London-headquartered legal drafting software provider Definely has made it into the Deloitte UK Technology Fast 50, which ranks the fastest-growing technology companies in the UK. Rankings are based on percentage revenue growth over the last four years. Definely is the only legaltech company to make it onto the list this year.
Nnamdi Emelifeonwu, CEO and co-founder of Definely, which is ranked at number 23 on the list with growth of 1,217%, said: “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.”
Emelifeonwu, pictured top right next to co-founder and chief strategy officer Feargus MacDaeid, added: “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.”
We’re told that Definely’s commercial team has nearly tripled in size since the beginning of the year and that their customer base is on track to double by the end of the year.
The 50 fastest growing UK technology companies, as ranked by Deloitte, generated £808m in total annual revenues in the year 2022/23 and employed almost 15,000 people. Previous legaltech winners include Henchman, Peppermint Technology and Clio.
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