Founders

One of the least surprising trends in BusinessCloud’s Founder 250 list is the number of AI businesses featured.

Nearly all the businesses on the list use AI – some more than others.

The UK-wide list celebrates 250 of the country’s best founder-led and founder-influenced businesses.

RSM UK is the headline sponsor of the Founder 250, alongside law firm CG, property specialist OBI and investor Mercia Ventures.

One of the country’s best-known names in AI is Sir Demis Hassabis, who is included on the list as the founder of Isomorphic Labs.

He’s best known as the founder and CEO of Google DeepMind.

Hassabis was a chess and programming prodigy before becoming a computer scientist, neuroscientist and video game designer.

In 2024, he was awarded a knighthood for services to artificial intelligence.

Two highly regarded names on the list are brothers Nick and Richard Mealey, who founded Connex One in 2013, now rebranded as ConnexAI.

In 2022, the company raised £93m in a Series C funding round, with GP Bullhound among the investors.

Another set of brothers on the list are Tobie and Morgan Hitchcock, who founded SurrealDB in 2021/22, an AI-native, multi-model database.

Solve a real problem and customers will find you

Earlier this year, SurrealDB raised $23m in a Series A extension, bringing its total investment to date to $44m.

Two of the other names on the list are Caroline Grey and Jonathan Horn.

They founded Treefera in 2022, which has grown into a global cross-functional team of engineers, data scientists, environmental specialists and commercial operators.

Grey previously worked at UiPath, while Horn was a managing director at J.P. Morgan. Treefera empowers organisations to fortify their supply chains and build resilience through first-mile visibility.

Judging criteria

To qualify for inclusion in the Founder 250 list, companies must have a significant UK presence, be cash-generative and have been founded no later than 2024.

Although not essential, judges were also looking for businesses with a clear purpose, including B Corp status, ESG strategies or a commitment to charity or social impact.

A second smaller ‘Ones to Watch’ list of founder businesses will be published later in the year.

Note: Every effort has been made to check the accuracy of the information on the list. However, if you spot any errors, please email us here.

Founder name(s)CompanySectorFoundedLocationRegionFull profileFemale founder?
Ben TowersHapplAI2020LondonGreater LondonFull profile
Caroline Grey & Jonathan HornTreeferaAI2012LondonGreater LondonFull profile
Dr Peter Leek & Dr Ilana WisbyOxford Quantum Circuits AI2017ReadingSouth EastFull profile
Dr Robin Tuluie & Dr Jacomo CorboPhysicsXAI2020LondonGreater LondonFull profile
Jack RimmerRobiquityAI2016ManchesterNorth WestFull profile
John Morton & Simon BenjaminQuantum Motion TechnologiesAI2017LondonGreater LondonFull profile
Jonathan Low & Jakob CassimanScopeAI2024LondonGreater LondonFull profile
Mati Staniszewski & Piotr DąbkowskiElevenLabsAI2022LondonGreater LondonFull profile
Nick & Richard MealeyConnexAIAI2013ManchesterNorth WestFull profile
Richard Potter, David Leitch & Atul SharmaPeakAI2015ManchesterNorth WestFull profile
Sean Brown & Daniel Jones VersoriAI2022ManchesterNorth WestFull profile
Shawn Wen, Nikola Mrkšić & Eddy SuPolyAIAI2017LondonGreater LondonFull profile
Shelley Copsey & Karl Simons OBEFYLDAI2020LondonGreater LondonFull profile
Sir Demis HassabisIsomorphic LabsAI2021London Greater LondonFull profile
Tobie & Jaime Morgan HitchcockSurrealDBAI2021LondonGreater LondonFull profile
Victor Riparbelli, Steffen Tjerrild, Prof. Matthias Niessner & Prof. Lourdes AgapitoSynthesiaAI2017LondonGreater LondonFull profile