STRAT7 Reports 48% Increase in 2023 Revenue

London-based insight and analytics group STRAT7 has reported a 48% increase in revenues to $76m for the fiscal year 2023, ended 30th June. This follows US office openings and acquisitions, with US-based clients now accounting for almost half of the group's global revenue.

STRAT7 was founded in 2019 by insight and analytics agencies ResearchBods and Bonamy Finch, together with start-up LiFE. Last month, the firm launched a 'customer centricity assessment' tool called Path, to assess clients' ability to anticipate the changing needs of their customer base, rather than simply reacting to change.

In the past year proforma revenues were $80m with double digit organic growth. The group has invested in its US business, with the opening of new offices in New York and LA, and the appointment of several execs in the region. The group has also acquired Rainmakersand Jigsaw.

CEO Barrie Brien (pictured) comments: 'Our position as a technology-enabled data and insight-led advisory group means we can truly help multinational clients understand, predict and act on change. We are well-positioned to maintain this momentum, with a particular focus on building our physical presence in the US as the next stage in our growth plans'.

Web site: www.strat7.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.