2 Mar 2022

Project Agora Is Officially One of Europe’s Fastest Growing Companies

We are honored to announce that Project Agora has been named one of Europe’s 1,000 fastest growing companies by the Financial Times. Their annual FT1000 list places us at position 325 across all European companies – and 11th in the advertising category.

The FT list, now in its 6th year, is produced in collaboration with research firm Statista. It compiles financial performance data from the preceding four years (2017-2020), and ranks companies based on their Compound Annual Growth Rate (CAGR).

This methodology provides insight into the longer-term viability of businesses. As the list shows, our CAGR between 2017-2020 was 80.26%. Our revenue shot up from just over $3 million to nearly $20 million – and our team has more than quadrupled in size.

Recognizing ad-tech innovation

As the Financial Times note, the companies included in the list have shown great resilience in the face of unprecedented disruptions in the last two years. Project Agora is one of five companies in Greece included in the FT1000 – and one of only three based in Cyprus.

Our ongoing growth demonstrates that our mission – to Keep the Open Web Open – resonates throughout the industry and meets the growing needs of local media owners, advertisers and the Open Web.

A few company details for Project Agora

Project Agora launched in 2016 as a spin-off from one of the leading Digital Advertising & Marketing Technology groups in EMEA, ThinkDigital Group (TDG), with a vision to open up for local advertisers and media owners scalable and effective alternatives to grow their business.

Headquartered in Cyprus and with local presence in Athens, Patras, Bucharest, Budapest, Prague, Dubai, Riyadh, Cairo, Bogota and Sao Paulo, Project Agora employs 120 professionals and collaborates with more than 9,000 advertisers and 2,600 digital e-publishers and retailers in the rapidly growing markets of the EMEA and LATAM region.