Technology

Buymie tops Deloitte Technology Fast 50 ranking

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.”

Tecnolohy Fast 50
Buymie

Tecnolohy Fast 50
Buymie

Fintech company Swoop’s CEO and founder Andrea Reynolds wins the Advocate for Women in Technology Award in association with Indeed at the Deloitte 2022 Technology Fast 50 Awards. Picture Jason Clarke

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 AwardMCO (MyComplianceOffice)

Innovative New Technology AwardThinscale

Impact AwardTEKenable

Alumni AwardTransferMate

Full details on the winners can be found here.

Fast 50 Ranking 2022

Ranking Company County
1 Buymie Dublin
2 Mail Metrics Dublin
3 Reitigh Software Dublin
4 Swoop Dublin
5 Kneat Solutions Limerick
6 ID-Pal Dublin
7 CR Payroll Solutions Kilkenny
8 Buymedia Galway
9 Eppione Holdings Dublin
10 Core Optimisation Clare
11 Lightyear Antrim
12 Everseen Cork
13 Ekco Dublin
14 SciLeads Antrim
15 TestReach Dublin
16 ThinScale Technology Dublin
17 Zenotec Galway
18 Locate a Locum Antrim
19 PepTalk Dublin
20 ETU Dublin
21 Nutritics Dublin
22 Siren Galway
23 Medihive Dublin
24 TEKenable Dublin
25 WorkPal Antrim
26 Totalmobile Antrim
27 Zartis Cork
28 Keelvar Cork
29 MyComplianceOffice Dublin
30 DigitalWell Dublin
31 LearnUpon Dublin
32 Foods Connected Derry
33 CWSI Dublin
34 SynergySuite Dublin
35 Smarttech247 Cork
36 Xtremepush Dublin
37 Code Institute Dublin
38 Webio Dublin
39 Datactics Antrim
40 Conjura Ireland Dublin
41 Axonista Dublin
42 T-Pro Dublin
43 Spearline Cork
44 AquaQ Analytics Antrim
45 TitanHQ Galway
46 StudioForty9 Cork
47 Fibrus Networks Antrim
48 Impedans Dublin
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

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