At TNW, we love fast-growing startups – telling their stories and celebrating their growth. This is why we have decided to partner with Adyen - for the fourth year in a row - to host our acclaimed Tech5 competition. For Tech5, we focus on one key figure: Revenue growth between 2014 and 2016.
We’ve witnessed exponential growth of the European tech scene. Ecosystems all over the continent are maturing at an extreme pace, providing a launchpad for tech companies like Transferwise, Delivery Hero, Cabify, Foodpanda and iZettle – all which have shown massive increases in revenue in a short period of time.
TNW - with its community and ability to bring people together- and Adyen, itself still a fast-growing startup with lots of real world experience to share, are a great building block for any tech company looking to take that next step - or to make that next leap.
Together, TNW and Adyen have scouted Germany, the UK, Spain, France, Sweden and the Netherlands to find the fastest growing tech company in Europe. The top 10 finalists from each nation were invited to an exclusive celebratory dinner in their respective capitals. During these dinners, the local top 5's and the winner of each country were announced.
However, growthrates were not communicated just yet, as the winner from each country went on to partake in the European 'Finale': the announcement of the overall European winner during TNW Conference 2017.
At 16:10 on Thursday May 18th, the winner announcement took place on the main stage of TNW Conference. Here, Patrick De Laive –co-founder of TNW– and Tim van Diest –SVP of Accountmanagement– handed over the award of Europe's Fastest Growing Company to ..
The French start-up MisterFly. This young flight-booking company managed to get an incredible growthrate of 48.000% since their inception until end of 2016.
The winners from all countries compiled together in one list, sorted by growth, are what we call the..
- MisterFly –48000%– France (Winner)
- Bragi – 11000%– Germany (Winner)
- Tiqets – 10546% – The Netherlands (Winner)
- Marley Spoon – 9996% – Germany
- Move24 – 8150% – Germany
- Deliveroo –7357% – United Kingdom (Winner)
- Emma Matratzen GmbH – 7450% – Germany
- ABOUT YOU – 5859% – Germany
- CornerJob – 5000% – Spain (Winner) (Funding announcement on Friday 19th!)
- HomeToGo – 5000% – Germany
- Wynd – 5000% – France
- FACEIT – 4611% – United Kingdom
- Bloomon – 4399% – the Netherlands
- Contorion – 4243% – Germany
- Homebell – 4000% – Germany
- Happn – 3400% – France
- srprs.me – 3006% – the Netherlands
- GoEuro – 2900% – Germany
- Matsmart – 2696% – Sweden (Winner)
- Kobi Digital – 2593% – the Netherlands
- BUX – 2520% – the Netherlands
- Tink – 2500% – Germany
- Doctolib – 2428% – France
- Loisirs Enchères – 2359% – France
- Mellerbrand – 2300% – Spain
- Vandebron – 2154% – the Netherlands
- Acast – 1900% – Sweden
- Geoblink – 1700% – Spain
- Onfido – 1645% – United Kingdom
- ANDigital – 1604% – United Kingdom
It's amazing to see how many fast growing companies have been sprouting on European soil. Aside from the ones that made the shortlists, we've seen a ton of others that had significant revenues and still continue to grow. As Europeans involved in technology, we should be proud of these highly successful startups. The Tech5 competition is here to celebrate those young companies and reveal them to a larger audience.Patrick de Laive, co-founder of The Next Web
We are thrilled to see so much activity in the European startup scene. Adyen is lucky to be in a position to work with many startups and to help them grow by accepting payments from all over the world. We’re committed to continuing that support and to accelerating growth across industries. I’m looking forward to seeing this year’s winners at TNW Europe.Roelant Prins, Adyen CCO
- Top 10 shortlisted startups from each country are invited for a special event, where we announce the fastest growing company in the region
- Tech5 winners and nominees will be covered in TNW and other media outlets
- Country winners get the chance to co-create an article on TNW about their growth
- Country winners are invited for the winner announcement on stage at TNW Conference
Growth rate* Revenue growth is calculated using the revenue figures of 2014 and 2016. We have an entry barrier of 200k in 2014. All companies that had a lower revenue than 200k revenue lower than
Article: Introducing country ambassadors: http://thenextweb.com/insider/2016/11/30/who-are-the-30-fastest-growing-companies-in-europe/
Article: Growth Story MAG Interactive: http://thenextweb.com/insider/2016/11/28/mag-created-good-times-factory-reached-100-million-players/
Article: Opening up the applications for Tech5 http://thenextweb.com/insider/2016/12/21/the-hunt-for-the-fastest-growing-company-in-europe-starts-now/
The Next Web is a tech media company that brings remarkable stories to people who take a special interest in technology. TNW celebrates companies that achieve impressive results, giving them a unique chance to shine.
Adyen is the technology company reinventing payments for the global economy. The only provider of a modern end-to-end infrastructure connecting directly to Visa, MasterCard, and consumers’ globally preferred payment methods, Adyen delivers frictionless payments across online, mobile, and in-store. With offices all around the world, Adyen serves more than 4,500 businesses, including 7 of the 10 largest U.S. Internet companies. Customers include Facebook, Uber, Airbnb, Netflix, Spotify, L’Oreal and Burberry. For more information: http://www.adyen.com
We appointed a key figure in each ecosystem as a country ambassador to help us with our search for the fastest growing company.
Aurore Belfrage co-founded Wrapp and is now Head of Together at EQT Ventures – a European matchmaking platform for early stage investors and startups.
Jan Hammer is a partner at Index Ventures. His investments include Adyen, Collibra, Credit Benchmark, Robinhood and Transferwise. He’s located in London and will cover the UK market for Tech5.
Maximilian von der Ahé is Founder and CEO at Betahaus, Berlin's original co-working space. Betahaus opened its doors to the Berlin entrepreneurial community in 2009. We’re proud to have Max as the country ambassador of Germany.
Jose Iglesias is the Regional Director of Startup Programs in EMEA at Techstars. Prior to Techstars, Jose ran his own startup. We’re proud that Jose represents Spain. The Netherlands
Patrick de Laive is an experienced entrepreneur and advisor. He is Co-Founder of TNW. He sporadically invests in a startup and is a frequent speaker at tech events across the globe. Patrick will help support Tech5 from the Netherlands.
Willy Braun is Co-Founder at of the brand new investment fund Daphni. In his earlier days, he was general manager of France Digitale. Willy loves books, data & ties. He writes regularly in Daphni chronicles and in Daphni weekly, a curation of the best articles read by Daphni investment team. We delighted to have him representing France.