For the fourth year in a row, an American research company Clutch has published a rating of Top 100 fastest-growing companies on its platform. These companies showed the highest revenue growth rates from 2022 to 2023.

This year’s list included 26 startups from the CEE region with the majority of these companies coming from Poland (12), Ukraine (6), and Romania (4):

  1. Shaped Thoughts, a Polish API developer — 322.1% growth rate.
  2. Flying Bisons, a Polish UX/UI Design company — 252.1%.
  3. Devkit, a Polish Web developer — 247.1%.
  4. Empat, a Ukrainian mobile app developer — 158.4%.
  5. Ardura Consulting, a Polish PEO company — 104.2%.
  6. Artjoker Software, a Ukrainian software developer — 104.0%.
  7. IntelligentBee, a Romanian outsourcing company — 103.2%.
  8. Expert Allies, a Bulgarian IT staff augmentation — 102.2%.
  9. Thespian, a Croatian software developer — 101.8%.
  10. FxBits, a Romanian software developer — 99.5%.
  11. Havas Digital Kyiv, a Ukrainian video production company — 93.6%.
  12. Motife, a Polish recruiting firm — 90.3%.
  13. Clarity Ukraine, a Ukrainian ERP consulting and SI — 86.4%.
  14. IT SQUAD, a Polish big data consulting and SI — 86.0%.
  15. Advascale, a Latvian cloud consulting — 83.2%.
  16. Riseapps, an Estonian software developer — 79.7%.
  17. Innovation Software, a Polish software developer — 75.7%.
  18. Bit Adventure, a Polish wed developer — 69.7%.
  19. Winged IT, a Polish IT staff augmentation — 64.3%.
  20. Digitalya OPS, a Romanian software developer — 62.5%.
  21. iomico, a Polish IoT developer — 59.0%.
  22. Apzumi, a Polish software developer — 56.6%.
  23. Bits Orchestra, a Ukrainian software developer — 55.0%.
  24. Ragnarök Group, a Ukrainian IT staff augmentation — 54.0%.
  25. Droids on Roids, a Polish mobile app developer — 52.8%.
  26. eCommerce Today, a Romanian email marketing — 51.0%.

Here is the full list of companies in the 2024 rating:

Clutch
Image: Clutch

To determine the ranking, Clutch was provided with audited financial data, which was later compared in terms of absolute revenue growth rates from 2022 to 2023. The leaders of these fast-growing companies have a wide range of services including mobile app development, digital marketing, call center services, SEO, IT services, and more.

Companies included in the 2024 Clutch 100 are headquartered around the world, including the US, Canada, Europe, South America, and Asia.

About Clutch

For the past six years in a row, Clutch has been recognized as one of Inc.’s 5,000 Most Dynamic Companies as well as by the Washington Business Journal as one of the 50 Most Dynamic Private Companies in the DC Metro Area for 2023. It provides B2B services.