This Crewe-based company’s apps and black boxes are used to monitor motorists’ braking, speed and driving style. Insurers such as More Than use the data to reward safe driving with lower premiums. In addition, automotive partners offer free insurance underpinned by the group’s technology, and its Appy Fleet software allows fleet partners such as Rentokil to track their vehicles via employees’ smartphones. In June, Trak Global Telematics merged with sister business Carrot, a provider of insurance policies for young drivers, to create a group with combined 2017 sales of £25.3m. It is led by co-founder and chief executive Nick Corrie, 48.

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Company details
Year2017
Rank61
CompanyTrak Global Group
ActivityVehicle tracking technology
LocationCrewe
Average 3 year sales growth70.60%
Latest sales £000s*25,296
Staff225
Founded2009
Websitewww.trakglobal.co.uk

If applicable:

* supplied by company † annualised figure