Every year, the consulting firm Deloitte honors the fastest-growing technology companies in Germany with the Technology Fast 50 Award. The assessment criterion is the average percentage growth in sales over the last four fiscal years. In 2022, third place went to Nect, while three other startups from Hamburg made it into the top 50 as well.
The award ceremony, which recently took place in Berlin, was the twentieth edition of the Technology Fast 50 Award in Germany. Startups from the fields of biotechnology & pharmaceuticals, energy technology, communications, digital content, media & entertainment, hardware, medical technology, software and fintech are eligible to participate. Candidates must have generated at least 50,000 euros in revenue in 2018 and at least one million euros in 2021. Just under half of the award-winning companies can be assigned to the software division. This also applies to IoT Venture from Darmstadt (1st place), Climedo from Munich (2nd place) and Nect from Hamburg (3rd place).
For Nect, Deloitte calculated an average revenue growth for the last four years of an astonishing 4,577.75%. This was achieved with an app for fully automated online identification, such as those offered by banks, insurance companies and telecommunications companies. Appinio also made it into the top 10 (9th). The Hamburg-based startup has already received numerous awards for its digitalization of market research and was also nominated for the German Founders' Prize in 2022.
Hamburg's good performance in the Technology Fast 50 Award was rounded off by quantilope (24th place) and Nitrobox (36th place). quantilope qualified for the Top 50 for the fourth time in a row, also with digital solutions for market research. Nitrobox offers a billing and monetization platform and thus appeals to startups as well as large companies.