2018 Tech Tour Growth 50

Tech Tour Growth 50: The Rise of Europe’s Super-Scale Ups

Methodology

 

Financial Criteria for inclusion in the Tech Tour Growth 50 “Super-Scale Up” universe

Companies should be private with at least one independent investor and meet at least three of the four financial criteria:

 

  • €10 mln in revenue
  • €20 mln in total funding
  • €100 mln valuation
  • Min revenue growth pa on average over the last 3 years
    • 80% for companies with €10-30 mln in revenues
    • 50% for companies with €30-100 mln in revenues

Tech Tour identifies a long list of companies that potential qualify for the Tech Tour Growth 50 using publicly available data sources, notably PitchBook. The Selection Committee members are asked to add or remove companies from this list using their own market insight.

 

Selection Criteria & Voting Procedure

Tech Tour reaches out to the individual companies asking if they meet at least three of the four financial criteria above for inclusion. Supplementary information is requested during the process to aid in the final voting decision and Tech Tour identifies a long list of companies that potentially qualify for the Tech Tour Growth 50 based on the below criteria:

 

  • Achievement: Capital efficiency, growth in last 3 years, business plan execution, market penetration, barrier to competition/IP
  • Impact: Addressable market, scalability/international expansion, disruptive business model/value proposition/innovation potential
  • Momentum: Projected growth, financial backing/future requirements, commercial partnerships
  • Management team qualifiers: past awards won/success of previous companies founded

Selection Committee members get 50 votes (i.e. one per company for the final 50). During voting the four factors above are taken into account.

 

Companies that verify that they meet 3 of the financial criteria are automatically awarded one vote. Companies that respond meeting 4 of the financial criteria are awarded two votes.  

 

Award Selection

Two awards are given each year: The Tech Tour Growth Award and the Tech Tour Innovation Award. The Growth Award is judged on the same criteria that the Selection Committee use when voting for companies. The Innovation Award focuses on technological or business model innovation and its market application.

Tech Tour 2019 Growth Summit

Meet TTG50 companies