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The Welsh tech firm named as one of the UK’s best scale-ups

By January 30, 2020 June 29th, 2021 No Comments

Cardiff-based Amplyfi has been identified as among the fastest growing tech scale-ups firms in the UK. The rapidly expanding start-up, which employs nearly 50, has made Tech Nation’s Upscale 5.0 programme…

The programme, now in its fifth year, is designed to support the UK’s leading scale-ups by tackling the leadership challenge in UK tech. Most of the companies on the programme have already raised a series A round, and the average raise has increased from £4.2m in 2017, to £7.2m in 2020. Average revenues have also increased by 64% from £1.1m to £1.8m over three years, while the average number of employees when joining the cohort has grown by 48% from 31 to 46.

Amplyfi is using AI and machine learning to revolutionise global business intelligence and market research. Its learning platforms unlock the entire internet to generate unprecedented business insights .

Originally by Slon Barry for BusinessLive, read the full article here.