The Sunday Times Sage Tech Track 100 league table ranks Britain’s 100 private tech (TMT) companies with the fastest-growing sales over their latest three years. It is compiled by Fast Track and published in The Sunday Times each September, with an awards event in November, and alumni events during the year.
The closing date for nominations for the 2021 league table is 2 July 2021, with publication in September 2021.
Tech Track 100 entry criteria
The closing date for nominations for the 2021 league table is 2 July 2021, with publication in September 2021.
Tech companies
- Independent tech* company
- UK registered, unquoted, and not subsidiaries
- Sales of at least £250,000 in the base year (2017 or 2018)
- Sales of at least £5m in the latest year (2020 or 2021)
- Year-on-year sales growth in the latest year from 2019 to 2020, or 2020 to 2021
- Trading weeks in the base and latest years have to exceed 25
- Sales for online platforms (including energy, tickets, gaming, consumer goods and services) are net of the cost of goods and services sold, media agencies’ sales are net of advertising spend on behalf of clients, and we do not accept gross written premiums for insurance companies’ sales
- Excluded companies include payday lenders, computer resellers and companies that are equal joint ventures, or majority-owned by quoted or other companies. IT consultancies and IT services companies are required to generate a significant proportion of their sales from proprietary technologies.
- We reserve the right to change the qualification criteria set out above and to make exceptions. This is not a competition; the compiler’s decision is final and no correspondence will be entered into
- Companies that do not meet the criteria can still be considered for the Ones to Watch programme. This is a selection of companies that have either achieved, or predict, good sales growth
* The definition of a technology company is based on the London Stock Exchange’s techMARK definition, i.e. “a company that shows a commitment to innovation, research and product development, and operates in sectors including software, internet, telecoms and biotech.”
.@Immunocore, the biotech firm working on treatments for eye cancer, is planning to raise $100m with an IPO on New York’s @Nasdaq exchange. An alumnus of our #SageTechTrack100, the Oxfordshire firm is led by Bahija Jallal (pictured), formerly at @AstraZeneca.
#entrepreneurs
@JoinMultiverse, co-founded and led by Euan Blair, has raised $44m in the largest round for a UK edtech startup, (and has changed its name from WhiteHat). Founded in 2016, the winner of our 10 Fast Track Ones to Watch in 2019 is now valued at $200m. https://t.co/er6gTJWE3K
@JoinMultiverse, co-founded and led by Euan Blair, has raised $44m in the largest round for a UK edtech startup, (and has changed its name from WhiteHat). Founded in 2016, the winner of our 10 Fast Track Ones to Watch in 2019 is now valued at $200m. https://t.co/er6gTJWE3K
@INEOS has given £100m to @UniofOxford to fight antibiotic-resistant superbugs. The donation from the chemicals manufacturer, which tops our #HSBCTopTrack100 league table of Britain’s biggest private companies, will be used to set up an antibiotics research institute.
.@pastaevangelist, the pasta-kit subscription service, is being acquired by Italy’s @Barilla for about £40m. It featured on our #VirginAtlanticFastTrack100 10 Ones to Watch last month, is led by MD Alessandro Savelli, backed by @PrueLeith @gilescoren @WilliamSitwell @Pembroke_VCT
@Checkout has hit a $15bn valuation, making our #SageTechTrack100 alumnus Europe’s most valuable venture-backed company. Founder and CEO Guillaume Pousaz is speaking at our virtual founders & shareholders roundtable on 16 March, sponsored by @Barclays Private Bank.
Dr Martens announces plans for a £3bn float on the London Stock Exchange. An alumnus of our #BDOProfitTrack100, the iconic boot brand is led by CEO Kenny Wilson, who gave a compelling keynote at our Profit Track virtual awards event in October. @BDOaccountant @santanderuk @ubs
Our #VirginAtlanticFastTrack100 alumnus @moonpig reportedly targeting £1bn+ valuation in one of the first IPOs of the year. The online greeting cards firm made sales of £173m and ebitda of £44m last year. https://t.co/b3tgOYmoHr
Congrats to 16 entrepreneurs, directors + employees of our alumni companies recognised in the New Year’s honours. Irene Hays, chair of #PwCTopTrack250 alumnus @HaysTravel (pictured), and Jo da Silva, structural engineer at #TopTrack100 stalwart @ArupGroup, both become dames.
Tackling the challenges of COVID-19 head on: Luke Benton, Owner and MD of @mnbprecision, number 30 on this years' @ST_FastTrack, told us how they've had to react and diversify to maintain growth: https://t.co/P1OrQgXR0e #fasttrack100 https://t.co/SpqdX8rcCl
Types of company
Sales
£5m - £50mProfits
(£5m) - £10mAverage 3 year sales growth
40% - 300% paStaff
10 - 1,000Fast Track were the first people to put us on the map Matt Moulding, founder & CEO, The Hut Group
We continue to hire for both our UK and international offices, and the recognition that comes from Tech Track 100 is helpful in recruiting the best talent out there Gareth Williams, co-founder & chairman, Skyscanner
A rite of passage for any successful entrepreneurial company George Karibian, co-founder, Paymentsense
Tech Track 100 has provided a fantastic endorsement and very effective exposure for us as we've grown Hugo Amos, co-founder & chief strategy officer, Black Swan Data
Tech Track 100 is the most effective form of free marketing and networking available today Colin Smithers, founder & CEO, Redtail Telematics
It gives us instant recognition with employees, suppliers, investors and customers Jason Curry, CFO, Captify
Being on the Tech Track 100 is a fabulous proof point for our business, especially on recruiting great talent Guy Farley, co-founder and CTO, Bought By Many
Alumni success stories
Featured in 2002 with sales of £23m; floated in 2015 and acquired in 2020 by Thoma Bravo for £3bn
Featured in 2006 with sales of £143m, floated in 2010, and completed a £6bn merger with Takeaway.com in 2020
Featured in 2011 with sales of £18m, floated in 2014 and was bought by Silverlake in 2018 for £2.2bn
Sponsors
