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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ABOUT EVENT GENIUS BY FESTICKET
Festicket is the world's largest platform for discovering and booking festival trips. Founded in 2012 by Zack Sabban and Jonathan Younes, the company is backed by a range of investors including Beringea, Edge, Lepe Partners, ProFounders and InMotion Venture and in 2019 completed the acquisition of multi-award winning Leeds (UK) based ticketing and cashless POS platform Event Genius, and the related Ticket Arena consumer website and brand.
The new joint venture, Event Genius by Festicket, creates an end-to-end platform for organisers and fans alike, providing the most complete offering in the live entertainment industry. The platform brings together technology and expertise including POS and cashless payment services, ticketing, accommodation, travel & packages, marketing, data insights & analytics, access control, fan engagement tools and more to plug a gap in the market that no other organisation has addressed to date.
Together, the company works closely with over 4000 official festival and event partners including Coachella, Tomorrowland, BST Hyde Park, Ibiza Rocks, Motion Bristol and Wales Rally GB, serving a growing community of over 5 million customers.
Festicket was named in the FT (Financial Times) 1000 in 2019, is a Tech Nation Future Fifty member and also made Deloitte’s Technology Fast 50 list in 2019. Alongside its London HQ, Festicket has offices in Leeds, San Francisco, Amsterdam, Berlin, Porto and Nantes.