Festicket, the world’s largest platform for music festival experiences, has been named in Deloitte’s prestigious Fast 50 awards. The awards recognise and rank the 50 fastest-growing technology companies in the UK, based on the last four years of revenue data, and are sponsored by DLA Piper, Oracle NetSuite and Silicon Valley Bank.
This year’s cohort of winners represent companies at the forefront of the sector, with more than 8,700 employees across the 50 companies, a stunning average growth rate of 3,878% and total revenues in 2019 of over £650m.
After recording an impressive 879% growth over the past four years whilst earning more and more market share of the growing global festival and live music market, Festicket were named as the only ticketing or event management company to feature in the list.
Duncan Down, lead partner for the Deloitte UK Technology Fast 50 programme, said: “The Deloitte UK Technology Fast 50 is internationally revered as one of the most important business awards in the industry.
Achieving sustained revenue growth of 879% over four years is a tremendous accomplishment, and Festicket has proven that its leadership has the vision and determination to grow in competitive conditions.”
Zack Sabban, Festicket CEO, commented: “We’ve had an exciting past four years and have enjoyed every minute of growing the business, building relationships with festival organisers all over the globe and developing a truly unique product for our customers and partners.
The Deloitte Fast 50 does an amazing job of showcasing the strong entrepreneurial spirit and technology start-up culture in the UK and we’re proud to have been named amongst such successful businesses.”
In August 2019, Festicket also announced the acquisition of the multi-award winning ticketing, cashless POS and event management platform, Event Genius. Watch their brand new video to get to grips with the new Event Genius by Festicket offering.