Smarkets lists second on The Sunday Times ‘Tech Track 100’ index

The Sunday Times has ranked online betting exchange Smarkets as the second fastest growing UK private technology enterprise for its2017 Tech Track 100’ index.

The company which reported a 280% annual sales rise over three years was beaten to the top of the Sunday Times tech index by children’s ‘digital personalised book publisher Wonderbly.

Led by CEO and Founder Jason Trost, the Smarkets exchange platform which has bridged financial trading dynamics with sports betting, has hit £5 billion in wagers with a reported £25 million in group revenues for full-year 2016.

The fast growth trajectory of Smarkets (officially founded in 2008), has seen the company recognised as one of the UK’s brightest technology prospects. In 2016, The Sunday Times ranked Smakerts fifth in its Tech Track 100 index, furthermore, the betting exchange has been recognised by global tech publisher Wired as one of Europe’s ‘100 Hottest Start-ups’.

Speaking to the media a pleased Jason Trost, Smarkets CEO, commented on the recognition: “The Tech Track 100 is a prestigious ranking of rapidly-growing tech companies, so it’s great to see our name so high up and above last year’s position.

“2016 was another great year of growth for us as we pursue our goal of disrupting the betting industry with a tech-first focus.”