2011 International Track 100

Rank: 2   Forward Internet Group

Says it has registered 1.3m US users for its ‘Invisible Hand’ price-comparison technology

Neil Hutchinson’s business began life in 2004 as an online marketing agency for companies wishing to improve their rankings in search-engine results. It has since developed “Invisible Hand” technology, which notifies internet users of cheaper prices on alternative websites and generates commissions for subsequent sales. The London company also runs a collection of e-commerce and price-comparison sites, and it acquired uSwitch in 2009. International sales at the business, which counts Hilton, North Face and eBay among its clients, increased by 287% a year, from £3m in 2007 to an annualised £45.4m in 2009.

Copyright © 2014.
This profile reflects the company at time of publication (as identified in top left-hand corner) and does not reflect any changes that may have subsequently occurred.
Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.


[back]

Company facts

Forward Internet Group
Media developer and investor
Company website

Int'l sales growth
286.69% pa
2009 intl sales*£45.4m
2007 intl sales£3.0m
2009 staff46
Founded2004
Location of HQCentral London
If applicable:
* = annualised figures
‡ = draft accounts