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Business

Six Cork businesses are among the fastest growing tech companies in Ireland

By Yay Cork November 30, 2022November 30, 2022

This year’s Top 50 features companies from every province.

But six Cork companies have emerged as some of the fastest-growing technology companies in this year’s Deloitte Technology Fast 50 Technology Awards.

Cork-based visual AI platform Everseen, software development company Zartis, intelligent sourcing automation company Keelvar, Managed Detection & Response company Smarttech247, automated call testing company Spearline and digital commerce experts StudioForty9 all secured spots in the ranking for one of Ireland’s foremost technology award programmes.

The list is based on revenue growth over a four-year period, and this year marks 23 years of the programme celebrating innovation and entrepreneurship in Ireland’s indigenous technology sector.

David Shanahan, Partner, Deloitte, Kasia Tati, Partnerships Director, Eddie McDaid, COO, Patrick L’Elbraly, Chief of Staff, Keelvar. Picture Jason Clarke

Same-day grocery delivery company, buymie, emerged as the fastest-growing technology company overall. The company has a network of over 400 personal shoppers that deliver groceries from Lidl, Dunnes Stores and Woodies in Ireland in as little as one hour.

Cumulatively, the 2022 Fast 50 winners generated approximately €500m in total annual revenues and employed over 5,500 people in 2021.

The average revenue of companies featured in the ranking was approximately €10 million, while the average growth rate of the companies over the last four years was 594%. The awards programme also saw 17 new entrants appearing on the ranking for the first time, seven of which were in the top 10.

There was also an increase in the number of female CEOs in the ranking with seven organisations led by females.

Tags: start-ups
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