First-of-its-kind initiative backed by founders of Bloom & Wild, Charlie Bigham’s, Grenade and former BBC Dragons – championing true entrepreneurship amidst unprecedented economic challenges
- Xalient positioned #19
- The inaugural Growth 100, run by FEBE, recognises and ranks the UK’s fastest growing private businesses with founders still actively involved
- Businesses must have sales between £3m and £200m, trading for at least three years, and have turned an operating profit in the latest financial year
- Ambassadors include founders of Bloom & Wild – Aron Gelbard, Charlie Bigham’s – Charlie Bingham, Grenade – Juliet Barratt and former BBC Dragons Jenny Campbell and Sarah Willingham
Xalient, a rapidly growing, global specialist in networking and cybersecurity proudly announced today that it is part of the inaugural FEBE Growth 100 list, which champion’s Britain’s fastest-growing, founder-led private companies, celebrating true entrepreneurship, with some of the UK’s most impressive founders, inspiring the next generation of business leaders amidst a backdrop of cliché corporate awards.
The FEBE Growth 100, co-founded by Charlotte Quince and John Maffioli, was born out of a desire to reinstate the true meaning of entrepreneurship, by focusing on the founders behind incredible businesses, as well as a frustration with current corporate business awards and lists, which they consider in need of a shake-up. The duo’s aim to reinvigorate the award scene with authenticity and dynamism has culminated in a definitive list which celebrates the incredible achievements of some of the country’s leading entrepreneurs.
Following the COVID pandemic which posed unprecedented economic and emotional challenges for founders across the country, the FEBE Growth 100 recognises and celebrates 100 of the UK’s founders who have led, and continue to drive their businesses, to deliver significant sales revenue and consistent profit.
FEBE Growth 100 businesses must be UK registered, independent, unquoted, and an ultimate parent company, meeting the following criteria:
- Sales between £3m and £200m
- Trading for at least three years
- An operating profit in the latest financial year
- Founder(s) must still be involved
The ultimate ranking of 100 was data-driven, with companies ranked by compound annual growth rate (CAGR) in sales over the last two financial years. Businesses were initially selected by either nominating themselves or through organisations contacting them directly, as well as by accessing publicly available financial information.
Making up the top 10 companies in the 2022 list are: Clear Junction, Passenger Clothing, Tripledot Studios, The Skinny Food Co, Microdot, Lounge Underwear, Sunamp, Bold Security Group, Lucy Locket Loves, and Glencar Construction, with Snag Tights, Ooni, and Huel making appearances in the wider list. The full ranking can be viewed at www.febe.com.
In addition to the main list of 100, FEBE’s Watch List sits alongside the Growth 100 to celebrate incredible businesses that don’t yet meet the minimum criteria, but are on a mission, achieving great things and deserve to be celebrated. Companies that made the Watch List this year include: Boxcutters, Dear Frances, Dock & Bay, Elvie, Fabulosa, Lick, LoveRaw, LS Productions, Magic Light Pictures and Meatless Farm.
Commenting on the launch of the FEBE Growth 100, founder Charlotte Quince said: “Our vision is to create something unlike anything else out there. We are building the greatest entrepreneurial celebration on Earth and a club that everyone wants to be part of and the Growth 100 is an integral part of that. So many people think that business founders just ‘get lucky’ or think of an idea one day and are successful the next. But we know that the journey to success is anything but smooth. The Growth 100 will celebrate those who have embraced the entrepreneurial roller coaster and who are now thriving as some of the fastest growing brands in the country.”
FEBE Growth 100 ambassador, Jenny Campbell added: “I’m very proud to be part of something that celebrates and supports the very best British entrepreneurs and their companies. FEBE Growth 100 focuses on true entrepreneurialism. Founders are unique: their experiences, their vision and their resilience are unlike anything else. So, we want to celebrate these ‘dare to doers’ and shine a light on the incredible accomplishments of some of the finest and fastest-growing companies in the country.”
Xalient CEO and Founder, Sherry Vaswani, who has already been named as one of 10 Most Impactful Women in Technology 2021 by Analytics Insight, comments: “We are extremely proud to be recognised by FEBE and to be positioned 19th in the list. When I started the business six years ago, having spotted a gap in the networking technology space, I didn’t expect the company to accelerate so quickly and to have global brands and household names such as Kellogg’s, Keurig Dr Pepper and WPP among our customers. This has been a real team journey and we wouldn’t be in this position today, if it wasn’t for our people – and of course our wonderful customers – thank you.”
This accolade also comes on the back of recent recognition by Dun & Bradstreet who named Xalient the sixth-fastest-growing Technology Company in the UK and serves as further evidence that Xalient continues to accelerate at pace.