This hypergrowth, as defined by the World Economic Forum, puts the firm on track to reach £12 million in revenue by June 2025. The surge in business attributed to the combined impact of new clients across a variety of sectors, including energy, pharma, telecoms and financial services, as well as the organic growth of existing projects.

In addition to financial growth, Optima has almost doubled its team over the last 18 months. As part of its growth plan, it hopes to further expand its workforce to more than 200 in the next three years. The firm recently celebrated the launch of two additional offices in London and Bristol, enhancing its service provision to clients across Europe.

In March last year Optima formally launched bioXcelerate, its health data science division. With three different products separately licenced to the pharmaceutical industry, bioXcelerate harnesses the power of large-scale data analysis to significantly reduce the time it takes to develop new and effective drug treatments.

Since its launch, bioXcelerate has doubled its blue-chip pharma client base and continues to grow its Pleiograph drug discovery platform.

Alan Crawley, CEO at Optima Partners, said: “Growth in the accessibility of data has the potential to unlock a significant amount of latent value, allowing business leaders to make smarter, better-informed decisions.

“Advanced AI, machine learning, Gen AI and engineering are all extremely valuable tools but, without the right mix of expertise, they can also prove little more than expensive distractions. 

“People are the most important part of any business and the driving force when it comes to achieving sustainable growth. Our holistic approach brings human skills, data driven processes and the latest technology together to help our clients achieve greater impact for their customers.

“Our success shows combining subject matter expertise with an AI led approach can help teams evolve faster, work smarter and achieve greater impact. This growth marks an exciting milestone in our progress, and, over the next 12 months, we look forward to continuing to help our community of existing clients, as well as organisations we’re working with for the first time.”