In UK, the fastest growing company is Bulb, it is a single tariff energy seller whose energy comes from 100% renewable sources.
It has topped the list for the second year running. Bulb has increased their market valuation by multiple of 318x since 2016. Fintech challengers Revolut and Nutmeg secured second and third place positions and increased their valuation by 239x and 135x respectively.
All the above information was shared by the Syndicate Room, which is an online investment platform in their new report titled “Top 100 Britain Fastest Growing Business.”
Graham Schwikkard, CEO at Syndicate Room has said that the East of England is on the rise, it is now home to 12 of the fastest growing companies in UK compared to just 5 in 2017.
CEO and Co-founder of Bulb Hayden Wood had said that they had started Bulb because they could help many people to change over to green energy. Today they are helping about 1.5 million members to save on their bills and cut carbon emissions.