Buymie bags title of Ireland’s fastest-growing tech business

There ended up numerous new entrants this year in Deloitte’s annual position of Ireland’s speediest-expanding tech providers.

Buymie, the Dublin start-up specialising in same-day grocery supply, has taken the prime spot in the 2022 Deloitte Know-how Quickly 50 awards.

The once-a-year awards rank the 50 fastest-expanding engineering providers on the island of Ireland centered on revenue progress about the last four decades.

Buymie has created an application that allows people have groceries picked and packed by a own shopper, and sent on the identical day and in as minimal as 1 hour. It has struck partnerships with merchants this kind of as Dunnes Outlets, Lidl and Asda in the Uk.

The get started-up has experienced a robust 12 months, boosting €7m in May perhaps to enable with progress programs and a short while ago growing past groceries.

“Buymie realized the opportunity to increase the grocery industry with engineering,” stated CEO and co-founder Devan Hughes.

“To be now ranked as Ireland’s fastest-expanding technological know-how corporation is a testomony to the unbelievably tough function of our group and personal shoppers across Ireland, Armenia and the United kingdom to create a extremely scalable infrastructure.”

‘Indigenous tech continues to succeed’

Mail Metrics, which arrived 14th in last year’s Quick 50 ranking, has moved up to 2nd place in 2022. The Dublin company’s system aids fiscal products and services organisations to digitalise buyer communications and strengthen regulatory compliance.

Rounding out the prime 5 have been money services software program firm Reitigh, SME-concentrated fintech Swoop and Limerick-dependent software program giant Kneat.

There ended up 17 new entrants showing up on the Deloitte ranking for the very first time, with 7 of these earning the prime 10.

As in earlier several years, the checklist was dominated by Dublin providers – with 6 out of the top 10 hailing from the funds. Having said that, the top 50 features organizations from all 4 provinces, with 8 counties represented in the rankings.

Collectively, these 50 tech gamers generated close to €500m in revenues and used far more than 5,500 people in 2021. The common earnings of companies featured was somewhere around €10m.

In addition to the rating, a range of prizes had been also awarded at a Deloitte occasion very last night (24 November).

The Advocate for Women in Technological know-how Award was presented to Swoop founder and CEO Andrea Reynolds.

The Scale Up Award went to Dublin application corporation MyComplianceOffice, protection specialist ThinScale took household the Modern New Technology Award, and the Influence Award was supplied to electronic expert services player Tekenable.

The Alumni Award went to TransferMate, the payments tech company that grew to become a unicorn previously this yr and has highlighted four moments on the Deloitte ranking to day.

“As the enterprise setting results in being additional elaborate, the Irish engineering sector has shown good resilience and tenacity,” explained David Shanahan, husband or wife at Deloitte.

“This year’s rating reveals growth throughout a broad vary of sectors with providers coming up with ground breaking remedies to tackle transforming consumer and company demands whilst faced with adversity. It is also encouraging to see so numerous new entrants, which includes seven in the top rated 10,” he added.

“Despite the issues of late, the Irish indigenous tech sector proceeds to be successful.”

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