The list prepared by the Financial Times included the technology company 1950Labs, which is based in Montevideo and Boston, for its performance between 2019 and 2022.
He Financial Times developed a ranking of the 500 companies that grew the fastest on the American continent, based on their declared returns between 2019 and 2022, and a company from Uruguay managed to enter the list along with large international firms.
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Although the ranking is mainly made up of companies from USA and of Canada —in fact, the first occupies the first 20 positions on the list prepared by the specialized economic media Financial Times —the fifth edition of America’s Fastest Growing Companies—with the telephone marketing firm Marketcall in first place—some Latin American companies also managed to be included among the organizations that grew the fastest.


Those that reached the highest were the Colombian technology company Simetrik in 39th place and Argentina Saphirus, dedicated to creating air fresheners in place 44.
But Uruguay It also made a stellar appearance in the ranking, whose top 5 was completed by the cannabis products manufacturer. MC Global, the seller of nutritional supplements Thesis, the e-commerce service provider myFBAprep and the provider of health educational materials Archer Review. Is about 1950Labs, which obtained 279th place.
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The Uruguayan technology company 1950Labs entered the Financial Times ranking at number 279.
1950Labs, a Uruguayan company in the United States
According to the ranking of Financial Times, 1950Labs It had a growth of 138% and an annual growth rate of 33.55%. This gave it 279th place on the list, just below half, and the honor of being the only Uruguayan company on it.
Founded in 2016, the company is a technological that poses “a alternative to hiring from a freelancer or a contractor in the US market, providing a similar service experience at a reduced price,” as presented in the incubator Ingenuity. Its services include professional additions of technical capacity, fluid communication and work schedule, among others; and the company has 56 employees,
Likewise, it is based in Montevideo and in Boston, USA. Its CEO is Leonel More.
Source: Ambito