New Wave of UK Banking Pioneers Take Center Stage In 2019 Program

 Future Fifty Businesses Raised More Than $8 Billion From VCs And Capital Markets Between 2013 And 2018

 Behavox Recognized As The Only Data Analytics Company In This Year’s Program

 Nine of The Program’s Alumni Have Already Been Taken To Market via Successful IPOs, While 29 Others Sealed Major M&A Deals

 

NEW YORK & LONDON–(BUSINESS WIRE)–Behavox, a leading artificial intelligence data analytics firm, was today named as one of the 24 new entrants to Tech Nation’s Future Fifty 2019 program.

“The companies we’ve selected are established in their chosen markets and are at the point where they can look forward to scaling up rapidly. These are incredibly talented and visionary entrepreneurs. The peer connections and access to global experts that is offered will help them fully deliver on their potential.”

Behavox is the sole Data Analytics company to join the 2019 program. Companies selected to join the latest Future Fifty have gained considerable traction within their chosen markets and have shown the potential to become global technology leaders of tomorrow.

“Behavox is honored to be included among the select UK-founded tech firms who are scaling their businesses at an impressive scale,” said Erkin Adylov, Founder and CEO of Behavox. “We look forward to working with partners who will support us as we continue to expand our business globally and prepare to market for an eventual IPO in the U.S.”

Future Fifty alumni have been strikingly successful at raising funds. Figures compiled by Tech Nation indicate that companies participating in the program since 2013 have raised a combined $8 billion via VC funding and capital markets. In addition to a total of 29 M&A/trade sale deals, nine of the Future Fifty alumni have successfully taken their companies to market via Initial Public Offerings (“IPOs”).

Parveen Dhanda, Future Fifty Program Lead at Tech Nation, said: “The companies we’ve selected are established in their chosen markets and are at the point where they can look forward to scaling up rapidly. These are incredibly talented and visionary entrepreneurs. The peer connections and access to global experts that is offered will help them fully deliver on their potential.”

 

2019 Cohort

Data Analytics: Behavox (London)

Fintech: Aire (London); Blockchain (London); Currencycloud (London); MarketInvoice (London); Monzo Bank (London); Nested (London); Quantexa (London); Starling Bank (London); Revolut (London); Salary Finance (London)

Ecommerce and Marketplaces: Bizuma (London)

Hardware Devices and Internet of Things: Bulb Energy (London); M Squared Lasers (Glasgow); Reach Robotics (Bristol)

Digital Entertainment: Culture Trip (London); Mediatonic (London)

Software as a Service: Ensek (Nottingham); Kimble Applications (London)

Cyber Security: Garrison Technology (London)

Biotech and Healthcare: Ieso Digital Health (Cambridge).

Adtech and Marketing: GlobalWebIndex (London)

Enterprise Software: Perkbox (London); StarLeaf (Watford)

The program is supported by partners, Barclays and Macfarlanes, who offer their expertise to aid the companies’ growth via roundtables, open hours and thought leadership. Barclays’ support ranges from bespoke operational banking, capital and funding, and supporting founders as they seek exit from the business. Macfarlanes helps with raising new funds, planning for an IPO and international expansion, as well as, with companies’ ongoing operational needs in regard to competition law compliance, tax, immigration, anti-trust and General Data Protection Regulation (“GDPR”) compliance.

Behavox recently announced their partnership with Google as a Google Cloud Partner, allowing it to combine its strength as a leading AI provider in financial services with one of the largest, fastest and most secure private networks in the world.

About Tech Nation

Tech Nation is the new organisation to help accelerate the growth of the digital tech sector across the UK. Launched in April, it builds on the past work of Tech City UK and Tech North to make the UK the best place in the world to imagine, start and grow a digital tech business. Its mission is to empower tech entrepreneurs to grow faster through knowledge and connections, to build a UK economy that is fit for the next generation. It does this by running growth programs, developing digital entrepreneurship skills through its online Digital Business Academy, through its visa scheme for exceptional talent and by championing the UK’s digital sector through data, stories and media campaigns. www.technation.io

About Behavox Ltd.

Behavox is a security software company that specializes in communication surveillance:

As a market leader in the application of Artificial Intelligence to monitoring of text and voice communications, Behavox’s software protects companies and their employees from bad actors engaged in illegal and malicious activities.

Compliance, surveillance, legal and SOC teams rely on Behavox software to reduce false positives and increase detection rate across a broad range of risks. There are many solutions to protect companies from outside risks; Behavox protects companies from inside risks.

Founded in 2014, Behavox is headquartered in Montreal and has offices in New York City, London, Seattle, Singapore, and Tokyo.

More information about the company is available at www.behavox.com.

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