Lumo Analytics was Listed on Deloitte's Technology Fast 50 2025

The Deloitte Technology Fast 50 Finland ranks the fastest-growing technology companies in Finland, both public or private, based on percentage sales growth over four years, from 2021 to 2024, as reported in official financial statements.

The criteria for the nomination are that the company has to be in business for minimum 4 years, the company is headquartered in Finland and it has sales of minimum 50 000 EUR in 2021 and minimum 100 000 EUR in 2024.

This award is based on a broad definition of a technology company. Company has to have either innovative technology solution developed in-house or it has found innovative way to use existing solutions. Lumo Analytics fits to the listing, as we have developed a novel LIBS based technology and software for core logging. In Deloitte’s definition Lumo Analytics is considereds as a software company.

Lumo Analytics was ranked seventh on this listing, with growth rate of 1717% during four years.

”In the middle of all the rush and effort, you don’t always stop to realize how much we’ve actually achieved during these years“ Says Antti Kotanen, CEO and founder of Lumo Analytics.

The other founder, CTO Lasse Kangas adds that “It is really nice to get recognition for the work you have been doing”.

Lumo Analytics has continued its growth and made remarkable R&D investments in 2025, and will do so also in 2026. Let’s see how the next Deloitte listing turns out.