The Financial Times ranks Oxylabs High Among Europe's Long-Term Growth Champions

Building for the long run from the start

The ranking covers a 10-year period, starting with 2015, the year Oxylabs was founded. Public web data access automation existed more as a niche technology than a business category. With little guidance or shared standards and even less knowledge or trust from the rest of the world, the startups building such tools were hardly even considered as capable of long-term growth. The question was rather whether there would even be an industry for these companies in 10 years. 

Building a business meant making sure it would. From working out best practices and standards that protect customers, partners, and the entire web ecosystem to co-founding the Ethical Web Data Collection Initiative, Oxylabs spearheaded efforts to set a responsible course for the industry.

With growing recognition of public web data as essential in e-commerce, cybersecurity, and many other industries even before AI, the gap between responsible providers and those who cut corners became more evident. As scrutiny exposed bad actors and business liabilities, the web data access industry became clearer. For some, it meant being left behind as the industry grew. For Oxylabs, it was another boost.

By the time the AI wave started rolling, Oxylabs had one of the most capable web access infrastructures ever, a reputation for reliability, and a track record to make it the top-of-mind choice.

In 2025, the last year covered by the ranking, Oxylabs provided premium web data solutions to over 15,000 customers and enabled some of the most demanding projects of world-leading enterprises and AI labs.

Growth and impact beyond revenue

Revenue results, highlighted by the ranking, matter, but they tell only part of the story. The next chapter is about how the money is spent. In Oxylabs' case, it was reinvested in product development, people, and carefully chosen acquisitions of Webshare and ScrapingBee. It also let Oxylabs advance the public good through charity and initiatives like Project 4β, providing web access infrastructure and know-how free of charge to support those working in the public interest.

Throughout its first decade, Oxylabs was fully bootstrapped and profitable. As its impact grew beyond one company, the ecosystem forming around it drew its first outside investment. Valued at $3.6 billion, the highest globally for the public web data space, the ecosystem initiated by Oxylabs and made possible by its stable growth took on its own name and identity as Source. Powered by Source, independent data companies continue to make web access possible, covering different kinds of users and needs.

Ready for the future

The FT ranking puts Oxylabs in the “IT and software” category, where it ranks 3rd in Europe for 10-year growth. In categories native to Oxylabs, such as automated public web access and AI data infrastructure, Oxylabs is number one without competition. 

As AI agents become the web's most active users, Oxylabs is building the access layer they rely on. With the world’s largest ethically sourced infrastructure of 177M residential IPs and 160 patents, it is well-positioned for further growth. 

The company’s flagship product leading into this next era is Oxylabs Web API, a single, agent-ready interface that lets AI applications reach the live web and pull back clean, structured data through one connection. The demands of the agentic web era call for optimizing capabilities and how access is enabled to let businesses move fast without compromising on standards. Web API answers this call and, by providing reliable access to customers, lays the foundation for Oxylabs' future growth.

A milestone for Lithuania

A Lithuanian company ranking so high among European growth champions honors the progress of the entire national tech scene. Over the last few decades, Vilnius has transformed into a vibrant startup hub and has grown its influence as steadily as Oxylabs. The ranking speaks to the viability of this emerging tech capital and invites Europe and the world to follow closely the innovative, global companies Lithuania keeps producing.

The complete Europe's Long-Term Growth Champions 2027 ranking, compiled by the Financial Times with Statista, is available here.