Utelize (Cohort 2.0) recognised in the UK’s 25 Best-Performing, Scale-Up Technology Companies

18 Apr 2023

Published in: Cohort successes

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The awards are an independent ranking of the UK’s best-performing technology scale-ups as defined by Megabuyte’s proprietary Scorecard benchmarking methodology.

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Utelize, BetaDen's Cohort 2.0 alumni, have been recognised in the UK's 25 Best-Performing, Scale-up Technolgoy Companies list by Megabuyte, positioned at number 24.

The awards identify the UK’s 25 best-performing tech scale-ups and, within that universe, individual excellence both within peer groups and overall. Companies are assessed against five financial criteria including size, growth & margins.

INCLUSION CRITERIA

• UK domiciled and headquartered companies

• Private and public companies

• Not a subsidiary of a much larger organisation

• Has not been through very significant M&A recently or other such transformational events

• Revenues of £3m to £10m in last reported year

• Up-to-date profit & loss accounts, or full financials, for three consecutive years