Definely placed 23rd in Deloitte UK Technology Fast 50 list
Definely has been recognised as the UK’s 23rd fastest-growing technology company after securing a coveted spot in the Deloitte UK Technology Fast 50 list. We are also the only legal technology company to place in the Deloitte Fast 50, making it the fastest growing LegalTech company in the United Kingdom.
“It is an honour to be included in the Deloitte Fast 50 and join previous winners such as Skyscanner, Revolut and Deliveroo, amongst others. The high bar set by Deloitte to be included in the list, combined with the prevailing economic headwinds faced by all technology companies in 2023, make this win that much more special.
Ultimately, this win is a testament to the entire team at Definely who have worked tirelessly to make this year our best yet. We also could not be here without our amazing customers who are at the centre of everything we do at Definely and whose continued support we remain eternally grateful for.” - Nnamdi Emelifeonwu, CEO and Co-Founder of Definely.
What is the Deloitte Technology Fast 50?
The Deloitte UK Technology Fast 50 is one of the UK’s foremost technology award programmes. Now in its 26th year, it is a ranking of the country’s 50 fastest-growing technology companies, based on revenue growth over the last four years. The UK Fast 50 awards are all about growth driven by leading intellectual property and are a celebration of innovation and entrepreneurship.
Previous winners have come from across the UK, are both large and small, and included some of the most dynamic players in all areas of technology, from IoT to BioTech, digital media technology to life sciences, FinTech to software and clean energy to telecommunications.
Kiren Asad, lead partner for the Deloitte UK Technology Fast 50 programme, said:
“The impressive growth amongst this year’s Fast 50 companies demonstrates the continued tenacity of the UK’s technology industry, despite ongoing economic headwinds, as it cements itself amongst the top locations for venture capital
The 50 fastest growing UK technology companies, as ranked by Deloitte, generated £808mn in total annual revenues in the year 2022/23 and employed almost 15,000 people. The Deloitte UK Technology Fast 50 recorded an average four-year growth rate of 5,473 per cent.
Making the Deloitte UK Technology Fast 50 is a testament to a company’s commitment to technology. With its growth rate over four years, Definely has proven that its leadership has the vision and determination to grow in difficult conditions.”
Our journey so far
So, how did we become one of the UK’s fastest-growing tech companies? It started when Nnamdi and Feargus met while they were both lawyers at Freshfields (click here to learn about the Definely story). Since then, Definely has been driven by its mission to simplify the way the world understands information, and what better place to start than with the industry we know best?
Definely’s focus has been on creating tools that our founders needed when they practised law; and this first-hand experience and insight have been key to our success. It has enabled us to pinpoint the problems that lawyers face in their day-to-day work and create solutions that not only make their lives easier but also protect the interests of law firms and allow them to provide a better client experience.
“When we created the first iteration of Definely, it was raw and extremely buggy, but it showed us that this idea we had was possible. Four years later, we’re fortunate enough to count some of the world's largest law firms and multinational corporations, such as Allen & Overy, Slaughter and May and the Asian Development Bank, as customers.” - Feargus MacDaeid, CSO and Co-founder of Definely
The Future of Definely
We’ve got to the position we’re in today by focusing on the problems our customers have and ensuring that we create the best possible solutions to solve them - and this is what we will continue to do.
We have some extremely exciting news to announce in the near future, with product releases that will change the game for law firms and in-house teams. Our plan? To provide lawyers with a solution that allows them to create, draft and review legal documents in one place, with one tool.
Do you want an exclusive sneak peek at our upcoming product launches? Get in touch and we’ll show you what we’ve been working on!