Brightpearl Named as Venture-Backed Management Team of the Year at the BVCA Awards

BVCA Awards 2018

2018 is shaping up to be a fantastic year for all of us here at Brightpearl HQ. First, we were shortlisted for the National Technology Awards and now, we’ve won the award for ‘Venture-Backed Management Team of the Year’ in the British Private Equity and Venture Capital Association (BVCA) Awards.

Now in their tenth year, the BVCA Management Team Awards recognize and reward exceptional businesses across the UK that are backed by private equity and venture capital investors, and that are reaching new heights of both innovation and growth.

These awards are highly coveted, seeing some of the country’s best known companies such as Skyscanner and On The Beach snap up previous awards.

Within the ‘Venture-Backed Management Team of the Year’ category, the judges were looking for companies that have demonstrated a particular focus on bringing new and highly impactful innovations to market, while achieving strong revenue growth in parallel with that.

Over the past year, we’ve sought to bring merchants the ability to automate their back office when using our centralized business management software; particularly with the launch of our workflow automation tool last year.

This has been combined with tremendous growth of a 75% increase year-on-year, fueling a 154% increase in revenue in the past 12 months alone, ultimately establishing us as one of the most prominent tech firms in the region.

Commenting on the accolade from BVCA, our CEO, Derek O’Carroll said:

“We’re delighted to win this award – it’s a very important external recognition of our ongoing success. Our investors have displayed exceptional support and vision throughout our journey, understanding the transformational potential of our platform for retail brands and wholesalers that are seeking a solution to automate their back office and take back control of their business.

“The culture at Brightpearl is one of energy, innovation and ambition. We are customer-first in everything we do. It’s fantastic that the commitment to our values, and our resulting growth and expansion over the past year, has been recognized by this award. It’s testament to the hard work of all of the team.”

Also commenting on this win, the BVCA judges explain:

“The changes made by Derek O’Carroll since joining in 2016 were particularly noteworthy, which have made Brightpearl a truly scalable model, as demonstrated by its recent turnover growth. A great integrated platform for mid-size retailers.”

We hope you can join us in raising a glass to this exciting news!