IPXO Shortlisted at the UK Business Tech Awards

We’re proud to share that IPXO has been shortlisted at the UK Business Tech Awards – a recognition that means a great deal to our team and validates the work we’ve put in over the past year.

Who We Are

IPXO is the world’s leading IP leasing platform. We built a full IP infrastructure solution that combines global IPv4 supply with automation, reputation management, geolocation control, and RPKI/ROA tooling – helping businesses in every region and vertical grow safely and efficiently.

IPv4 address exhaustion is one of the internet’s most pressing infrastructure challenges, and IPXO was built to solve it. Today, our platform manages 15M+ IP addresses across 2,000+ customers in 184 countries. We didn’t just enter a market – we created one.

2025 was a landmark year for us. We closed with £23.02M in revenue, expanded our team by 44 new professionals (with a 93% probation pass rate), and welcomed Ramutė Varnelytė as our new CEO. We hit every major target we set – and then some.

The Work Behind the Nomination

One highlight of the past year is our new partnership with Virgin Media O2, one of the UK’s leading telecommunications companies.

The second is our work with Byteful (formerly Ping Proxies), a UK-based ethical proxy provider processing over 20 billion web requests per month. As Byteful scaled rapidly, managing hundreds of IP subnets across multiple brokers had become an operational bottleneck. By integrating IPXO’s REST API and leasing several hundred subnets through a single automated platform, Byteful achieved a 24% reduction in IP resource costs and 50% faster provisioning – compressing what had been days of manual coordination into minutes per month.

Both partnerships illustrate what IPXO is actually for: replacing fragmented, manual, broker-dependent workflows with scalable, automated infrastructure.

A Year of Hard Calls and Real Growth

Not everything in 2025 was straightforward. We made some deliberate, difficult decisions.

Data showed customers were dropping off during registration, so instead of shipping new features, we paused and rebuilt the entire onboarding flow from scratch.

Alongside that internal work, we entered Asia from a standing start –no customers, no partnerships, no prior presence. By year end, Asia accounted for 50% of all new customers acquired across 32 countries. The top markets included Hong Kong, India, China, the UAE, and Indonesia. This wasn’t the result of a targeted campaign. It was organic demand, confirming that IPv4 scarcity is a genuinely global problem – and that IPXO is the solution businesses in those markets had been looking for.

We also onboarded a number of significant enterprise clients in 2025 and into Q1 2026, including Nokia, GTT, Lovable, and Hostkey – names that signal growing recognition of IP leasing as mainstream infrastructure, not a niche workaround.

What This Shortlisting Means to Us

“Being shortlisted at the UK Business Tech Awards is a proud moment for the whole IPXO team. We’ve spent years building something genuinely new – not just a product, but an entirely new category of infrastructure software. To have that work recognised in this way, and alongside so many strong companies, means a lot. It’s also a reflection of our customers’ trust in us, and the partnerships we’ve built with organisations.” – Ramutė Varnelytė, CEO, IPXO

We’re a company that takes pride in doing things properly: hiring carefully, building with customers rather than assumptions, and making the unglamorous foundational decisions that most teams deprioritise. The shortlisting is a signal that this approach is working – and it gives the whole team something to celebrate.

If you’d like to learn more about what IPXO does, visit ipxo.com or IPXO LinkedIn.