The company also earned recognition as the fastest-growing insurtech and the Midlands Regional Winner.
The Deloitte UK Technology Fast 50 is one of the country’s most notable benchmarks for innovative and rapidly expanding technology businesses. Previsico’s recognition highlights the growing role of technology in enhancing resilience against climate risks.
Previsico’s 2,714% revenue growth over the past three years reflects the success of its innovative flood forecasting technology, which has positioned the company as a leader in mitigating flood risks.
Jonathan Jackson, CEO of Previsico, attributed the achievement to the firm’s cutting-edge solutions and its dedication to addressing the challenges posed by flood risks.
“We are delighted to have been recognised as one of the fastest-growing tech companies in the UK,” Jonathan Jackson commented. “Our product, team, and business has gone from strength to strength. We look forward to building on this success to help many more people and organisations around the world adapt to flood risk and minimise their losses.”
Kiren Asad, lead partner for the Deloitte UK Technology Fast 50 programme, said: “We continue to see the resilience of the UK’s technology sector, demonstrated clearly from the impressive growth amongst this year’s Fast 50 winners.
“Amidst challenging economic conditions, these businesses have navigated their way to growth through tenacity, talent, and innovation in what remains a competitive market. I would like to extend my congratulations to all the winners.”
The 50 fastest growing UK technology companies, as ranked by Deloitte, generated £1.93bn in total annual revenues in the year 2023/24. The Deloitte UK Technology Fast 50 recorded an average three-year growth rate of 2,468 per cent.
Previsico’s world-leading flood forecasting solution brings together the latest weather data from the UK Met Office and US equivalent, IoT devices on the ground, and advanced flood modelling capabilities to address the increasing issue of surface water flooding.
Previsico has gained great traction worldwide, following 20 years of academic research, and is now supporting insurers such as Liberty, Zurich, and Generali, the public sector, including National Grid and National Rail, major corporate clients, and SMEs, with live actionable flood warnings for surface water flooding to mitigate losses.
