Condeco has been shortlisted as a finalist for the Pathfinder 20 Awards for the UKs emerging technology companies.
August Equity founded the Pathfinder 20, an index of the UK’s most exciting emerging technology companies. Unlike other “lists” which prescriptively assess businesses purely on historic growth rates, the companies who make the Pathfinder 20 index are measured not just on financial metrics but also other considerations such as growth prospects, innovation and the ability in the longer term to become category leaders.
Pathfinder 20 asked applicants to answer eight questions. The answers to these questions gave their panel the information required to form an assessment of the prospects of each applicant. Considerations included the size and growth of the end market, scalability of the technology, the degree of cloud technology embraced in the offer, the level of recurring revenue in the sales model as well as financial performance and growth rates.
After careful deliberation the judging panel consisting of leading UK technology executives selected Condeco as finalist. The top three businesses will be announced on Thursday 15th May, 2014.