Technology is evolving rapidly. Blockchain, Artificial Intelligence (AI), Non Fungible Tokens (NFTs), cryptocurrencies and cloud storage are booming. With developers, investors and private individuals clamouring to take part.
Startups have often led the trend through their ability to solve problems rapidly, using smaller teams specialized in the task.
British tech startups are typically overshadowed by American ones. It might be better branding, sleeker logos or a larger target market.
The UK’s cryptocurrency market is a good example of Cross-Atlantic dominance. American crypto tokens such as Bitcoin, Ethereum and Solana dwarf Britain’s Wirex, Radix and Electroneum. But that does not mean that British tech startups should be counted out.
Read on, to learn more about the best of British tech startups and where to find them.
The Top Ranked British Tech Startups
Tech startups in Britain are developing quicker than ever before. Blockchain and cryptocurrency technology is a part of the reason. Funding for startups can now be done using decentralized means, which cuts waiting times down from traditional sources such as banks and venture capital firms. Here are some of the best startups:
1. Revolut
Revolut promises to take its clients beyond banking. Offering them a secure, mobile based current account to store, exchange and transfer 25 different currencies without a fee.
Website: https://www.revolut.com
Founded: July 01, 2015
2. Bark
Bark is a marketplace, allowing visitors to find qualified trades. Including electrical engineers, dog walkers, painters and web designers.
Website: https://www.bark.com
Founded: September 01, 2014
3. What3words
What3words is an online service that gives its customers fixed three-word addresses via a global grid. The startup’s algorithm is a geocoder that turns latitude and longitude coordinates into three words addresses. This makes use for non-technical people easier, allowing them to find any location accurately and communicate it to others quicker.
Website: https://www.what3words.com
Founded: July 01, 2013
4. Payhip
Payhip is an e-commerce platform that enables anyone to sell digital products directly to customers by using a link. Simply upload a product, enter a price and start selling on Twitter, Facebook or your own site. Payhip manages file storage, payment processing and product delivery to your customers.
Website: https://payhip.com
5. VEED
VEED.IO is an AI-powered online video editing platform that makes anyone can create videos easily. The tech startup has millions of creators and businesses who use its services around the world. Customers can share stories, create content, grow their audience and provide how to videos.
Website: https://www.veed.io
Founded: December 01, 2017
6. Chessable
Chessable transforms standard chess learning information into a one-of-a-kind, interactive, gamified digital format, leveraging learning-science methodologies to optimize the process.
Chessable leverages knowledge from educational psychology and neuroscience to simplify and optimize learning. It uses gamification to make learning enjoyable.
Chessable wants to make it easier for people to become experts than with more conventional approaches.
Website: https://chessable.com
Founded: November 30, 2015
7. Synthesia
Synthesia is an AI backed video creation tool that creates videos from plain text. Users can make high-end video presentations in-browser with no professional expertise from plain text.
Website: https://www.synthesia.io
Founded: April 01, 2017
8. Carwow.co.uk
Carwow.co.uk helps users find the right car. The startup boasts aggregated expert reviews, statistics, photos and videos of every new car on sale in the UK. Allowing visitors to find the perfect one.
Website: https://www.carwow.co.uk
9. Perlego
Perlego is an e-book platform founded by Gauthier Van Malderen and Matthew Davis. It provides students access to a wide range of subjects under a subscription model. Perlego has partnered up with over 240 publishers including Packt Publishing, Oxford University Press, Palgrave and Elsevier, offering over 85,000 eBooks to date.
Website: https://perlego.com
Founded: May 10, 2016
10. Writesonic
Writesonic is a leading generative AI platform that has over 5 million registered users and 40,000+ paying customers, reinventing content production and changing the way organizations and individuals communicate. The startup’s cutting-edge technology empowers brands to effortlessly produce factual, on-brand, hyper-personalized content.
Website: https://writesonic.com
Founded: January 15, 2021
11. Vinterior
The startup Vinterior is an online marketplace for high-quality and stylish pre-owned furniture.
Website: https://www.vinterior.co
Founded: January 01, 2015
12. Sumsub
Sumsub helps to verify customers and make onboarding them simpler. It does this by providing a single verification platform, which speeds up access to websites, reduces cost and combats digital fraud. It verifies users to help with Know Your Customer (KYC) checks, payment fraud prevention, face authentication, video identification and other forms of compliance.
The startup is used by over 2000 businesses, including Binance, Bybit, Huobi, TransferGo, Moonpay, iTalki, Didi, Hyundai, Exness, ESL Gaming and more.
Website: https://sumsub.com
Founded: December 01, 2015
13. ufile.io
Ufile.io lets you upload and share files anonymously and for free. Files are encrypted and stored securely on the cloud, guaranteeing privacy and data safety. Files can be stored permanently or have a fixed expiry date. Users can share a URL link for access among online communities.
Website: https://ufile.io
Founded: August 01, 2016
14. Sidequest VR
This startup is a community driven VR content platform which enables discovery and feedback of early access apps, connecting developers with users in meaningful ways to drive the VR industry forward.
Website: https://sidequestvr.com
Founded: May 21, 2019
This list is by no means complete, the UK boasts a large sector of innovative tech startups.
In Summary
Great Britain’s tech startups may not receive the amount of media attention that their American counterparts do, but that does not mean that they aren’t creating meaningful, profitable and intelligent content and products.
Startups in the country work across several fields, including VR, AI, blockchain, online learning and video creation tools. British developers and software engineers boast great talent and market insight in order to create some of the tools many will use worldwide.
