Tech Track 100

Waracle specialises in digital innovation and mobile app development in highly regulated markets such as healthcare, financial services and energy. It was founded in Dundee in 2007, and has developed apps for customers such as Virgin Money, the NHS and Scottish Power. In recent years, Waracle has broadened its remit to include a wide range of emerging technologies, such as the internet of things and AI, and moved into virtual and augmented reality with the acquisition of Mozenix, another Dundee firm, last year. BGF invested £4.8m in 2019 and the company, led by chief executive Chris Martin, 51, hit sales of £11.8m last year.

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
ActivityMobile app developer
Average 3 year sales growth54.67%
Latest sales £000s*11,779

If applicable:

* supplied by company † annualised figure