SnapStrat, founded in 2016 and headquartered in Oakland, California, is a technology company specializing in developing customized decision-making SaaS applications. The company's mission is to transform strategic decision-making processes by integrating data-driven insights and advanced analytics, enabling organizations to make informed and optimized decisions. SnapStrat's vision is to provide peace of mind to decision-makers through tailored applications that align with their unique business strategies.
SnapStrat focuses on delivering bespoke decision-making applications rapidly through its proprietary Fast Code Platform. This platform allows for the swift development of customized solutions that incorporate predictive analytics, scenario modeling, and machine learning algorithms. By immersing themselves in clients' business processes, SnapStrat ensures that each application is tailored to the specific needs and objectives of the organization.
As of 2024, SnapStrat reported a revenue of $566.9K, reflecting a significant year-over-year growth of 773.11%. The company has raised $2.5 million in funding to date. In 2020, SnapStrat initiated a crowdfunding campaign with a valuation cap of $6.5 million, aiming to raise between $25,000 and $750,000. The funds were intended for market expansion, product development, and customer success initiatives.
SnapStrat's technological platform is distinguished by its ability to rapidly develop customized applications through the Fast Code Platform. This platform integrates predictive analytics, scenario modeling, and machine learning to optimize strategic decisions. By leveraging existing data and continuously collecting outcome data from decisions made within the applications, SnapStrat enhances the decision-making process over time.
The leadership team at SnapStrat comprises experienced professionals with extensive backgrounds in technology and strategy:
- Jonathan Stern, Founder and CEO, brings over 25 years of experience in consulting at the intersection of technology and strategy. He founded SnapStrat to harness the potential of integrating these domains to transform decision-making processes.
- Francis Upton IV, Co-Founder and CTO, has 30 years of experience in software development, architecture, and management. Prior to SnapStrat, he sold his previous venture to Talend and founded their architecture group, bringing a robust technological vision to the company.
- Alan Scott Becker, Chief Product Officer, has led business operations functions in Fortune 500 companies and excels in building empathetic relationships with customers grounded in deep business understanding.
SnapStrat has established strategic partnerships to enhance its market position and innovation capacity:
- Global Business Counseling: A multi-disciplined solutions provider that introduces tools and expertise to achieve sustainable growth.
- Israel Tech Hub Brasil: Connects Israeli startups to Brazilian corporations, offering a comprehensive business development structure with specialized partners for qualified access to the Brazilian corporate market.
- Corpus: Assists companies in designing future-ready business environments to facilitate clear decision-making and optimal performance.
- Intellectus Consulting: Focuses on building core pharmaceutical strategic marketing capabilities for brand teams and marketers.
In the strategic planning and execution software market, SnapStrat faces competition from several companies:
- Workfront: A cloud-based enterprise work management solution that helps teams manage projects and workflows efficiently.
- Perdoo: Offers goal management software designed to turn strategies into measurable results.
- Profit.co: Provides a comprehensive solution for defining and tracking Objectives and Key Results (OKRs) across organizations.
- Rhythm: Delivers software for strategy execution, focusing on aligning teams and tracking progress.
- Peoplebox: Implements OKR tools to drive business results with simple-to-use software and native integrations.
SnapStrat's strategic roadmap includes expanding its market presence by leveraging its customizable platform to address a broader range of strategic decision-making needs across various industries. The company aims to strengthen its partnerships and continuously enhance its technological capabilities to maintain a competitive edge.
