In the finalists list there were 265 businesses and the top 5 countries with more companies participating were United Kingdom with 47 companies (17.7%), Netherlands with 28 companies (10.6%), Israel with 28 companies (10.6%), Spain with 23 companies (8.7%) and Germany with 22 companies (8.3%).
April 13, 2016, Amsterdam, Netherlands 21:00 Red Herring announced its Red Herring Top100 Europe Award Winners this evening at the Top 100 forum, recognizing Europes leading private companies and celebrating these startups innovations and technologies across their respective industries.
Red Herring Top 100 Europe enlists outstanding entrepreneurs and promising companies. It selects the award winners from approximately 1,200 privately financed companies each year in the European Region. Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herrings Top 100 list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herrings editors were among the first to recognize that companies such as Alibaba, Facebook, Google, Kakao, Skype, SuperCell, Spotify, Twitter, and YouTube would change the way we live and work. Thousands of the companies most interesting and innovative companies have graced the Top 100 list over the years.
In 2016, selecting the top achievers was by no means a small feat,
said Alex Vieux, publisher and CEO of Red Herring.
In fact, we had the toughest time in years because so many entrepreneurs had crossed significant milestones so early.
But after much thought, rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Europe to the Top 100 Winners.
We believe Opennemas embodies the vision, drive and innovation that define a successful entrepreneurial venture. Openhost, SL, the company that created Opennemas, should be proud of its accomplishment, as the competition was very strong.
Red Herrings editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, overall business strategy and market penetration. This assessment was complemented by a review of the track records and standings of similar startups in the same verticals, allowing Red Herring to see past the buzz and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Europe.