121 UK Startups to Watch in 2020

UK's tech sector is booming. This year’s list of the best 121 UK tech startups is an eclectic mix of hyper-growth scaleups, small creative startups and everything in between.

Last update: January 17, 2020

UK 10+ employees Fast-growing

European tech moves fast

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Curve

Curve is an Over The Top banking platform that consolidates all bank cards into a single smart card and app.

London   101-250   $74,195,357  

Rapyd

Rapyd is a platform creating a cardless financial network.

London   101-250   $150,000,000  

Monzo

Monzo is a London-based digital-only bank platform.

London   251-500   $417,342,054  

TransferWise

TransferWise is a money transfer service allowing private individuals and businesses to send money abroad without hidden charges.

London   1001-5000   $772,682,792  

eToro

eToro is a social trading and investment marketplace that allows users to trade currencies, commodities, indices, and stocks.

London   501-1000   $222,700,000  

The Hut Group

The Hut Group is an online retailing platform focused on fast moving consumer goods, specifically focused on health and beauty.

Manchester   1001-5000   $2,826,614,756  

Funding Circle

Funding Circle is a lending platform for small businesses.

London   501-1000   $422,922,517  

Cazoo

Cazoo is a platform that enables consumers to buy and rental car online.

London   11-50   $68,415,501  

GoCardless

GoCardless is a payment company that makes collecting payments by direct debit easy for everyone.

London   101-250   $122,300,000  

Babylon Health

Babylon Health aims to provide accessible, affordable healthcare by combining AI with doctors.

London   1001-5000   $635,313,243  

Seedrs

Seedrs is a UK-based equity crowdfunding platform.

London   101-250   $71,333,623  

IHS Markit

IHS provides information and analysis to support the decision-making process of businesses and governments in industries.

London   10001   $250,000,000  

Onfido

Onfido's AI-based identity verification assesses whether a user’s ID is genuine, then compares it against their facial biometrics.

London   251-500   $110,175,000  

CloudFactory

CloudFactory is a distributed workforce company for automating business processes.

Reading   251-500   $13,000,000  

Farfetch

Farfetch is an online luxury fashion retail platform.

London   1001-5000   $701,500,000  

Draper Esprit

Draper Esprit is a Pan-European venture capital fund that invests into disruptive tech companies at the early and growth stages.

London   11-50   $63,273,839  

TradingView

TradingView is the largest network of self-directed traders and investors with an advanced financial platform.

London   101-250   $40,752,500  

Medopad

Medopad is a British healthcare technology company that delivers better and more personalized care.

London   101-250   $54,000,000  

Ebury

Ebury is a financial services company designed to empower small and medium-sized businesses that want to trade internationally.

London   501-1000   $570,403,724  

OakNorth

The next-generation credit platform that's redefining lending to lower mid-market businesses globally

London   501-1000   $1,041,034,144  

WorldRemit

WorldRemit is a money transfer service that helps migrants send money to their loved ones all over the world.

London   501-1000   $407,655,000  

Patch

Patch is the direct-to-consumer brand for the people who need plants most – those who live and work in the city

London   11-50   $10,232,941  

Spectral Edge

Spectral Edge combines patented Image Fusion tech with Deep Learning to reveal more of the color, detail and clarity in any image.

Cambridge   11-50   $8,093,474  

OneWeb

OneWeb is building a space-based global communications network that will deliver high-speed, low latency internet access everywhere.

London   251-500   $2,950,000,000  

Immersive Labs

Immersive Labs is an on-demand cyber skills platform that rewards critical thinking, problem solving, and curiosity.

Bristol   51-100   $48,018,243  

Mimecast

Mimecast is a SaaS-based email management platform enabling companies to administer business communications and data.

London   1001-5000   $90,244,477  

Greensill Capital

Greensill Capital is a provider of structured working capital financing to businesses globally.

London   251-500   $1,705,000,000  

Echo

Simplifying pharmacy, helping everyone get the medicine they need.

London   51-100   $11,531,830  

SumUp

SumUp is a financial technology company that enables businesses to accept card payments at the Point-of-Sale or on the go.

London   1001-5000   $425,559,328  

Darktrace

Darktrace is an artificial intelligence company for cyber security.

Cambridge   501-1000   $230,500,000  

Improbable

Improbable is a games technology company based in the UK.

London   251-500   $604,094,860  

Secret Escapes

Secret Escapes is a members-only travel club offering discounted rates on luxury hotels and holidays in the UK.

London   501-1000   $249,161,845  

Cleo

Cleo is an artificial intelligence startup that offers an intelligent assistant to help users in managing their finances.

London   11-50   $13,322,899  

Tide

Tide is a fintech and banking company that gives time back to business owners, so they can get back to doing what they love.

London   101-250   $95,236,961  

Signal AI

Signal AI is an artificial intelligence company that transforms the world’s information into accessible, actionable business knowledge.

London   101-250   $51,600,000  

LendInvest

LendInvest operates an online marketplace for property lending and investing.

London   251-500   $992,974,209  

Citymapper

Citymapper is a public transit app and mapping service with an emphasis on public transport.

London   11-50   $50,000,000  

Graphcore

Graphcore is a semiconductor company that develops accelerators for AI and machine learning.

Bristol   101-250   $310,000,000  

Blockchain

Blockchain is a web-based bitcoin platform.

London   11-50   $70,000,000  

Pollen

Pollen is an invite-only marketplace, using influencer marketing for experiences and events.

London   251-500   $88,500,000  

Wefarm

Wefarm is the world’s largest farmer-to-farmer digital network that enables farmers to share information via SMS, without the internet.

London   51-100   $20,891,093  

TrueLayer

TrueLayer provides a platform to build financial apps that connect to bank data, verify accounts, and access transactions in real time.

London   11-50   $46,800,000  

Healx

Healx is an AI-powered and patient-inspired technology company, accelerating the discovery and development of rare disease treatments

Cambridge   11-50   $67,909,854  

Depop

Depop provides a mobile application that allows users to buy, sell, discover, and explore various things.

London   101-250   $105,630,906  

IMMOtion Group

IMMO helps sell, rent & invest into residential real estate, thereby opening up a new asset class for investors.

London   11-50   $12,164,669  

Currencycloud

Currencycloud is a global payment platform that serves businesses by providing technologies that makes payments frictionless.

London   101-250   $80,179,091  

Zego

Zego is a global insurtech business providing flexible commercial insurance for businesses and professionals.

London   101-250   $51,738,890  

Sofar Sounds

Sofar Sounds is a global community hosting curated, secret performances in more than 400 cities around the world.

London   51-100   $38,100,000  

Nutmeg

Nutmeg is an online investment service that specializes in investments, ISAs and pensions.

London   101-250   $153,552,363  

Tessian

Tessian is building the first Human Layer Security platform to protect people using email.

London   101-250   $58,652,436  

Soldo

Soldo is a multi-user expense account helping companies manage their budgets.

London   51-100   $83,200,000  

Checkout

Checkout helps companies accept more payments around the world through one integration.

London   501-1000   $230,000,000  

Abcam

Abcam is a producer and distributor of high quality research-grade antibodies and associated proteomics research products.

Cambridge   251-500   $335,736,300  

Elvie

Elvie is a British femtech company developing smarter technology for women.

London   51-100   $53,844,993  

Blue Prism Group

Blue Prism develops robotic process automation software and transforms the core business processes to drive innovation.

London   101-250   $60,713,240  

Receipt Bank

Receipt Bank is a paperless bookkeeping platform connecting accountants, bookkeepers and businesses.

London   251-500   $65,000,000  

COMPASS

COMPASS Pathways is a life sciences company dedicated to accelerating patient access to evidence-based innovation in mental health.

London   11-50   $37,633,220  

Telegram Messenger

Telegram is a cloud-based mobile and desktop messaging app with a focus on privacy, security, and speed.

London   11-50   $1,700,000,000  

Deliveroo

Deliveroo owns and operates an online food delivery platform in the United Kingdom.

London   1001-5000   $1,531,597,403  

Inmarsat

Inmarsat is the world's provider of global mobile satellite communications.

London   1001-5000   $1,750,000,000  

Chain

Chain is a secure mobile communication platform for professionals.

Belfast   11-50    

Culture Trip

Culture Trip is a global tech startup that inspires people to explore the world’s culture and creativity.

London   101-250   $102,000,000  

Loop

Loop Email brings teamwork and messaging to your email inbox

Bristol   11-50   $6,903,859  

Huddle

Huddle is the enterprise document collaboration company that helps organizations across the globe to collaborate intelligently.

London   101-250   $89,200,000  

Festicket

Festicket is a marketplace to discover and book music festival tickets, accommodation, transfers and extras.

London   101-250   $30,277,382  

Revolut

Revolut is a digital banking alternative for instant payment notifications: free international money transfers and global fee-free spending.

London   1001-5000   $336,945,269  

Revolut

Revolut is a digital banking alternative for instant payment notifications: free international money transfers and global fee-free spending.

London   1001-5000   $336,945,269  

FaceIT

FaceIT is the gaming platform for professional competitions within online multiplayer video games.

London   101-250   $29,000,000  

Perkbox

Perkbox is UK's leading employee and customer engagement platform.

London   251-500   $29,680,531  

Gousto

Gousto is an online meal-kit manufacturer and retailer, using AI and automation to provide extensive choice and personalisation.

London   251-500   $137,678,825  

TransferGo

TransferGo offers digital international money transfers for migrants and businesses.

London   11-50   $54,390,217  

Lightsource Renewable Energy

Lightsource is a provider of ground and rooftop solar installations in the UK.

London   251-500   $534,448,873  

OVO Energy

OVO Energy is an independent energy technology company and supplier.

Bristol   1001-5000   $323,637,027  

Habito

Habito is the UK's digital mortgage broker, using technology to bring the mortgage-application process into the 21st century.

London   101-250   $36,781,467  

Carwow

Carwow helps efficiently connect car buyers to car dealers and makes buying a car easy and enjoyable.

London   251-500   $102,815,911  

Thought Machine

Thought Machine are building Vault, a next-generation core banking system for banks.

London   51-100   $23,631,009  

Yoyo Wallet

Yoyo Wallet is a mobile payment, loyalty and marketing platform.

London   51-100   $60,268,457  

MADE

Made.com is an online e-commerce platform directly providing designer furniture without third party involvement.

London   251-500   $136,858,740  

iwoca

iwoca offers finance for businesses for various purposes ranging from bridging short-term cashflow gaps to investing in stock opportunities.

London   251-500   $364,798,483  

Chip Financial

Chip an automatic savings app that does all the hard work to make saving money as easy as spending it.

London   11-50   $15,361,047  

ComplyAdvantage

ComplyAdvantage helps firms make intelligent risk decisions, faster by providing real-time insight into the risk of people and companies.

London   251-500   $38,200,000  

Ring

Ring is a European brand in vehicle lighting, auto electrics, workshop tools and auto accessories.

Leeds   501-1000    

Access Alto

Leading cloud hosting provider offering Public, Private and Hybrid Cloud solutions on VMware and Openstack.

Brighton   1001-5000   $80,252,570  

Blippar

Blippar is a technology company specializing in augmented reality, artificial intelligence and computer vision.

London   51-100   $131,696,751  

Brandwatch

Brandwatch is a social intelligence group offering marketers a portfolio of social and content marketing technologies.

Brighton   251-500   $64,739,337  

Bulb

Bulb provides affordable renewable energy for homes and businesses.

London   101-250   $80,661,885  

Trussle

Trussle is a free online mortgage broker that works with much needed transparency.

London   51-100   $25,849,125  

Tractable

Tractable develops artificial intelligence for accident and disaster recovery.

London   51-100   $34,900,000  

Everledger

Everledger provides an immutable ledger for diamond and other asset ownership and related supply chain history.

London   51-100   $30,400,000  

Moneyfarm

Moneyfarm is a digital wealth manager that offers advice and investments.

London   101-250   $127,267,520  

MarketInvoice

MarketInvoice is a fintech firm providing business finance solutions that help companies grow.

London     $62,727,448  

LabGenius

Harnessing the power of machine learning to create better protein therapeutics.

London   11-50   $13,660,000  

ClauseMatch

ClauseMatch is a financial technology company that provides software-as-a-service platform for smart document management.

London   101-250   $9,274,186  

SyndicateRoom

SyndicateRoom connects ambitious investors with the country’s most trailblazing companies.

Cambridge   11-50   $22,802,765  

IP Group Plc

IP Group is a IP commercialisation company specialising in evolving great ideas into world-changing businesses.

London   101-250   $30,000,000  

Cocoon

Cocoon is a home security device to protect one's home.

Leeds   1-10   $7,105,259  

PROWLER.io

PROWLER.io is an AI/machine learning platform for building autonomous agents for games and decision-support simulations.

Cambridge   101-250   $38,944,882  

Glassbox

Glassbox is adisruptive provider of ‘instant replay’ digital customer experience solutions for both the web and mobile.

London   11-50   $35,500,000  

ClearBank

ClearBank is the UK’s first new clearing bank in more than 250 years.

London     $78,318,041  

FiveAI

FiveAI provides software for safe and cost effective urban mobility in public transport and solution to complex urban environments.

Cambridge   51-100   $37,700,000  

Cervest

Cervest is building an AI-first platform to help businesses, governments and growers adapt to climate volatility, and protect our planet.

London   11-50   $5,824,407  

Bitstamp

Bitstamp allows companies and individuals from all around the world to buy and sell bitcoin, litecoin, ethereum, ripple, and bitcoin cash.

London   101-250   $12,400,000  

Immotion Group

Immotion combine award-winning animation & multi-directional motion platforms to deliver immersive VR solutions for visitor attractions.

Manchester   101-250   $9,638,264  

SenSat

SenSat simulates reality in real time, which helps computers solve real world problems.

London   51-100   $15,046,951  

Augmentum Fintech

Augmentum Fintech is a venture capital fund with a focus in fast growing and/or high potential FinTech companies in the UK and Europe.

London   1-10   $33,460,888  

Divido

Divido is a global white label consumer lending platform for financial institutions and multinational retailers.

London   51-100   $18,979,930  

FundamentalVR

FundamentalVR delivers VR haptic 'flight simulators' for surgery creating a safe, measurable & repeatable space to refine to refine skills.

London   11-50   $9,555,728  

Featurespace

Featurespace is a provider of adaptive behavioral analytics technology for fraud and risk management in financial services & gaming.

Cambridge   101-250   $71,213,886  

Keyless

Keyless enables enterprise to make data privacy and security the rule rather than the exception.

London   11-50   $2,500,000  

Moneybox

Moneybox is a mobile savings and investment app that enables users to round up their digital spare change into a Stocks & Shares ISA.

London   11-50   $23,304,203  

Kheiron

Kheiron develops and builds tools to help radiologists with the early detection of breast cancer.

London   11-50   $22,095,172  

Push Doctor

Same day appointments with the UK's number one online doctor. Talk face-to-face with an NHS-trained GP on your mobile, tablet or laptop.

Manchester   51-100   $37,500,000  

Disperse

Disperse.io is a VC-backed artificial intelligence construction startup focused on improving on-site productivity.

London   11-50   $16,688,835  

Brightpearl

Brightpearl is the omnichannel retail management system that puts your orders, inventory, financials, POS and CRM in one place.

Bristol   51-100   $54,500,000  

Starling Bank

Starling Bank provides a mobile banking application and a debit card that enable users to manage their finances.

London   501-1000   $349,535,281  

Impala

Impala allows products to connect to hotel systems using a well-documented JSON API.

London   1-10   $12,750,000  

Getronics

The Getronics family is an ICT Services group consisting of the Getronics and Connectis brands.

Reading   5001-10000   $550,000,000  

Hummingbird Technologies

Hummingbird is a drone and satellite enabled imagery analytics business for precision agriculture.

London   11-50   $17,616,561  

Peak

Peak is the pioneer of the AI System, a new enterprise technology that helps businesses grow using AI and machine learning.

Manchester   51-100   $5,906,902  

XR Games

XR Games makes both console and mobile Virtual and Augmented Reality (VR/AR) games for world famous Intellectual Properties.

Leeds   11-50   $2,600,000  

Speechmatics

Speechmatics provides automatic speech recognition technologies that can be used anywhere, by anyone, in any language.

Cambridge   11-50   $8,236,954  

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