Scoota has been announced as one the Red Herring Europe award winners, recognizing Europe’s leading private companies and celebrating the innovation of technology startups’ innovations across their various industries.
Red Herring Top 100 Europe enlists outstanding entrepreneurs and promising companies. It selects the award winners from approximately 1,200 privately financed companies each year in the European Region. Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herring’s Top 100 list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring’s editors were among the first to recognize that companies such as Alibaba, Facebook, Google, Kakao, Skype, SuperCell, Spotify, Twitter, and YouTube would change the way we live and work. Thousands of the most interesting and innovative companies have graced the Top 100 list over the years.
“In 2017, selecting the top achievers was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “In fact, we had the toughest time in years because so many entrepreneurs had crossed significant milestones so early in the European tech ecosystem. But after much thought, rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Europe to the Top 100 Winners. We believe Scoota embodies the vision, drive and innovation that define a successful entrepreneurial venture. Scoota should be proud of its accomplishment, as the competition was very strong.”
James Booth, CEO and founder of Scoota, said “This is a great honour and we are proud to have our potential recognised by Red Herring, particularly in the light of such companies and technologies that made this year’s list so strong. What an amazing peer group.”
Thousands of the most interesting and innovative companies have graced the Top 100 list over the years.
Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, overall business strategy and market penetration. This assessment was complemented by a review of the track records and standings of similar startups in the same verticals, allowing Red Herring to see past the “hype” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Europe.
Following Scoota’s well-deserved win, we are invited to showcase our company and the work we are so proud of to the US market at the Top 100 North America event in June and later compete internationally for the Top 100 Global in November. Scoota looks forward to partnering with Red Herring for further success and innovation. And we’re very chuffed.