For the Fast 50, Deloitte considered revenue growth from 2018 to 2021. To be included on the list, companies must have achieved at least €1 million in revenue in the 2021 fiscal year. First place goes to IoT Venture from Darmstadt with revenue growth of 6027 percent. Directly behind them is the top-ranked Munich-based startup Climedo Health, with revenue growth of 5906 percent. Climedo offers a digital platform for electronic data collection in decentralized clinical trials. The solution of the Munich startup is intended to make it possible to process the approval of medicinal products and medical devices more quickly and cost-effectively.
The Munich startups are also among the Deloitte Fast 50 Proglove (4th place, sales increase: 3,604 percent), Workpath (7th place, sales increase: 1471 percent), Croit (10th place, sales increase: 854 percent), Scompler (16th place, sales increase: 634 percent), Mystery Minds (35th place, sales increase: 252 percent), Efficient Energy (38th place, sales increase: 228 percent), EcoG (40th place, sales increase: 221 percent) and Myra Security (41st place, sales increase: 207 percent).
Software dominates Fast 50
As in previous years, a majority of the Fast 50 award winners come from software development, this year's 48 percent. Following at some distance are companies involved in digital content (14 percent) and energy technology (12 percent).
"We've been honoring innovative and fast-growing companies for 20 years now, and every year I'm amazed at how much creativity exists in Germany. The award winners demonstrate how to successfully embrace current trends and transform them into viable business models,"
says Oliver Salzmann, Managing Director of Deloitte AI GmbH.
"At the moment, the topics that most impact the economy and society as a whole are dominating: artificial intelligence, resilience, and sustainability. We see this especially in the winners who are developing clean or green tech offerings."
