Same day grocery delivery company Buymie has emerged as the fastest growing technology company in this year’s Deloitte Technology Fast 50 ranking.
The company has a network of over 400 personal shoppers that deliver groceries from Lidl, Dunnes Stores and Woodies in Ireland and expanded to the UK earlier this year in partnership with Asda.
Buymie uses technology to bundle orders and routes to minimise both time and carbon impact and has seen growth of 6,900% in the last four years.
The Fast 50 ranks technology companies based on revenue growth over a four-year period, and has been in place for 23 years.
Devan Hughes, CEO and co-founder of Buymie, commented: “When we founded Buymie and I hit the road as the first personal shopper, we knew the potential to augment the grocery industry with technology.
“To be now ranked as Ireland’s fastest-growing technology company is a testament to the incredibly hard work of our team and personal shoppers across Ireland, Armenia and the UK to build a highly scalable infrastructure.
“Gratitude is also due to our visionary retail partners Dunnes Stores, Lidl, and Asda, that have been on this journey with us and have played a huge part in our sustainable growth and helping us develop and trial new offerings.”
Mail Metrics, which was 14th in the 2021 ranking moved up to second place in 2022.
Its platform enables financial services companies to migrate migrating customer correspondence to digital channels, thereby reducing postal communications.
The top ten featured seven new entrants to the ranking, among them third placed Reitigh Software, which enables leading global financial services organisations to solve complex administration challenges.
Fintech company Swoop placed fourth and CEO and founder Andrea Reynolds was awarded the Advocate for Women in Technology award.
Swoop is a global platform supporting SMEs by bringing their business data into one place to garner insights and be matched to eligible finance, as well as assess their spending on cost categories such as energy, banking and FX.
Cumulatively, the 2022 Fast 50 winners generated c.€500m in total annual revenue and employed over 5,500 people in 2021, while the average growth rate of the companies over the last four years was 590%.
The awards programme also sees 17 entrants appear on the ranking for the first time.
Deloitte partner David Shanahan commented: “As the business environment becomes more complex, the Irish technology sector has shown great resilience and tenacity. This year’s ranking shows growth across a broad range of sectors with companies coming up with innovative solutions to address changing consumer and business demands.
“It’s also encouraging to see so many new entrants, including seven in the top ten. Despite the challenges of late, the Irish indigenous tech sector continues to succeed.”
The Deloitte Technology Fast 50 awards 2022 included a number of award categories:
Scale Up Award – MCO (MyComplianceOffice)
Innovative New Technology Award – Thinscale
Impact Award – TEKenable
Alumni Award – TransferMate
Full details on the winners can be found here.
Fast 50 Ranking 2022
|7||CR Payroll Solutions||Kilkenny|
|18||Locate a Locum||Antrim|
|49||EVAD Technology Group Limited||Dublin|
|50||Snigel Web Services||Dublin|
Image: Devan Hughes, CEO and Co-Founder buymein and David Shanahan, Partner, Deloitte. Picture Jason Clarke