Tech Track 100

Delivering more than 1m dishes a month, this meal kit company was founded in 2012 by chief executive Timo Boldt, 33, after he found himself short of time to prepare food. It has raised £56.5m to date, including £28.5m from the likes of MMC Ventures and BGF Ventures in March this year. It uses automation and machine learning to route boxes in its warehouse and has developed an algorithm to understand customer behaviour that helps to keep food wastage to less than 0.5%. Sales reached £23.3m last year and the firm aims to be responsible for 400m meals in UK homes by 2025.

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Company details
ActivityMeal kit delivery services
LocationWest London
Average 3 year sales growth97.32%
Latest sales £000s*23,300

If applicable:

* supplied by company † annualised figure