OB10

Founded in 2000 by four former employees of the payment-card group Visa, OB10 operates an invoice delivery system that enables organisations to send and receive invoices electronically without the hassle of processing paper files. The London company has raised £34m in six rounds of funding since 2002 from investors that include Cargill and Lynx and FF&P Private Equity. International growth and an increase in sales staff have helped sales to rise 55% a year from £1.9m in 2005 to £7.1m in 2008.

This profile reflects the company at time of publication 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.

Company details
Year2008
Rank60
CompanyOB10
ActivityE-invoicing system provider
LocationCentral London
Average 3 year sales growth54.91%
Latest sales £000s*7,104
Staff136
Founded2000
Websitewww.ob10.com

If applicable:

* supplied by company † annualised figure