Why Leeds-based Crisp has been praised by Government for keeping people safe online
Leeds-based tech firm Crisp has featured in a new report for the Department for Culture, Media and Sport (DCMS) which both claims the UK as the world leader in online safety innovation and highlights the important role Crisp is playing in the safety tech sector.
The report, Safer Technologies, was produced independently and highlights significant growth within the sector.
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Hide AdThe number of dedicated online safety firms has doubled in the last five years and investment increased more than eight-fold in 2019, making it a record year.
Crisp is headquartered in Leeds city centre and works with some of the biggest brands in the world to protect them online from false information.
Its global team of experts specialise in linguistics, reporting, psychology, data protection, law and regulation, to provide comprehensive weaponised social communications defence.
The report reads: “Crisp contributes to the safe, daily online experiences for over two billion users (covering an estimated 400 million children) across the globe.
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Hide Ad“Since its establishment, Crisp has secured over £30m in external investment, and continues to rapidly expand while proudly keeping its roots firmly in Yorkshire.”
Adam Hildreth, CEO and co-founder of Crisp, said: “We started Crisp in 2005 with an aim to make the internet safer for children and teenagers using online games and social networks.
“Since then, we’ve grown our services to help firms, brands, publishers and social platforms all across the world manage their online safety.
“We’ve always been active in helping the UK government shape a safer online world and we’re pleased that we’ve been highlighted as a UK success in this report.
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Hide Ad“Although over 85 per cent of our revenues and clients are from outside the UK, the vast majority of our staff and all of our technology is in Leeds.
“We’re proud to be part of a fast-growing and important UK tech sector, helping to keep people safe.”
Elsewhere, the main findings of the report are:
- UK safety tech providers currently hold an estimated 25 per cent of the global market share.
- In 2019, the sector generated £226m in annual revenues, and has grown rapidly with an estimated 35 per cent annual growth rate since 2016.
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Hide Ad- Some of the most established companies (those earning in excess of £5m) have grown at rates of up to 90 per cent a year, and the report estimates that safety tech revenues could exceed £1bn by 2025.
In addition, the report’s authors anticipate the UK is likely to see its first safety tech unicorn (a company worth over $1bn) emerge in the coming years.
Minister for Digital and Culture in the DCMS, Caroline Dinenage, said: “We are all spending more time online during the pandemic and this new report shows the value the Safety Tech sector could add as we look to power growth out of it.
“Its innovative products, many of which are developed in towns and cities across the country, are being used globally to help companies make their online platforms safer.
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Hide Ad“The Government is leading the world developing online harms laws and it’s great to see our brilliant British tech industry is part of the solution.”
Established in 2005, Crisp began protecting children and teenagers using online games and social networks from online harms. Today it works with multiple blue chip companies to do the same.