Fast Track researches and compiles two annual sub-tables, published in our Tech Track 100 supplement with The Sunday Times, featuring promising private British companies from a cross- section of industries that do not qualify for the main league tables but deserve special recognition. The Green Tech to Watch focuses on companies that are developing technology which helps mitigate or reverse the effects of human activity on the environment; the Ones to Watch features tech companies that are set to grow rapidly.
The 10 finalists for each programme are selected by a judging panel and are featured in our Sunday Times supplement. Their senior directors are also invited to the awards dinner, where they receive a certificate, with one overall winner presented with an award.
This is the inaugural year of our Green Tech to Watch. The programme highlights 10 companies that are developing technology to help mitigate or reverse the effects of human activity on the environment. The research takes into account factors such as scale and impact on the environment, business model, management team and investor credibility, as well as total funds raised. This year’s Green Tech to Watch will be judged by BGF and Fast Track, and published in the Tech Track 100 supplement in the Sunday Times on the 6 September. An overall winner will be presented with an award sponsored by BGF at the Tech Track 100 awards dinner in November.
The whole green agenda is as important for companies that are scaling as it is for large companies today Simon Calver, Head of Investments-Ventures, BGF
The Tech Track Ones to Watch showcases promising companies that do not meet the criteria of the Tech Track 100 league table, but have innovative technologies, and have either raised significant venture capital investment or are forecasting strong sales growth.
|Company||HQ location||Year end||Sales* £000s||Forecast sales* £000s||Staff||Founded|
|ArtfinderArt-buying platform||Central London||Dec-16||1,181||3,600||17||2010|
|BenevolentAIDrug discovery & development||Central London||Dec-16||2,585||7,500||80||2013|
|Bought By ManySpecialist insurance platform||Central London||Mar-17||9,700||20,000||51||2012|
|ClearScoreCredit-checking technology developer||South London||Dec-16||13,300||30,000||127||2015|
|Commuter ClubSeason ticket financing||Central London||Dec-16||638||1,556||20||2013|
|CurveMobile banking platform||Central London||Mar-17||600||4,800||30||2015|
|ElvieFemale health technology developer||Central London||Dec-16||n/a||n/a||30||2013|
|ImprobableVirtual reality technology developer||Central London||May-17||n/a||n/a||200||2012|
|MarketInvoiceInvoice financing platform||East London||Dec-16||4,400||6,000||75||2011|
|OnfidoIdentity verification software developer||Central London||Dec-16||n/a||n/a||150||2012|
|Pi-TopEducational computer developer||East London||Dec-16||2,170||8,100||50||2014|
|PortSwigger Web SecurityCyber-security developer||Cheshire||Oct-16||5,698||8,500||25||2008|
|Prodigy FinanceStudent finance provider||Central London||Dec-16||5,474||13,000||126||2007|
|RevolutCurrency transfer provider||East London||Dec-16||2,363||12,000||200||2015|
|TelensaSmart city technology developer||Cambridge||Mar-17||22,836||n/a||63||2005|
* sales and forecast sales provided by the companies
Being listed as one of the Ones to Watch in the Tech Track 100 is a tremendous achievement for our company Alan Faichney, chief executive officer, Edinburgh Instruments