Tech entrepreneurs are among UK’s rising stars
Thirty-three businesses have been named as the most exciting and innovative early-stage tech companies in the UK, with three from Wales.
Tech Nation, a UK-wide network for ambitious tech entrepreneurs, revealed the regional winners of its nationwide competition.
We Build Bots, Moneyshake and Resooma have been announced as Wales’ regional winners.
Tech Nation claims Rising Stars is the UK’s only truly national early-stage tech scaleup competition, and it is designed to help the most exciting earlystage tech companies take their business to the next level and become the world-leading tech companies of the future.
Now in its second year, demand for the competition from early-stage founders has seen a 39% rise in applications compared to 2018, demonstrating the value the Rising Stars competition holds for founders at this critical stage of growth.
Gino Brancazio, entrepreneur engagement manager, Wales, Tech Nation, commented: “The calibre of tech companies that are going from start-up to scaleup in Wales is making our nation known for being one of the best places to start and grow a tech company. This can be seen not only from the awards that Welsh companies are bringing home, but also from the success of companies that are starting to make their mark on the national and international market.
“This year a record number of companies from across Wales have applied for Rising Stars and I’m very excited to see that We Build Bots, Moneyshake and Resooma will be representing Wales in the regional finals.”
Tech Nation found the average age of a company entering the competition was 2.2 years, with six employees, and 33% of companies have a female founder/ co-founder.
We Build Bots and Resooma are both Cardiff-based businesses, while Moneyshake is in Newport. We Build Bots delivers AIpowered automation to the public sector, looking to help organisations deliver better, faster and cheaper citizen services.
Resooma is the first subscription-based, end-to-end rental platform designed around the needs of the tenant.
The car lease comparison website Moneyshake is focused on aiming to provide a quick, easy-to-use UX experience which streamlines deals from some of the UK’s top leasing brokers.