The latest funding round of £8.6m for global intelligence platform Atheneum, follows rapid growth of the business – achieving a 60% year-on-year revenue growth in the UK.
Atheneum’s London office has seen continuous expansion since opening in 2014, now making up 41% of the company’s global revenue. In an industry valued at over $5bn and a part of the global $200bn Information Services market, the UK is proving to be Atheneum’s most lucrative market.
Ammad Ahmad, Co-Founder and Managing Director at Atheneum said: “The investment in our technology will future-proof our platform as the leading source of expert knowledge in a wide range of industries such as consumer goods and services, healthcare and technology, to name a few. We fully understand the challenges our clients face when conducting primary research and Atheneum’s technology leverages the power of its network to unlock access to reliable and relevant information quickly and securely.”
Leonard Clemens of Crosslantic Capital, commented: “Atheneum is an agile, innovative and forward-thinking business and we’re excited to be a part of it. We always look for businesses that have the potential to become market leaders in their space and believe Atheneum brings a disruptive element to the world of market intelligence. The business has already revolutionized the sector and we feel there is huge scope for growth for Atheneum in the coming years.”