parcelLab in the Financial Times FT1000 2021 ranking

parcelLab in the Financial Times FT1000 2021 ranking
Published on: Apr 3, 2021
Updated: Aug 18, 2022

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We are proud to announce that parcelLab is listed in the FT1000 2021 of Europe's fastest growing companies. Published by the Financial Times each year, we were ranked 73rd and 20th fastest growing German company.

In collaboration with Statista, the FT1000 ranking highlights the European companies with the highest organic revenue growth between 2016 and 2019, with parcelLab recording a growth rate of 1,529.4% over the three years. Technology remains the most represented industry in the FT1000, with parcelLab ranked 26th in this sector.

Since its launch in 2015, parcelLab has grown from a team of three to over 100 employees. The company has completed two fundraisings and more than doubled its revenues in 2020. As Europe's leading provider of Operations Experience technology, parcelLab works with over 500 brands worldwide, including Farfetch, Ikea and Nespresso.

Tobias Buxhoidt, CEO and founder of parcelLab said:

"We are delighted to be recognised by the Financial Times as one of Europe's fastest growing companies. It's a reward for the hard work of the entire parcelLab team and recognition of the environment in which we operate.

2020 has been a tumultuous time for retailers around the world, and solutions like ours are helping businesses differentiate themselves and create online experiences that match their customers' expectations. Communicating proactively has never been more important than it is today, and parcelLab enables brands to do just that.

This ranking comes at a special time for parcelLab as we accelerate our global expansion and launch new features in 2021. We look forward to seeing what the future holds and how the demand for Operations Experience will evolve.

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parcelLab was also recently named in the CB Insights Retail Tech 100 referencing start-ups reimagining the retail experience.

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