Technology

Posted on March 17, 2020 by staff

Tech Nation announces 28 new firms on ‘Future Fifty’ cohort

Technology

Government-backed UK tech network Tech Nation has announced the 28 high-growth scale-ups which will join its ‘Future Fifty’ cohort, a UK-based late-stage growth programme.

Now in its eighth year, the programme has worked with alumni which have now seen a total of nine IPOs and 30 mergers and acquisitions. Previously supported tech companies including Deliveroo, Funding Circle, Skyscanner and Partnerize.

The programme is supported by partners CBRE, RSM, Talent Works International and Shearman & Sterling who bring their expertise and networks to Future Fifty.

Of the 28 companies joining the programme, a third are led by first-time founders. They account for a total of 5,579 jobs, and average 201 employees. The cohorts combined total revenues add up to £219m, with £7.8m average revenues.

Two unicorns will join this year’s cohort, FinTech firm Atom Bank and HealthTech firm Babylon Health. The majority of the new cohort are in FinTech and SaaS, and bring the total amount of unicorns to have joined the programme to 18.

Future Fity 2020 cohort:

  1. Atom Bank, Durham, FinTech
  2. Babylon Health, London, HealthTech
  3. Beamery, London, Enterprise & Cloud Computing
  4. BenevolentAI, Cambridge, AI
  5. Callsign, London, Cybersecurity
  6. ComplyAdvantage, London, SaaS
  7. Crisp, Leeds, AI
  8. Cytora, London, FinTech
  9. Decibel, London, SaaS
  10. Duco, London, SaaS
  11. Eigen, London, AI
  12. Elder, London, HealthTech
  13. Elvie, London, HealthTech
  14. gohenry, London, FinTech
  15. Healx, Cambridge, HealthTech
  16. Hutch, London, Digital Entertainment
  17. Landbay, London, FinTech
  18. Matillion, Altrincham, Data Analytics
  19. Monterosa, London, SaaS
  20. Ometria, London, Adtech
  21. The Plum Guide, London, eCommerce
  22. Thought Machine, London, FinTech
  23. Privitar, London, Data Analytics
  24. Soldo, London, FinTech
  25. Twinkl, Sheffield, EdTech
  26. Vizolution, Swansea, SaaS
  27. wejo, Chester, Tech for Good
  28. Zego, London, FinTech