Fleetondemand in Sunday Times Sage Tech Track 100
Fleetondemand has been featured in The Sunday Times Sage Tech Track 100, recognising its work as one of the UK’s fastest-growing technology companies.
The league table ranks Britain’s 100 private technology, media and telecoms (TMT) businesses with the fastest-growing sales over their latest three years and is published in The Sunday Times each September.
Business vehicle hire and mobility specialist Fleetondemand was listed 45th in the Tech Track 100 for 2020; making it the highest-ranking tech company in Yorkshire.
The listing comes after Fleetondemand achieved an impressive 80% growth in annual sales over the past three years and recently launched its services in France and Germany despite difficult trading conditions.
Fleetondemand’s founder and CEO, Justin Whitston commented: “To be recognised among Britain’s top-performing tech companies is a fantastic achievement. I’m incredibly proud of our team and this prestigious accolade is testament to all their hard work and dedication.
“It’s been an exciting journey for the business over the last few years. In 2018 we launched our market-leading Mobility as a Service (MaaS) platform Mobilleo and completed a £5m investment deal with private equity partner BGF. We acquired FleetEurope in 2019 to accelerate the growth of our MaaS solutions within the vehicle rental sector. This year we are continuing our expansion plans with the launch of our services and technology into the European market.”
Fleetondemand shares the league table with seven ‘unicorns’, including digital banking app Revolut, cyber-security developer Darktrace and healthcare app Babylon Health.
Previous Tech Track 100 stars include payment processing company Worldpay, which was sold in 2019 to Fidelity National Information Services (FIS) in a £26.5bn deal, and online supermarket Ocado, recently valued at over £14bn.
Paul Struthers, managing director, UK & Ireland at Sage – which sponsors the Tech Track 100 – said: “Being tuned into the drumbeat of the UK’s tech innovation is in our blood and it is fantastic to see companies in Yorkshire that are thriving despite the challenging environment. The Tech Track 100 is a great platform for us to support and showcase the next generation of the country’s brilliant tech businesses.”