interviews to identify companies for our seven annual league tables. We are helped by our research partners and data suppliers.

 

How we identify fast-growing tech companies

To help us identify Britain’s fastest growing tech stars, for the 2016 league table we worked with some new research partners.

The search is challenging because sales figures for many small companies are not publically available. We welcome nominations from companies on our website, but otherwise it is down to our team of researchers to seek them out, through desk research and interviews with the management of the companies we feature in the rankings.

One useful signpost of fast growth can be a company’s appeal to external investors; in 2015, two fifths of the Tech Track 100 companies were backed by private equity or venture capital firms.

But again, comprehensive information on significant fundraisings can be difficult to find.  To help us in our hunt, we have enlisted Beauhurst, which provides data on high-growth companies, and analytics firm Quid.

Beauhurst has identified more than 8,500 fast-growth UK companies, which are backed by some 2,000 investors. It uses a combination of thousands of online sources and manual research to track these companies and create profiles and timelines.

Quid’s proprietary web platform enables users to search and process millions of sources about innovative growth companies and to visually map answers to questions that might previously have required weeks or months of research. In addition to identifying those ventures that have secured significant financial backing, Quid has also enabled us to focus searches on hot tech sectors, such internet of things or cyber-security.

They are a powerful addition to our roster of key data partners, which also includes Bureau van Dijk’s Fame, Experian’s MarketIQ, Companies House, Crunchbase and SimilarWeb.

To find out which stars join the likes of Just Eat, Shazam and Zoopla in having their growth celebrated in Tech Track 100, see The Sunday Times on 11th September.

How we identify fast-growing private companies

We have been identifying Britain’s fastest-growing private companies for 20 years.

The search is challenging because sales figures for many small companies are not publically available. We welcome nominations from companies on our website, but otherwise it is down to our team of researchers to seek them out, through desk research and interviews with the founders of the companies we feature in the rankings.

One clear trend over the past two decades has been the growth of internet retailing. In order to identify the fastest-growing ecommerce websites in the UK, we have enlisted the help of digital market intelligence company SimilarWeb, which measures internet activity across 80m websites and 3m mobile apps.

Another useful signpost of fast growth can be a company’s appeal to external investors; in 2015, over one third (36) of the Fast Track 100 companies were backed by private equity or venture capital firms, business angels or corporate investors.

But not all fundraisings are publicised. To help us in our hunt for companies for the 2016 league table, we sourced leads from Beauhurst, which has identified more than 8,500 fast-growth UK companies that are backed by 2,000+ investors. It uses a combination of online sources and manual research to track these companies and create profiles and timelines.

SimilarWeb and Beauhurst are a powerful addition to our roster of key data partners, which also includes Bureau van Dijk’s Fame, Experian’s MarketIQ and Companies House.

To find out which stars join the likes of ARM, Carphone Warehouse and innocent in having their growth celebrated in Fast Track 100, see The Sunday Times on 4th December.

Bureau van Dijk Electronic Publishing (BvDEP) provides Fast Track with access to FAME, a database of detailed UK and Irish public and private company information; and to Zephyr, a worldwide database of private equity deals and mergers & acquisitions.

Experian MarketIQ reveals new layers of market insight by combining Corpfin’s global M&A database with comprehensive Companies House data and its business, financial and risk databases all on a single platform.

SimilarWeb provides customers with digital insights for any website or app across all industries worldwide. Thousands of businesses, including Ebay, L’Oreal, Google and AirBnB, use SimilarWeb to understand, track and grow their digital market share.

Quid expands users’ ability to comprehend massive amounts of information on any given topic. Through interactive visual maps, it makes it easy to navigate through the world’s collective intelligence and see relationships previously hidden.

Beauhurst has identified more than 8,500 fast-growth UK companies, which are backed by some 2,000 investors. It uses a combination of thousands of online sources and manual research to track these companies and create profiles and timelines.