Posted on August 5, 2019 by staff

London Tech 50: Capital’s most innovative firm crowned


We can finally reveal the inaugural London Tech 50 – our ranking of the capital’s most exciting technology companies.

HealthTech start-up Andiamo has been crowned London’s most innovative tech company after securing heavy backing from both an independent judging panel and the general public.

Hackney-based Andiamo was founded by Samiya and Naveed Parvez to fast-track the process of designing and manufacturing custom-made splints and braces to support the spine and limbs of disabled children.

Their motivation was the suffering endured by their tragic son Diamo, who suffered unimaginable pain before dying from complications associated with his cerebral palsy at just nine years of age. They now hope to help millions of others.

The London Tech 50 ranking in full

It was followed by London’s big hitters, with Westminster-based challenger bank OakNorth – which provides debt finance to SMEs and has raised $1bn+ investment to date – coming in second.

Southwark-based P2P lender Zopa, which is now moving into the digital banking space, was third, ahead of Camden’s Benevolent AI, which speeds up medical discovery by analysing large scientific research data sets.

Digital bank Revolut, based in Tower Hamlets, rounded out the top five, followed by Babylon Health (Kensington and Chelsea), Seedrs (Islington), Deliveroo (City of London), Monzo (Islington) and DeepMind (City of London).

You can see the full top 50 list, which was compiled from a long-list of more than 200 disruptive companies, here.

The public vote on the long-list attracted more than 2,700 votes. A panel of expert judges also made their choices. The final 50 ranking was decided from a combination of these.

The judging panel was comprised of: Dr Lopa Patel MBE, CEO, Diversity UK; Martin SFP Bryant, tech commentator and founder of Big Revolution; Eoin Marsh, entrepreneur engagement manager (London), Tech Nation; Karthi Velayutham, director, Women Who Code London; Sophie Eden and Sam Gordon, founders, Gordon & Eden; Sue Daley, associate director, technology & innovation, and Matthew Evans, executive director, techUK; and Jonathan Symcox, editor, BusinessCloud.

The London Tech 50 ranking in full

London Tech 50 is the first of 11 annual regional ranked lists which will aim to shine a light on the companies of all sizes who are doing amazing things with technology.