March 03, 2021
DiscoverCars.com Again in the FT 1000: Europe's Fastest Growing Companies
The company continues to experience record growth.
DiscoverCars.com is incredibly honored to once again be listed on the prestigious list of the fastest-growing companies in Europe compiled by the Financial Times. This time, we were the 231st company overall, the 4th in Travel and Leisure, and again the 1st in the Car Rental industry
Last year, we were 64th in Europe, 3rd in Travel and Leisure, and 1st in the Car Rental industry.
This year's list was compiled using revenue data submitted by each company. It lists the ones that saw the highest compound revenue growth rate between 2016 and 2019.
DiscoverCars.com had an absolute growth rate of 649.2% over that time, or a 95.7 compounded annual growth rate. Even more stunning is that we went from 3 employees to 60 employees in that time period.
Last year, we were 64th in Europe, 3rd in Travel and Leisure, and 1st in the Car Rental industry.
This year's list was compiled using revenue data submitted by each company. It lists the ones that saw the highest compound revenue growth rate between 2016 and 2019.
DiscoverCars.com had an absolute growth rate of 649.2% over that time, or a 95.7 compounded annual growth rate. Even more stunning is that we went from 3 employees to 60 employees in that time period.
This is in no small due to the extremely hard work of our now more than 80 employees hailing from more than 15 countries. Each one has invested their time and energy improving the car rental booking experience that millions of renters have now had.
We have continued to invest in our future growth during the coronavirus pandemic by investing in improving the booking experience for customers and adding new partners in locations throughout the world to give its customers the options that best fit them.
In the near future, we will announce even more ways in which we plan to continue to grow to make sure we land on the FT1000 again year after year.
DiscoverCars.com was named the Leading Car Rental Booking Website in the 2020 World Travel Awards and was a Silver Winner in the Online Travel Services Marketing-Website category of the Magellan Awards by Travel Weekly. It is also among the top 50 car rental websites by web traffic according to SimilarWeb.
We have continued to invest in our future growth during the coronavirus pandemic by investing in improving the booking experience for customers and adding new partners in locations throughout the world to give its customers the options that best fit them.
In the near future, we will announce even more ways in which we plan to continue to grow to make sure we land on the FT1000 again year after year.
DiscoverCars.com was named the Leading Car Rental Booking Website in the 2020 World Travel Awards and was a Silver Winner in the Online Travel Services Marketing-Website category of the Magellan Awards by Travel Weekly. It is also among the top 50 car rental websites by web traffic according to SimilarWeb.
About the FT1000
The FT1000 is compiled by the Financial Times yearly. It provides an extremely public acknowledgment of the companies in Europe that grow to become large companies not only in their industry but in Europe as a whole. The Financial Times itself is one of the most prestigious business publications in the world and is based in London.
Aleksandrs Buraks
Head of Growth at DiscoverCars.com
Aleksandrs has over 10 years of experience in marketing with a focus on creating stellar content that provides topical insights using data. Having taken five road trips across Europe and one in the U.S., he is passionate about traveling by car. His favorite countries to visit are Denmark and Thailand. You can find him on Linkedin, Facebook, and Twitter.