Celebrating its 25th anniversary, design consultancy expands service offerings and welcomes a new board of directors
INDIANAPOLIS, Feb. 28, 2023 /PRNewswire/ — Studio Science, a leading design and innovation consultancy, today announces a growth capital investment from Inoca Capital Partners. Studio Science will use the funds to support the expansion of its core design and consulting practice areas and the build-out of the company’s growing e-commerce experience business.
With continued participation from existing investors, the investment will allow Studio Science to grow new lines of business focused on designing, implementing, and supporting Salesforce Commerce Cloud experiences for businesses. These commerce-related service lines have grown by 200% over the past two years.
“Studio Science is defining what a modern, people-centric design consulting partner will be in this new era dominated by experiences,” said Chris Sheffert, Managing Director and Founder Inoca Capital Partners. “The company’s unique combination of design and technology – along with their new services focused on Salesforce Commerce Cloud – have the potential to provide outsized value to businesses and capture a large piece of the multibillion-dollar creative/digital services and technology system integrator markets.”
The growth capital follows a period of change and acceleration for Studio Science. Over the past three years, the consultancy has more than doubled annual revenue and shifted a large portion of that revenue into the global enterprise, focusing on businesses in the Fortune 500.
“I have partnered with Studio Science across three companies: Salesforce, Genesys, and now Alteryx,” said Keith Pearce, CMO, Alteryx. “Each time, they have delivered world-class experiences to our customers, employees, and partners.”
Now with employees in 10 states, the company will retain its Monument Circle headquarters in downtown Indianapolis. “Indianapolis has been our home and the center of our growth for 25 years,” said Steve Pruden, CEO, Studio Science. “We will continue to harness the creative and technical talent in the city and are proud to call Indianapolis our headquarters.”
With the growth capital, Studio Science has a new board of directors to provide expertise and guidance as the company grows. It is comprised of members of ownership plus independent directors:
Additional board members will be announced in the coming months. Find the full announcement:
About Studio Science
Founded 25 years ago by Kristian Andersen, Studio Science is a modern design consultancy that works with industry-defining enterprise and technology companies to solve business challenges through design. We help our clients achieve remarkable growth by identifying opportunities to design better brand experiences, deliver better product experiences, and provide better e-commerce experiences. From brand design to visual communication, digital product design to e-commerce solutions, we are a consultative, creative partner and an extension of our client’s team. More at https://studioscience.com/.
SOURCE Studio Science