5 of the UK's Top Growth Tech Companies in 2023

Published on
18/05/2023 10:34 AM
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Technology keeps growing at a fast pace, providing us with innovative apps and tools designed to help us deal with daily chores or pressing duties in a smarter, more efficient manner.

The UK’s tech sector, in particular, is paving the way as Europe’s leading ecosystem. During 2022 alone, British tech companies have developed at near-record levels (£24 billion), which is more than France’s and Germany’s growth combined (£11.8bn and £9.1bn, respectively).

Maven Partners, an expert in private equity and business investments, explores some of the country’s most exciting growth tech companies in 2023 – all were included in the 2023 Northern Tech Awards top 100 shortlist, celebrating the tech industry in the north of the UK.

Airtime Rewards

Airtime Rewards, a forward-thinking business that uses real-time purchase data, as well as AI and machine learning technology, to understand why and how people shop. Based on this information, its cost-free app presents customers with the right level of reward, at the right time.

Specifically, Airtime Rewards enables people to earn benefits for their purchases. To do so, it uses a special type of reward currency that can be turned into monetary credit on a shopper’s smartphone account. It can also be converted into credit for additional mobile data.

Airtime Rewards has agreements with the major mobile network companies in the UK, including EE, Vodafone, and O2, and has a strategic partner in Telefonica.

MirrorWeb

Another exciting growth tech company is MirrorWeb, a data-archiving business that allows organisations to capture records of digital communications and content. This includes info for regulatory compliance and dynamic content pulled from websites, social media platforms, emails, and instant messaging.

With the help of MirrorWeb’s tech platform, firms can reduce costs by cutting back on manual processes and storing all records in a format that can be accessed instantly as needed.

The tool already supports a wide range of firms across the private and public sectors, such as Tesco Bank, Zurich Insurance Group, the UK Parliament, and the BBC.

Orka Technology Group

Orka Technology Group is an exciting business that offers a seamless platform for job seekers and employers operating in the private security industry.

The private security sector is a £5bn marketplace that comes with a high turnover percentage. In turn, this makes for an expensive recruitment procedure, as anyone new to the industry is required to go through an in-depth vetting process before they can take on the role.  

Orka Technology Group’s platform, however, allows candidates and recruiters to find each other and chat about available jobs while offering a fully-compliant vetting procedure that is quicker and more cost-effective for both sides.

The 55 Group

Headquartered in Hull, The 55 Group is an attractive business that makes the most of technology and innovation to deliver faster, greener, and more efficient infrastructure.

Specifically, The 55 Group offers effective end-to-end solutions for big enterprises and the public sector, helping them manage demanding construction projects.

It is also worth mentioning that it’s the parent firm for a number of cross-industry businesses, from national framework provider Pagabo to the digital training platform Tequ. With the input of affiliated companies, The 55 Group supplies customers with reliable services in what is a large, profitable sector.

Automated Analytics

Finding fertile land in the world of sales and marketing, Automated Analytics (eSalesHub) has developed an ingenious platform that addresses the gap between online clicks and offline conversions.

The data between online clicks and offline conversions has historically been challenging to quantify. But Automated Analytics’ handy tool allows marketing businesses to bridge the gap, helping drive forward stronger campaigns and nurture better relationships with clients.