Algomi in TechTour Growth 50 of 2017
Geneva, February 15th , 2017
We are delighted to announce that Algomi has been included in the TechTour list of the the next generation of fastest growth equity backed tech businesses.
Tech Tour, a platform that facilitates high-tech growth companies to develop strategic relations with investors, together with Silverpeak Investment Bank and in conjunction with a selection committee of international investors have researched and evaluated over 275 European private tech companies at a sub-one billion US dollar valuation. 52% of the 50 companies have at least one US investor.
Founded in 1998, Tech Tour provides a Community facilitating investment into world class entrepreneurs with event and online matching platforms between growing and emerging innovative companies and investors across borders, regions, sectors and stages.
Major success stories emerging in B2B software and services, particularly in Fintech, include Algomi.
The selection committee chaired by Jean-Michel Deligny, Managing Partner, Silverpeak Investment Banking, was composed of 18 international venture capital firms, advisers and experts who judged the companies based on their achievement, impact and momentum.
Commenting on the selection process Jean-Michel Deligny explained “We combine the quantitative rigour of using multiple data sources for valuation, sales growth and financing with the qualitative insight of a selection committee of leading investors and advisers in order to come up with the list of great European tech companies beyond unicorns, in fact we specifically excluded unicorns. Given the quality of the selection committee and the rigour of the process The Tech Tour Growth 50 is now cemented as the reference tool for all those interested in up and coming European tech companies. Each year our work is becoming more difficult as there is a growing number of great European companies. It is of course a very nice problem to have and explains the growing appeal of the Tech Tour Growth Forum as the place to meet great late-stage European tech companies. ”
For more information please contact James Burnham, Tech Tour and visit www.techtourgrowth50.com.