Four companies supported by Albion Capital rank among Britain’s fastest-growing tech firms
Albion Capital is proud to have supported four British companies included in the annual Sunday Times Hiscox Tech Track 100 league table this weekend, ranking Britain’s private technology companies with the fastest-growing sales. Albion Capital invests in high growth UK companies at the Series A and early Series B stage, with a focus on digital B2B companies across a broad range of sectors, including digital health, martech, cybersecurity, and fintech. The four companies in this year’s list are Black Swan Data, Egress, Grapeshot and Symetrica. Their combined annual sales have grown over 5x in three years from £7m to £38m, and together they now employ more than 500 people.
Black Swan Data is a data analytics business which uses the latest data science and AI techniques to predict consumer behaviour for its clients. Customers include some of the largest FMCG brands, such as Pepsico, Disney, Unilever and IAG. Founded in 2012 the business now has offices in London, New York, California and Hungary.
Egress is the leading secure communication and data privacy platform in the UK. Egress’s SaaS platform helps local authorities, central government, NGOs, financial services, lawyers among other sectors secure their data. The company has grown from 25 to 123 people across three locations in London and Yorkshire since raising institutional finance in 2014.
Grapeshot has developed a context marketing engine which leverages machine learning to improve the efficiency of online advertising. Grapeshot is integrated with the leading marketing, publishing and media platforms globally, and has grown from its Cambridge HQ to offices in New York, Chicago, San Francisco, London, Cambridge, Sydney and Singapore.
Symetrica is a global leader in radiation detection and identification. Symetrica’s patented technology can be found in handheld detectors, used by the likes of the US Department of Homeland Security, and in drive-through scanners at ports in Europe, the Middle East and Latin America to identify materials that could be used in dirty bombs.
Ed Lascelles, partner at Albion Capital, says: “The quality of companies included in the 2017 Tech Track bears testament to the health of the UK tech industry. We are very excited by the potential we see in UK tech and are constantly searching for companies we can support to transform ways of working and living, and create value for the economy.”