According to the Sunday Times Tech Track, Festicket is in the top 25 Fastest Growing Companies in the UK
Festicket, the world’s largest platform for music festival experiences, has been ranked 21st in the Sunday Times Hiscox Tech Track 100. The league table is an annual ranking of Britain’s private technology, media and telecoms (TMT) companies with the fastest-growing sales.
The 100 companies are ranked according to the compound annual growth rate in sales over the last three years. Previous alumni that are now valued in the billions include Just Eat, Zoopla and Skyscanner.
The ranking comes in the last quarter of a highly profitable year for Festicket and is evidence of the company’s continued strong financial performance. The company has seen an average annual sales growth of +146% since its inception and is on course for another stellar year in 2018.
Zack Sabban, CEO & co-founder at Festicket, comments: “It’s incredible to be recognised again for our growth over the past 3 years by the Sunday Times Tech Track, after ranking highly last year as well. This year has been one of our strongest yet, with new partnerships and markets meaning we’re able to make festival dreams a reality for millions more people around the globe. We are looking forward to adding this ranking to our other recent accolades, such as Tech Nation’s Future Fifty and the TLA’s Createch 100.”
Jonathan Younes, CPO & co-founder at Festicket, adds: “The Festicket platform is constantly evolving to meet customer appetite for festival discovery and seamless booking. New launches in the past year, for example our Festival Finder tool and enhanced payment plan options, have made festival experiences even more accessible and helped sustain our growth.”
Steve McGerr, head of direct commercial at Hiscox Insurance UK, the main sponsor of the ranking, comments: “Tech businesses in London are thriving thanks to the fearlessness and determination of those that run them. We have great admiration for the talented entrepreneurs that make up the companies on this year’s Tech Track 100.”
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Festicket is the world's largest platform for discovering and booking festival experiences.
Festicket provides fans of live music with a unique, hassle-free, and money-saving service to discover and book tickets & packages for their next festival trip. Working closely with festival partners and suppliers, Festicket packages festival tickets with accommodation, travel, and add-ons to ensure that festival-goers’ next live music experience is as simple and enjoyable as possible.
Founded in 2013 by Zack Sabban, Jonathan Younes and Jerome Elfassy, Festicket has quickly grown to be the leading music festival platform with over 1200 music festivals on offer, and a growing community of 2.5m+ festival-goers.
Recently ranked as the UK’s 21st fastest-growing technology company by the Sunday Times Tech Track 100, Festicket has seen an annualized sales rise of +224% since 2015 and is on course for another record year in 2018. Festicket has offices in London (HQ), San Francisco, Amsterdam, Berlin, Porto and Nantes.