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Ranking of the fastest-growing and sustained-growth B2B providers includes twelve Ukrainian IT companies

The US research company Clutch has published the rankings of the fastest-growing IT companies, as well as outsourcing companies with the most sustainable growth. The list of the 100 fastest-growing B2B providers includes five Ukrainian companies, while nine show up amongst the top 100 sustained-growth companies. Some companies are on both lists.

About the rankings

Clutch is highlighting the 100 fastest-growing companies and the top 100 sustained-growth companies. The 100 fastest-growing companies rank is based on their absolute revenue growth rate from 2019 to 2020, while the top 100 sustained-growth companies rank is based on their absolute revenue growth from 2017 to 2020. To get to the top 100 sustained-growth companies list, they must meet these requirements:

  • Minimum revenue cutoff for 2017: $500,000
  • Minimum revenue cutoff for 2020: $500,000
  • Must have had a net positive gain in revenue from 2017 to 2020

Interestingly, over 50% of the companies have fewer than 50 employees, and nearly 10% have companies with over 1,000. 

Ukrainian fastest-growing companies

  1. WeSoftYou (Kyiv, Mobile App Development, Web Development), growth rate — 197.20%
  2. IdeaSoft.io (Kharkiv, Custom Software Development, Blockchain), growth rate — 67.22%
  3. Five Systems Development (Vinnytsia, Custom Software Development, Web Development), growth rate — 66.67%
  4. The Gradient (Lviv, UX/UI Design), growth rate — 61.38%
  5. Sombra (Lviv, Custom Software Development, Cloud Consulting & SI), growth rate — 49.92%

Ukrainian sustained-growth companies

  1. Computools (Kyiv, Custom Software Development, Web Development), growth rate — 350.01%.
  2. Sombra (Lviv, Custom Software Development, Cloud Consulting & SI), growth rate — 279.85.%.
  3. IdeaSoft.io (Kharkiv, Custom Software Development, Blockchain), growth rate — 244.15%.
  4. Relevant Software (Lviv, Web Development, Custom Software Development), growth rate — 170.73%.
  5. Mobilunity (Kyiv, IT Staff Augmentation, IT Managed Services), growth rate — 165.62%.
  6. Daxx (Kyiv, Custom Software Development, Web Development), growth rate — 126.94%.
  7. N-iX (Lviv, Custom Software Development, Cloud Consulting & SI), growth rate — 122.00%.
  8. ELEKS (Lviv, Custom Software Development, Cloud Consulting & SI), growth rate — 105.92%.
  9. WEZOM (Kherson, Custom Software Development, Web Development), growth rate — 100%.

Also, the US company Waverley Software with R&D offices in Kharkiv and Lviv was included in the sustained-growth companies list. The company showed a growth rate of 100.09%.

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