Letting Cloud Featured In insider

Letting Cloud Featured In insider

Letting Cloud Featured In insider, Tech Companies all hailing from Edinburgh and Glasgow, they have an average of eight employees, and are notably all either business-to-business or business-to-business-to-consumer companies.

Tech Nation has announced the five Scottish of its fourth Rising Stars competition, which recognises the best early-stage tech scale-ups from every area of the UK.

They were selected by a panel of more than 50 judges based on their value proposition, competitive advantage, market traction, team experience and potential to scale.

This year’s Scotland Regional Winners are: Kythera AI, Grant MacCusker CEO with Letting Cloud, PolyDigi Tech, Gigged.AI and Know-it.

These companies will now be inducted into the Tech Nation alumni network, giving greater access to networking opportunities and the ability to learn from other early-stage tech businesses going through a similar scaling journey.

According to data from Tech Nation, Scotland is now home to four tech ‘unicorns’ – companies valued at over $1bn – up from three in 2020. The nation has also received $549m in venture capital investment this year, as of November – a 56% increase on the $352m received in 2020.

Tech job creation is also growing rapidly in Scotland, rising by 111% in the past year, from 34,636 tech roles in 2020 to 74,048 during the first half of 2021.