Summize Ranked Number #8 Fastest Growing Technology Company in the UK in the 2024 Deloitte Technology Fast 50

Summize ranked number #8 fastest growing technology company in the UK in the 2024 Deloitte Technology Fast 50. Explore more about the awards and our win.

Published: 

November 8, 2024

We are thrilled to announce that we ranked number eight in the 2024 Deloitte UK Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK. Rankings are based on percentage revenue growth over the last three years. During this time, we have achieved more than 100% growth in net annual recurring revenue (ARR) every year.

Tom Dunlop, our Founder and CEO said, “We are honored to be ranked in the top 10 of the U.K. Technology Fast 50. This momentous achievement underscores our team’s dedication over the last four years and the trust of our clients, who believe in our modern approach to Contract Lifecycle Management (CLM) to accelerate their businesses. We continue to grow, scale and innovate as we build on this amazing achievement.”

We have experienced significant growth, doubling our customer base and achieving over 50% of new revenue from the United States this year alone, as companies like Simon & Schuster, Revolut, SeatGeek, and SEKO Logistics realize the collaboration and productivity gains from leveraging a modern approach to managing their legal contracts.

The Summize CLM uses a "decentralized" approach that integrates contract workflows into popular software like Microsoft Outlook, Gmail, Microsoft Teams, Slack, Salesforce, HubSpot, and Jira. Users can easily manage contracts directly within these tools via a self-service approach, with advanced AI contract review and redlining functionality, centralized repository and advanced analytics for the legal team.  

Kiren Asad, lead partner for the Deloitte UK Technology Fast 50 programme, said: “We continue to see the resilience of the UK’s technology sector, demonstrated clearly from the impressive growth amongst this year’s Fast 50 winners. Amidst challenging economic conditions, these businesses have navigated their way to growth through tenacity, talent, and innovation in what remains a competitive market. I would like to extend my congratulations to all of the winners.  

“The 50 fastest growing UK technology companies, as ranked by Deloitte, generated £1.93bn in total annual revenues in the year 2023/24. The Deloitte UK Technology Fast 50 recorded an average three-year growth rate of 2,468 per cent.”

About the Deloitte UK Technology Fast 50

The Deloitte UK Technology Fast 50 is one of the UK’s foremost technology award programmes. Now in its 27th year, it is a ranking of the country’s 50 fastest-growing technology companies, based on revenue growth over the last three years. The UK Fast 50 awards are all about growth driven by leading intellectual property and are a celebration of innovation and entrepreneurship. Previous winners have come from across the UK, are both large and small, and included some of the most dynamic players in all areas of technology, from IoT to BioTech, digital media technology to life sciences, FinTech to software and clean energy to telecommunications.  

For more information and a full list of the winners, take a look at Deloitte's website.

About the author

Laura Proctor

Chief Marketing Officer

Laura is Summize's Chief Marketing Officer, bringing over 20 years of marketing experience from high-growth B2B technology and SaaS companies such as Avecto, AppLearn and TalkTalk Business. Laura is passionate about educating the market on innovative solutions to contracting challenges, and how Summize’s unique approach integrates CLM processes into existing software tools. Through strategic marketing, Laura helps businesses understand that CLM is not just a legal tool, but a business-critical solution for entire areas of an organisation. By telling our customers' stories and use cases, Laura has enabled Summize to be part of the in-house legal community through relevant events, webinars and activities.

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