STARTUP NORFOLK UNICORN HUNTER
Below is a work in progress list of Norfolk based tech startups, ranked by estimated valuation (*) or publicly known information, that are aiming to become the next UK unicorn worth over £1BN.
Cloud-based software provider for electronic point of sale
AI-powered automation technology to make decision-making smarter
Insurance for the sharing economy
AI-driven chatbot building company
Transforming physical items into a virtual payment point
The content subscription platform
Visualise and control your IT
Complete lone worker solution
Mobile location intelligence
The Q&A site designed to help people
Startup Stages Explained
Concept: At the idea stage; a concept on paper; an MVP; or a beta demo. Select this stage also if you are doing lean experiments, research or trials.
Development: Development of a user / customer platform, product or service is underway.
Revenue: Have a product / service now in front of customers and have started to pull in sales revenues; even if they are just a trickle.
We use either the last publicly known pre-money valuation (i.e. from beauhurst.com or, public pitch decks / events) or will add in additional investment raised for a post-money valuation. For a public company we use market cap.
* Denotes an estimate based off funding rounds or revenue stated in places such as Crunchbase or Wikipedia, using an average 5x annual profit SaaS multiple according to SEG. If bootstrapped we best guess in terms of technology and/or ARR.