Great British Entrepreneur Awards finalist, hedgehob lab, has been named among a list of Europe’s fasting growing businesses.
The mobile, immersive and connected solutions specialist placed 984th on the Inc. 5000 List of Europe’s Fastest-Growing Companies, based on its growth over the past three years.
Inc. have compiled and released their renowned growth list for each of the past 37 years. Based on an organisation’s growth in revenue over a period of three years, rankings identify the top 5000 of Europe’s millions of privately held companies.
Co-founded by Sarat Pediredla, who was shortlisted for the ‘Scale-up Entrepreneur of the Year’ for the North at the Great British Entrepreneur Awards in 2017, hedgehob lab’s growth sits at 667%, compared with the list average of 473%.
Back in 2016, it was revealed that hedgehog lab were on-course for a third successive year of over 100% growth. Momentum remained with them throughout 2017, as the consultancy secured £1m of investment from Maven Capital Partners to help further accelerate their development.
Sarat Pediredla said: “We’re ecstatic that our growth has been recognised by Inc. as this is an achievement that places us alongside some of Europe’s most impressive and well-known brands.
“The fact we feature alongside companies such as Dyson really helps to demonstrate the magnitude of the accomplishment. It’s one that is a testament to the hard work, determination and talent of our team.
“In the years Inc. have measured as part of their rankings, we made a very conscious effort to grow our presence globally. To have our work recognised on such an international scale really vindicates such decisions.”