Some good news for fast-growing Zego;
The award recognises Zego as an innovative and fast-growth business. Zego’s inclusion comes as the company’s growth hits 3,500% and follows a busy year for the company, with new products launched, continued international expansion and the business’ headcount more than doubling. Earlier this year, the company became the UK’s first insurtech unicorn, after raising $150 million in a Series C fundraise.
The Deloitte UK Technology Fast 50 is one of the UK’s foremost technology award programmes, ranking the UK’s 50 fastest growing technology companies, based on revenue growth over the last four years. Sten Saar, CEO and Co-Founder of Zego, said: “We started our journey in 2016 after discovering that costly annual insurance premiums were acting as a barrier to entry for delivery workers. Our solution was to build a more flexible model that allowed, first workers, and now fleet businesses, to only pay for the cover they need. We’ve come a long way over this period, but in our eyes, we’re only just getting started. “This award from Deloitte comes at a very exciting time for the business, with our headcount continuing to grow quickly as we make further headway into Europe and plan for new product launches.” Duncan Down, lead partner for the Deloitte UK Technology Fast 50 programme, said: “The extraordinary growth of this year’s Fast 50 represents the remarkable tenacity of the UK’s technology industry. Deloitte’s 2021 Fast 50 awards are a clear demonstration of the wealth of talent, creativity, and entrepreneurship in the UK’s technology industry today.”