New office establishment in central London by Everymatrix
Seventeen years post its establishment in the UK capital, EveryMatrix has reclaimed its roots by opening a fancy new office in central London. Located on the 25th floor of the HYLO, a recently constructed 258,000 sq ft building in Old Street, this sleek, modern workspace is shared by various EveryMatrix teams, including members of its OddsMatrix sports platform division.
Nestled in the heart of Shoreditch, the HYLO, with its towering skyscraper, efficient podium levels, rooftop gardens, and public spaces, is one of London's most exciting new buildings. The office's prime location is a magnet for team members, many of whom joined following EveryMatrix's acquisition of FSB Technology last year.
A significant chunk of these newly minted EveryMatrix employees have played a pivotal role in launching the Group's new horse racing product. So, what's the big deal about this new offering? Born from scratch in just six months, the EveryMatrix racing product offers a smorgasbord of global content, 24/7 streaming, multiple bet markets, precise price management, and dynamic cross-product bonusing.
Designed to cater to the needs of core racing markets such as the UK & Ireland and South Africa, customers also reap the benefits of integration into EveryMatrix's platform technology, which promises improved scale, an unparalleled user experience, enhanced bonus options, and increased automation.
This London office is just one of the three new global locations EveryMatrix has welcomed in 2023, with Chang Mai in Thailand and Cebu in the Philippines being the other two. With this development, EveryMatrix now boasts 15 global offices employing over 1,400 employees.
Since last March, the company's workforce has increased by 40%, making space for its 1,001th employee while simultaneously inaugurating an eco-friendly office in Bucharest. The organization's CEO and Co-Founder, Ebbe Groes, shared his excitement, reflecting on the company's past and expressing optimism about its future.
We've come a long way since Stian [Hornsletten] and I co-founded the business in 2008[1]. This new venture is a testament to our unrelenting growth and commitment to our birthplace.
The new office is simply breathtaking, offering our London teams exceptional working conditions, various perks, and London's quintessential central location.
Our journey doesn't seem to have any end in sight, and this new UK location underlines our fervent desire to carry on growing while catering to premium, tier-1 customers in one of Europe's most alluring cities.
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Insights:- EveryMatrix is a prominent iGaming technology platform supplier founded by Ebbe Groes and Stian Hornsletten in London in 2008[1]. Currently operating with over 1,400 employees across 15 offices in 15 countries[3], the company has recently opened a new office in central London, marking its return to its roots[2][4].
- EveryMatrix achieved €54 million in net revenue and €28 million in EBITDA during the first quarter of 2023, signifying significant year-over-year growth[5]. However, details on the company's new offices in Thailand and the Philippines were not mentioned in the provided data.
- EveryMatrix, having returned to its roots, now houses several teams in a modern workspace on the 25th floor of the HYLO building in Old Street, London.
- The HYLO is one of London's newest buildings, featuring towering skyscrapers, rooftop gardens, and a prime location that attracts employees, such as those who joined following EveryMatrix's acquisition of FSB Technology last year.
- The opening of this new office in 2023 is part of EveryMatrix's continuous expansion, which also includes new locations in Chang Mai, Thailand, and Cebu, Philippines, employing over 1,400 employees in total.
- The CEO and Co-Founder of EveryMatrix, Ebbe Groes, expressed delight about the growth of the company, noting that the new London office offers exceptional working conditions and underscores their commitment to serve premium, tier-1 customers in London.
