Thursday 26 January 2017 7:00 am

Meet the 33 tech startups set for stardom

More than 30 companies have been identified as the most promising tech startups in the country and will be mentored by top entrepreneurs to help create the next wave of top British tech stars.

Challenger bank Monzo, online shopping site Trouva and digital mortgage adviser Trussle are among the startups who will be mentored by Lastminute.com entrepreneurs Lady Martha Lane Fox and Brent Hoberman, Candy Crush co-founder Riccardo Zacconi and Just Eat chief executive David Buttress.

They will join Tech City UK's Upscale programme along with another property technology (proptech) company, GoodLord, Cambridge-based artificial intelligence firm Cambridge Intelligence and MoneyFarm, a fintech firm specialising in wealth management.

Read more: Now Microsoft's pledged to train the UK in digital skills for free

The startups, seven of which are from outside of London, will be coached in becoming so-called scale-ups on the six month scheme, of the calibre of some of the UK's most successful tech firms such as Swiftkey, Unruly and OneFineStay, which are graduates of Tech City's Future Fifty programme.

“One of the objectives of Tech City UK is to accelerate the growth of the country’s digital and tech sector," said the group's chief executive Gerard Grech.

"The companies that join our Upscale programme have already overcome significant hurdles and have the makings of brilliant businesses. It’s also great to see so many regions and sectors represented in the cohort, demonstrating the great diversity this country has when it comes to digital technology, as highlighted by the Prime Minister in her recent industrial strategy announcement."

Read more: Five beauty tech startups joining L'Oreal and Founders Factory's incubator

The startups come from across sectors – from software and fintech, to health tech and the Internet of Things, while four firms have female founders – "particularly great" said Grech, "but the industry needs to work harder to make sure that women are getting to senior roles in the sector".

The 33 early-stage businesses have raised on average $4.1m and bring in revenues of just over $1m per year and are four-years-old.

StartupWhat is it?Sector
BlazeUrban mobility brand providing technology for bike sharing schemes and consumer cyclists globallyHardware and devices
Boiler RoomOnline music broadcaster of live events. Six years old, it has now hosted shows in 100 cities worldwideDigital entertainment
Bulb

An online renewable gas and electricity supplier, competing with the likes of British Gas and NPower

IoT/connected devices
Cambridge IntelligenceAn artificial intelligence company that helps companies see patterns and insights in their dataData and analytics
ChargifiSupplies networked, wireless power to public venues like coffee shops, hotels, restaurants, sporting arenas, offices and transport hubs

App and software development

CharlieHRA free HR platform for small companiesSaaS
CronofyA cloud computing company that allows people to check the availability of people in real timeEnterprise software and cloud computing
CurveAllows you to combine all your credit cards into one Curve card and link with an app to monitor your spendingApp and software development
DueCourseOnline invoice factoring businessFintech
EchoAn app that takes the pain out of repeat prescriptionHealth tech and biology
ElvieA company that focuses on women’s wellness with wearable techIoT/connected devices
EveryLIFE TechnologiesProvides a mobile platform for managing social care in real time, working with the NHS and social care providersEnterprise software and cloud computing
Firefly LearningOnline tool for teachers, parents and schools to monitor pupils’ progress at schoolEdtech
GeoSpockDatabase technology that enables extreme-scale, real-time geo-spatial and multi-dimensional big data applicationsEnterprise software and cloud computing
GoodLordEnd to end digital platform allowing letting agents, tenants and landlords to complete a rental transactionApp and software development
GrabyoEdit, publish and share video across mobile devicesEnterprise software and cloud computing
Live Better WithCommunity and marketplace for products for people living with cancerHealth tech and biology
LivingLensAllows companies to search hours of market research video by key wordData and analytics
MasteredOnline courses for fashion professionalsEdtech
MixcloudAudio streaming service that allows users to listen to radio from all over the worldDigital entertainment
MoneyfarmOnline wealth manager whose investors include Allianz, one of the world’s largest insurersFintech
MonzoOne of a new breed of challenger banks. The mobile banking app receives its banking licence this yearFintech
PaddleProvides e-commerce and digital infrastructure for software businessese-commerce and marketplace
pi-topProvides DIY laptop and desktop products for STEM educationEdtech
PockitBanking startup aimed at those excluded from mainstream bankingFintech
PoqApp commerce solution for major retailersSaaS
Signal MediaArtificial Intelligence-powered new monitoringData and analytics
StoryStreamLive storytelling for brands: content curation and publishingDigital advertising and marketing
StreetbeesMarket research insights from around the world, collected through artificial intelligence and geo-locationData and analytics
TrouvaCurated online shopping from 150 independent boutiquesE-commerce and marketplace
TrussleThe online mortgage adviser, built upon a database of thousands of mortgage productsFintech
Urban MassageBooking massage onlineE-commerce and marketplace
Wolf & BadgerGlobal online marketplace for independent brandsE-commerce and marketplace

Share: