UPDATE 13 June 2011: This list has been retired after YouNoodel stopped service the links, sorry guys]
Welcome to the TechCrunch Europe Top 100. This is a regularly updated Index of the most innovative and highest-potential European tech companies. The Index is focused on mobile and web companies, although Cleantech and gadget companies will have a presence on the list, which covers the EMEA region. The index has been created in association with startup tracker YouNoodle Scores. The scores and rankings are based on a sophisticated algorithm using information pulled in from thousands of online sources about early-to-mid stage companies: traffic, mainstream media, funding information sources, the blogosphere, and other key factors. See below for more information.
3 February 2010
*A YouNoodle Score is a measurement, on a scale of 0 to 100, of a startup’s progress as an early-stage company. Typically, a 0-15 company is just getting started, a 30-60 company has experienced some very strong growth (through traffic, funding, or revenue), and a 90-plus company is a strong IPO or acquisition candidate. The score is based on a sophisticated algorithm using information from thousands of online sources: traffic, level of mainstream media coverage, funding, blogosphere activity, and other key factors.
More about this Index:
Why create this list?
We wanted to use a data-led approach to create a list of the most innovative and highest-potential European tech companies. This will help throw light on the European companies that are generating strong, genuine progress. The list will be updated over time. In addition, TechCrunch Europe will profile one or more of the companies in the index monthly to check up on their progress.
How was it created?
TechCrunch Europe has partnered with YouNoodle to create the Index of the top 100 early-stage companies in Europe. The list is focused on mobile and web companies, although Cleantech and gadget companies will have a presence on the list. We’ve also used the broadest definition of “Europe” and the wider region to include the Middle East and Northern Africa, often referred to “EMEA”.
What is the data you use to create the score based on?
YouNoodle’s scores and rankings are based on a sophisticated algorithm using information pulled in from thousands of online sources: traffic, mainstream media, funding information sources, the blogosphere, and other key factors.
How can the score be influenced? Can it be “gamed”?
The scores are mostly based on verified facts, so it’s difficult to “game”. We have detected a few anomalies where startups were being overvalued, and each time we update the design to accommodate that.
If my company is in the list, how can I get it rated higher?
Build value for your company! This is in the form of whatever is most valuable to your business in the short and medium term – possibly traffic, funding, revenue, partnerships, key hires, or major media coverage. Keep in mind that the algorithm for scores is specific to an industry, and in some cases location as well.
If my company is not on the list, how can I get it on the list?
If you’re doing well we’ll probably find you :-) Ensuring your company is listed on CrunchBase and YouNoodle will speed up that process. If you think we’re missing something, want to recommend a company, or have any questions, feel free to get in touch with Kirill over at YouNoodle via kirill[AT]younoodle.com