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Fast 50 recognition opens doors for island of Ireland’s tech companies

The importance of an independent third-party ranking for the fastest growing tech companies in Ireland

“Winning the Deloitte Fast 50 was a pivotal moment for Swoop. We were growing quickly, and the recognition gave us national pride and international credibility. It opened doors to investors, validated us with partners, and gave our team a real boost,” says Andrea Reynolds, CEO of Swoop, a company that helps businesses access loans, grants, and equity funding. Swoop ranked as the fastest growing technology company in the 2024 Deloitte Ireland Technology Fast 50 Awards.

The awards have been running for over a quarter of a century, recognising the 50 fastest growing technology companies and celebrating innovation and entrepreneurship in Ireland’s indigenous technology sector.

"Deloitte’s Fast 50 is a household name in the Irish technology sector and it’s respected by the investor community, both in Ireland and on the global stage, so it opens doors for companies associated with it."

James Toomey, Partner at Deloitte Ireland

James Toomey, the Deloitte partner who leads the programme, points out that there are a wide range of benefits for companies who take part in the awards.

“It gives companies an impartial, third-party ranking, a benchmark of where they stand in the Irish tech sector,” adds James.

“It’s also a great way to raise the profile of the company. This can be particularly helpful for younger businesses, who may not have had enough time to develop a strong national or international profile yet.”

Andrea agrees, “For me, the most meaningful part was knowing it helped more businesses find us. That means more founders getting the funding they need to grow - and that’s why we do what we do. As a female founder, it was also powerful to be part of a platform that celebrates bold, high-growth companies.”

An important innovation, says James, is the recent creation of an Alumni Group, which gives past participants the opportunity to network easily and bounce off each other across a wide variety of topics. “Most of them are facing the same challenges in terms of scaling or breaking into specific markets, so it’s inevitable that someone in the network will have been down that path before.”

The next Technology Fast 50 Awards are happening on 27 November 2025 where we’ll celebrate the next 50 fastest growing technology companies – watch this space!