City Pantry today announced that it ranked number 25 in the 2018 Deloitte UK Technology Fast 50, a ranking of the 50 fastest growing technology companies in the UK. Rankings are based on percentage revenue data over the last four years. City Pantry grew 1,140 per cent during this period.
City Pantry’s CEO, Stuart Sunderland, said: "We are honoured to be recognised by the Deloitte UK Technology Fast 50 - achieving 1,140% growth in a competitive industry is something we are incredibly proud of. This accolade is a brilliant achievement for our team and represents some much-deserved recognition for their ongoing commitment, creativity and skill. We look forward to building on this achievement and seeing what 2019 holds for us."
The company, which was founded by Stuart Sunderland in 2013, is transforming the way employees eat by bringing food from exciting local restaurants & caterers direct to offices, covering events, meetings, and team meals. It already serves over 30,000 meals every week to the employees of more than 500 companies, including Google, Amazon, PayPal, Slack, Shell and Unilever.
With new solutions in the pipeline as well as beginning expansion to new markets during over the next year, City Pantry will be working to ensure its continued growth in 2019 and beyond.
Duncan Down, lead partner for the Deloitte UK Technology Fast 50, said: “We are now in our third decade of celebrating the country’s fastest-growing technology companies through the UK Fast 50 awards, and the rate of growth continues to impress. The UK start-up scene is in excellent health, with strong access to talent and funding.”
“What impresses me most is the rate of growth, with the time from establishment to ‘unicorn’status continuing to reduce. I would like to personally congratulate all of the winners and entrants for this year’s awards.”
The Deloitte Technology Fast 50 is one of the UK’s foremost technology award programmes, celebrating innovation and entrepreneurship. Now, in its 21st successful year, it is a ranking of the country’s 50 fastest growing technology companies, driven by leading intellectual property and based on revenue growth over the last four years.