Holidu ranks 10th in the ranking.
© Holidu

Deloitte Fast 50: These are the 5 fastest-growing Munich startups

For the 18th time, Deloitte has published its ranking of the fastest-growing companies in the German tech industry. This year, a Munich-based company is once again among the top 10 in the Deloitte Technology Fast 50. Several other Munich-based startups are also included in the ranking.

The Deloitte Technology Fast 50 Award recognizes Munich-based travel startup Holidu as one of Germany's fastest-growing companies, ranking 10th. The evaluation criteria are based on average percentage revenue growth over the past four fiscal years. Holidu achieved this figure at 1,214.19 percent. Closely following were Munich-based startup Messenger People (12th place with 860.38 percent growth) and Trbo, which ranked 14th with 712.84 percent growth. Riskmethods took 21st place (363.71 percent) and Metoda took 22nd place (355.50 percent).

How Holidu wins again at the Deloitte Fast 50

By focusing on the booming holiday home market, Holidu was recognized for the second time in a row and achieved a high growth rate of 1,214.19 percent.

"We are very pleased with our top position in the ranking. This strong growth demonstrates that with the combination of the holiday home search engine Holidu and the service and software provider Bookiply, we are creating significant added value for our partners, travelers, and holiday home owners,"

explained Johannes Siebers, CEO of Holidu. His brother, co-founder and CTO Michael Siebers follows:

“We believe that with technology and data, almost any problem can be solved.”

Messengerpeople and Trbo also participating for the second time

Also with the Solution from Messengerpeople A broad market is reached. More than 2,000 companies – including about a third of DAX-listed companies – and over 20 million end users have already used WhatsApp and other messaging apps as a means of communication between companies and customers. Messengerpeople Managing Director and Founder Franz Buchenberger says:

“Our customers, who are already relying on the communication standard of the future with their messenger service, actually deserve this award.”

Trbo, a Munich-based technology provider for dynamic onsite personalization, Optimization and testing of online shops, says:

"The award is definitely a nice conclusion to this special year of 2020. But of course, we are not resting on our laurels; the t(u)rbo will be running at full speed until the end of the year and beyond!"

Munich offers an attractive ecosystem

In 2020, the Fast 50 Award once again honored companies from across Germany. As in previous years, the current ranking highlights three tech hotspots in the metropolitan regions, primarily Munich, Hamburg, and this year, especially Berlin.

“Many tech entrepreneurs find a suitable ecosystem there,”

explained Andreas Gentner, Partner and Head of Technology, Media and Telecommunications EMEA at Deloitte. He adds:

“This makes these cities attractive locations for technology companies. 

Top 3 from Berlin

The top three winners of the 2020 Deloitte Technology Fast 50 Award are all based in Berlin: Quofox, a learning platform; Kolibri Games, a mobile gaming provider; and the fintech Spotcap Global Services. Overall, their versatility and innovative strength across a wide range of industries are impressive, Genter continues:

"Our award winners come from a wide range of fields – from FinTech to digital commerce to artificial intelligence. Their business models are based on innovative solutions that, not least of all, strengthen Germany as a business location and make it fit for the future."


More Information about the award here.

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