In a fantastic start to 2025, we are delighted to have been ranked in The Sunday Times 100 Tech, a list of Britain’s fastest-growing private tech companies.
The list measures Britain’s private tech companies on the growth in their annual revenues, measured over three years. Storfund has clocked in at number 41, with an average annual growth rate of 85%, over the past three years.
Unlike 90% of companies in the list, Storfund has secured this growth with no investment from venture capital. This is due to our founders’ ethos; to set up a solid business from the ground up, and not be reliant on funding rounds.
Racing ahead despite slow economic growth
In the 100 Tech report, The Sunday Times praised tech companies for defying Britain’s poor economic growth – pointing out that the firms collectively generated revenues of £3.2 billion in their latest year of trading, an increase of £2.6 billion compared with what they achieved three years ago.
Software companies, which make up 50% of the list, recorded an impressive average yearly growth of 156%, while the hardware companies recorded 87% average growth, demonstrating the greater barriers to growth which come with physical manufacturing.
In addition, over the past three years the 100 companies created 11,200 new jobs, taking their combined workforce to 20,700 people. This shows hiring is still growing at pace, with over 4,000 new jobs planned for the next 12 months.
The 100 list is split into two separate tables: 1. Software companies (such as financial, insurance and AI services), and 2. Those selling their own hardware (such as batteries, electric-vehicle charging, robots and sensors), plus other technology companies (such as life sciences).
You can read the full report at thetimes.com/100tech.
Storfund, a global fintech which provides financing to sellers on over 40 marketplaces worldwide, was founded in London 2018. Read more about our story.
