UK tech scale-ups to watch in 2023

Who will be the top performing scale-up companies in Megabuyte’s Emerging Stars Awards 2023? The shortlist has been announced.

What does a fast-growing tech company look like?

Our experience with ambitious and growing businesses has taught us they share a mindset: they see opportunities as they arise, they thrive on challenge, they set the bar high – and then they raise it. Looking forward with confidence remains key to unlocking potential, tapping into opportunities, and accelerating growth.

Neil Bellamy, our Head of Technology, Media & Communications (TMT) says: “You can see this growth mindset in evidence with our shortlisted companies. While the rest of the sector is cautiously optimistic following a challenging trading period at the end of 2022, these Emerging Stars continue to buck the trend with outstanding levels of scale-up despite economic headwinds. I congratulate them all as the best of the best in the sector.”

How are tech scale-ups ranked?

In the UK technology space, Megabuyte uses the Megabuyte Scorecard, a proprietary benchmarking methodology to score tech companies on five key financial KPIs including size, growth (particularly organic growth), margins and cashflow. 

This scorecard helps the investor and analyst communities to better understand the performance of public and privately owned UK tech companies. The emerging stars – which are earlier stage tech companies within this competitive universe – can use the scorecard to benchmark themselves against their peers.

Meet the shortlisted companies

The Megabuyte 100 Awards take place this year on 16 March and we’re delighted to again be sponsoring the Emerging Stars Awards and the Best Performing Company Overall Award 2023.  Meet the shortlisted companies here.

Look out for a copy of the Winning Companies 2023 report on Insights for winner analysis and scorecards.

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