Deliveroo and Crowdcube tipped as future tech giants

By Sophie Witts contact

- Last updated on GMT

Deliveroo and Crowdcube tipped as future tech giants

Related tags: Hamburger

Restaurant-ordering start-up Deliveroo and crowdfunding site Crowdcube are among 15 firms being tipped as future stars of the UK’s digital economy.

Government funded group Tech City UK has announced the new entrants in its Future Fifty programme, which helps kick-start the growth of emerging tech brands.

It follows a bumper twelve months for Deliveroo with the start-up raising over £130m​ to expand in the UK and worldwide.

The app – which launched in London in 2013 – delivers food from over 2,000 restaurant brands including Gourmet Burger Kitchen, Patara and Pho.

London has seen a boom in the restaurant delivery market this year, with the launch of Michelin-starred delivery service Supper,​ ‘online restaurant’ EatFirst expanding worldwide, and Pizza Express announcing its own delivery service in the capital.

Deliveroo founder Will Shi described the company’s plan as ‘ambitious but realistic’.

“My goal is this: if it’s raining and you don’t want to go out, I want you to think of Delieroo immediately,” he said.

“We want to be affordable and high-quality enough that it’s not even a choice in your mind.”

Crowdcube is fast becoming the go-to method for small hospitality businesses looking to expand.

Masterchef finalist Andy Oliver,​ tea pub Brew, Chilango, Pizza Rossa and restaurant payment app Cake are just a handful of entrepreneurs who turned to the site to grow this year.

Gerard Grech, CEO of Tech City UK said: “Britain’s digital industry continues to defy expectation.

“In a rich and varied marketplace, these entrepreneurs are united by global ambition and enormous potential. The digital businesses joining the Future Fifty programme are a window into the future of the digital economy.”

Since Future Fifty launched in 2013 companies on its list have raised a total of £791m and operate in 170 countries worldwide.

The programme has kick-started some of the most successful digital businesses in the UK, including room-sharing site One Fine Stay, online retailer Naked Wines and music app Shazam.

Related news

Show more

Related products

show more

The 5 Big Hospitality Trends You Need To Know

The 5 Big Hospitality Trends You Need To Know

me&u | 21-Jun-2022 | Technical / White Paper

me&u have run the numbers and chatted with the best in the business to uncover the emerging trends to watch in 2022. Now is the time to disrupt and...

Download Your Free Hospitality Trends Guide Now

Download Your Free Hospitality Trends Guide Now

me&u | 20-Jun-2022 | Technical / White Paper

We asked hospitality experts to weigh in on the top dining and hospitality trends that venues should take advantage of to keep momentum going throughout...

How to give your customers a better experience

How to give your customers a better experience

Dojo | 16-Jun-2022 | Technical / White Paper

The high street is changing. With consumers hungry for new experiences, Dojo has gathered data from thousands of UK businesses to help you get your customers...

How to Transform Your Supply Chain Operations

How to Transform Your Supply Chain Operations

Qliktech UK | 02-Jun-2022 | Product Presentation

With massive disruptions in the global supply chain, agility is a top priority for manufacturers.

Whitworths, a leading UK food manufacturer,...

Related suppliers

EMAIL NEWSLETTERS

Spotlight

Follow us

Hospitality Guides

View more

Featured Suppliers

All suppliers