Tech Track 100

This London company claims that its electronic invoice delivery system saved more than 8m sheets of paper in 2008. In the past year OB10 has won business from Kraft, Pfizer, Hertz and Lufthansa. The company has launched a service that allows purchase orders to be sent electronically, and a service where suppliers can quickly check the status of an invoice. Founded by four former Visa employees, OB10 has raised £34m in six rounds of funding since 2002. Sales have grown 43% a year from £3.4m in 2006 to £10m in 2009, when the company reported a loss.

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Company details
ActivityE-invoicing system provider
LocationCentral London
Average 3 year sales growth42.92%
Latest sales £000s*10,004

If applicable:

* supplied by company † annualised figure