- CitNOW ranked among Britain’s fastest-growing tech companies
- Automotive video innovator named among tech elite for third consecutive year
- Platform continues to grow with the backing of Tenzing Private Equity
CitNOW, the leading name in automotive video, has secured its place in the Sunday Times Hiscox Tech Track 100 for the third consecutive year.
The automotive video specialist now ranks as the 95th fastest-growing tech company in Britain as the benefits of video continue to resonate with the automotive retail industry.
Ranking the fastest-growing privately-owned tech companies in Britain, the Sunday Times Hiscox Tech Track 100 analyses the three-year growth patterns to measure sustained growth.
With impressive long-term growth – reporting a 41% growth in sales in the last year alone – CitNOW joins an exclusive list of tech companies to be named in the Tech Track 100 for three consecutive years.
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Now an industry staple, automotive video has flourished thanks to CitNOW, which works with 43 top manufacturers.
Alistair Horsburgh, CEO of CitNOW, commented: “To be listed in the Tech Track 100 for the third year in a row demonstrates just how crucial video has become to the automotive retail industry – it is no longer a disruptor but a lynchpin for hundreds of businesses across Britain’s automotive industry and beyond.
“In the age of the digital sale, building trust, transparency and a truly personal buying experience can transform a business. Video has become essential to delivering that in the automotive retail industry, and its importance will only continue to grow.”
CitNOW currently works with more than 40 vehicle manufacturers around the world and is present in 50 countries. With the support and backing of Tenzing Private Equity, who invested in March 2018, CitNOW plans to accelerate sales growth and develop new products.