The mature British startup ecosystem and availability of capital helps support multiple local startups to expand nationally and fuel their development across the world. While 2020 may not have felt like an obvious year in which to launch a new business, the U.K.’s entrepreneurial spirit appears to be undiminished. 0. Arrival and Revolut top the 2020 LinkedIn Top Startups list, a data-driven ranking of UK companies that are generating interest and recruiting top talent – even amidst the upheaval of the pandemic. We won't share your details. Top Startup Ecosystems in 2020: Ranking 1,000 Cities and 100 Countries. Industry: Financial Services – Total funding: $474.8 Million. Tweet on Twitter. Though the number of startups that operate through technology is clearly overwhelming, many of these companies are also operating in the financial sector, a traditional specialty of the UK’s economy. So to help you keep track of some of the players and shakers here’s a list of some of the top startup companies in London and across the UK’s mainland to keep an eye on in 2020. Darktrace is a cybersecurity company that relies upon artificial intelligence. Top UK Startups in 2020. 6. Meet the Top 100 Startups from across the globe who are vying for the title of Startup of the Year! Relying on machine learning, credit expertise, and big data, OakNorth allows banks and other financial institutions to work more efficiently and reduce risks. The world is hyped about FinTech. Headcount: 127 | Headquarters: London | Year founded: 2016 | Most common skills: Banking, Financial Services, Software Development | Largest job functions: Engineering, Arts and Design, Product Management | What you should know: Describing itself as a "challenger consultancy", 11:FS helps some of the world's biggest banks overhaul and improve their systems and services. In fact, Starling has hired around 150 people (net) since the start of lockdown. Industry: Commerce and Shopping – Total funding: $3.9 Billion. Prodigy Finance is a digital platform specialized in loans to international postgraduate students and refinancing. Headcount: 1,150 | Headquarters: London | Year founded: 2015 | Most common skills: Engineering, Automotive, Manufacturing | Largest job functions: Engineering, Operations, Arts and Design | What you should know: Electric vehicle startup Arrival builds its buses, vans, taxis, delivery robots and more at specialist 'microfactories’. Grace Health is a Swedish period and fertility tracker for women in emerging markets. The top 10 companies in Startups.co.uk’s Annual Startups 100 are: Bulb. To give you a quick overview of the largest startups from the UK in 2020, here is a synthesizing image regrouping the information of the top 10. These startups are taking a variety of approaches to innovating inside of the UK and around the world. Or, you may want to land a job at one of these companies now. Granting access to higher education, Prodigy Finance provides loans to students of more than 150 nationalities, funded by a community of alumni, institutional investors, and private investors. Top 30 UK SaaS Companies to Watch in 2020 By zsah | 5 Despite the global economic slowdown due to fears of coronavirus pandemic, the UK continues to reign as the top tech hub in Europe – and UK SaaS companies are contributing significantly to the thriving hive of innovation and activity that continues to attract investment from far and wide. Contents. In which case, take a look at who you might know at the company, see what jobs are open or find out the common skills among their workforce. With tens of thousands of previously unknown threats identified, Darktrace uses self-learning algorithms to detect and respond to cyber threats in cloud networks and virtualized networks, IoT and industrial control systems. Available to senders in 50 countries, WorldRemit can manage money transfers to 140+ destinations across Europe, Asia, Africa, Australia, and the Americas. To be eligible, companies must be seven years old or younger, have at least 50 employees, be privately held and headquartered in the UK. If you’d like to catch up on other startups to watch: Top 10 Indian Startups to Watch; Top 10 Chinese Startups to Watch; Top 10 Israeli Startups to Watch; Top 10 African Startups to Watch The startup has felt the negative effects of the pandemic, which led it to furlough some staff and make a round of redundancies. Industry: Information Technology – Total funding: £4.9 Billion. Handling the entire payment process, Checkout.com works with more than 150 currencies and all international cards to provide merchants with one integrated platform that optimizes their payments, increases their revenues and fits their particular requirements. Targeted to heavy smartphone users, Monzo provides mobile banking services to manage money and payments and help its customers move their financial lives beyond traditional banking, cheques, and visits to a banking agency. Startups who have laid off 20% or more of their workforce within the methodology time frame are also ineligible. This article showcases Startup Pill’s top picks for the best British startups. February 14, 2020 Startups. Founded in the United Kingdom in 2007, eToro has also opened offices in Cyprus and Israel. It allows users to make payments, send money and manage their savings both for personal banking and business banking. These startups made notable strides in 2019, either by gaining the backing of notable investors, inking partnerships with key players, or expanding their client base, and their momentum is expected to continue in 2020 and onward. October 6, 2020 November 25, 2020 Data. LegalTech. With each passing day, we are inching towards an AI-first world, and this is a great time for tech startups to make their mark. Especially involved in the sequencing of DNA and RNA, it finds applications for biological research, including human genomics, cancer research, microbiology, plant science and environmental research in more than 80 countries. Use this as a resource to connect to opportunity. It has recently added a digital women’s health clinic to it. WorldRemit is specialized in money transfers. Industry: Artificial Intelligence – Total funding: $460 Million. (New on our 2020 list… see our 2019 femtech list here.) The firm did raise a £60m top-up funding round in June and is currently rolling out new paid-for products and fees on its existing offerings. It provides a number of banking and financial services through its digital platform, including pre-paid debit cards, currency exchange, and peer-to-peer payments. Industry: Food and Beverage – Total funding: $373.9 Million. Industry: Information Technology – Total funding: $850 Million. It allows customers to pay and withdraw money in more than 120 currencies, including 26 directly from its mobile app. 14 Jan 2021 | Ryley Charlwood. The latest data on startup … 0. As we enter a new decade of possibilities, Startups spotlights 12 hot business trends for 2020, including non-alcoholic fun, urban farming, and CBD. On top of that, a number of startups that Computer Weekly spoke to were focused on building tools that could help people maintain and exercise their privacy online. 70 Best Startups You Need to Watch Out for in 2020. Ovo Energy is an energy technology company and supplier aiming at making energy cheaper, greener, and simpler. Category: Business funding & investment, Scaleups, Tech & innovation. The Startups 100 2020 Headcounts are provided by the companies directly. Required fields are marked *. Let us know in the comments below! Another win for Molo in our growth journey to change the mortgage experience to better. Founded in 1998, Global Switch has steadily grown and raised capital to become one of the world’s largest data center operators, involved in large scale network dense, carrier and cloud-neutral multi-tenanted data centers. Your email address will not be published. If you continue to use this site we will assume that you are happy with it. Headcount: 98 | Headquarters: London | Year founded: 2015 | Most common skills: Market Research, Data Analysis, Finance | Largest job functions: Business Development, Information Technology, Sales | What you should know: Market research firm Streetbees has a community of over 2.5m research participants – or ‘bees’ – across more than 150 countries. OakNorth provides credit analysis and monitoring solutions to credit institutions that lend to small and medium-sized businesses. Published Thu, Sep 24 2020 1:00 AM EDT Updated Thu, Sep 24 2020 3:54 … Industry: Telecommunications – Total funding: $584.5 Million. With an advanced, diversified economy and technologically-savvy people, the UK is home to many startups and tech companies. Emerging Wealthtech. Oxford Nanopore Technologies Limited is a company specialized in nanopore sequencing products for the analysis of molecules. 1. It operates more than 100 websites globally selling premium and non-perishable beauty, wellness, luxury, and lifestyle goods. Highlights from this year: Beyond Pricing raised $42.5 million for revenue management software tackling the short-term rental industry. Having created a new processor named the Intelligence Processing Unit, Graphcore products allow AI developers and researchers to run machine learning models much faster than previous hardware generations. The Somerset firm currently has 13 stores across the UK, with five more scheduled to open before the end of the year. *Company insights were sourced from LinkedIn Talent Insights. Thank to its programming platform, Improbable can run multiple servers in the cloud enabling it to simulate larger and more complex virtual worlds. It relies on a mobile app, artificial intelligence, and medical experts to provide accessible and affordable, personalized health assessments, treatment advice and face-to-face appointments with a doctor 24/7. With the UK continuing to lead the European fintech landscape, we look today at 9 UK fintech startups to keep a close eye on this year. Deliveroo is a company specialized in delivering restaurant meals to the household or office. Strong financials are up there of course, as well [...] In 2020. Top 10 thriving UK tech companies in 2020. by Editorial team. BGL Group is a provider of insurance and household financial products. Starling Bank also proposes accounts in Euros as well as joint accounts for couples. It provides customers, individuals, and businesses, an alternative to traditional means of international money transfers at a lower cost thanks to their digital platform and fee structure than undercuts standard bank fees. Despite these setbacks, the company has continued to roll out new features and product offerings, such as a utilities price comparison tool, and it recently launched in Japan. Attraction of top talent measures how many employees the startup has recruited away from any global LinkedIn Top Company, as a percentage of the startup’s total workforce. Edward … Industry: Energy – Total funding: £247 Million. Monzo is a digital bank. Share on Facebook . Top Fitness Startups in the UK (2020 Update) General Fitness; Looking for the best fitness startups in the UK? Follow @Cloudways. It has been a year of upheaval as the Covid-19 pandemic swept across the globe, upending both business and personal plans. Employment growth is measured as percentage headcount increase over methodology time frame, which must be a minimum of 15%. It empowers software-driven businesses with developer-first tooling and security depth to build security into their continuous development process.