WDX ranks No.18 in the 2017 Tech Track 100 by Sunday Times and sets for further significant growth
Britain’s fastest-growing private tech companies were announced in the 17th annual Sunday Times Hiscox Tech Track 100 league table on 10th September 2017.
WDX has been ranked No.18 in the league table which consists of the top 100 private technology, media and telecoms (TMT) companies in Britain. WDX recorded a massive 155% annual sales growth per year over the last 3 years with sales reaching £6.4M in September 2016 and on track to reach approximately £9m by end of September 2017. WDX has always been and remains profitable and cash positive and is 89% owned by the company’s original founders.
Commenting on the firm’s success, Gary Linieres, CEO of WDX said:
“We are honoured to rank number 18 in the Sunday Times Tech Track 100. This is a tremendous achievement for our firm and a true reflection of the team’s hard work and continuous innovation. 2017 has seen further significant growth with several more major UK and international Wealth Managers and Private Banks adopting the WDX Client Engagement Platform”
Of the 100 listed companies, 57 are headquartered in London (compared to 42 last year) and include 33 new entrants to the league table including WDX.
The Tech Track 100 is sponsored by Hiscox, Barclays, BDO, BGF and N+1 Singer, and compiled by Fast Track, the Oxford-based research and networking events firm.
Steve Langan, CEO of Hiscox Insurance Company, commented: “Congratulations to all of the companies on the Sunday Times Tech Track 100. Their courage is laudable; rapid growth and continual innovation takes grit. We are extremely proud to be associated with such an impressive list.”