SFU Beedie alumnus wins Tech Entrepreneur of the Year in the UK

SFU Beedie School of Business alumnus Parry Malm is the United Kingdom's tech entrepreneur of the year, and his company, Phrasee, is the best new business. 

Malm received the honours on Nov. 11 at the inaugural U.K. Business Awards in London, England. He is co-founder and CEO of Phrasee, an artificial intelligence marketing technology company based in London. 

Launched in 2015, Phrasee uses artificial intelligence to write marketing language by combining natural language generation and machine learning. Recently, Phrasee closed a £1-m seed funding round, led by Next 15 plc. This marked the first venture capital investment in the U.K.’s technology sector after the Brexit referendum.

“I’m humbled to be selected as the U.K.’s top tech entrepreneur for 2016,” says Malm. “It’s a testament to one thing, and one thing alone—my ability to surround myself with awesome people and this trophy is reflective of their talent, not mine.”

Companies were judged based on customer insight, creativity and innovation, business impact and proven ability to deliver outstanding results.

“Given that it is Global Entrepreneurship Week, I’m incredibly proud to receive these awards,” says Malm. “London’s tech economy is galvanising the country’s confidence, and we’re proud to be trailblazing the U.K.’s path towards entrepreneurship and tech innovation.”

The Malm family has a history of supporting innovation in the community.

As an SFU business student, Parry was awarded the 2004 Terry Fox Humanitarian Award for his volunteering efforts at Innervisions Rehabilitation Society. His father, Howard, earned his PhD from SFU and founded the Dr. Howard Malm Graduate Award in Physics.