We’ve been recognised as one of Europe’s fastest growing companies


29th January 2020


2 min


Billy Wood

We’ve capped an explosive three years of growth with inclusion in the Financial Times’ FT1000 list of Europe’s Fastest Growing Companies. Get the lowdown below.

The prestigious list‚ which is compiled by the Financial Times and research firm Statista‚ ranks the North East tech business as the 547th fastest growing company in Europe based on revenue growth in the last three years alongside household names including Deliveroo‚ Zopa and Boohoo.

Between 2014 and 2017 hedgehog lab saw revenues grow by 315% powered by work with major clients including B&M‚ Microsoft and Santander. The consultancy has also recently unveiled a string of innovation partnerships with the likes of Northumbrian Water‚ Home Group and AkzoNobel who are all currently benefitting from the team’s industry-leading design and development expertise.

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In tandem with its impressive revenue growth‚ hedgehog lab has also undergone significant headcount growth with hires across its Newcastle‚ Hyderabad and Boston offices. This includes the recent appointments of a Head of Finance‚ Head of Product‚ Head of People and Head of Delivery to support the firm on the next stage of its rapid growth.

Following the announcement of the 3rd annual FT1000 list‚ Chief Executive Officer and Co-Founder‚ Sarat Pediredla‚ commented: “It’s a real honour to be recognised by such a prestigious organisation as the Financial Times and to be in the company of some of Europe’s most recognisable high-growth businesses.

“The ranking is a vindication for all the hard work‚ talent and dedication our team has shown over the last three years and longer to deliver unparalleled digital and innovation services to our many happy customers and partners.

“As the region’s only digital and technology business to feature on the list‚ we’re also proud to be flying the flag for the North East’s tech sector and we’re already looking forward to improving upon our ranking next year thanks to the growth we’ve enjoyed since 2017.”