More than 600 companies, such as Ikea, Dyson and Virgin Atlantic, use this firm’s technology to encourage shoppers visiting their websites to complete an abandoned transaction and thus increase online sales. Potential customers might see an on-screen message, for example, or be lured back later by a text message or email. Chief executive Dominic Edmunds, 38, started the business in 2010 and led it to sales of £9m this year. Based in Tyne & Wear, it also operates from offices in the US, France and Singapore.

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
Year2016
Rank38
CompanySalecycle
ActivityMarketing technology developer
LocationTyne and Wear
Average 3 year sales growth88.72%
Latest sales £000s*8,956
Staff114
Founded2010
Websitewww.salecycle.com

If applicable:

* supplied by company † annualised figure