York IE Grows Advisory Service Practice 546% in First Year
Advisory services modules meet the varied needs of startups
MANCHESTER, NH / ACCESSWIRE / June 3, 2021 / York IE, a vertically integrated strategic growth and investment firm, today announced that its advisory services practice has increased client count by 5.5X and grown annual recurring revenue by nearly 7X since launching the service to all startups one year ago.
York IE portfolio companies and startups, including StackShare, BedRock Systems, iText, Finmark, WEVO and DataZoom, rely on York IE s advisory services. York IE services are centered around the company s vision that a one-size-fits-all engagement model doesn t work because each startup has unique challenges and needs. The services are available across three modules: Product and Market, Business Growth and Go-To-Market, and Marketing and Communications.
Covid first wave was more about fear and the second wave is more about numbers and the impact of it. How big could be the impact of the Covid second wave to the economy and demand and how different is it from the first wave?
The first wave was as much about fear as it was about tackling the unknown because a lot less was known about the virus, it’s is impact both on health as well as on the economy and actions that were taken were taken with significantly less information available than today. This time is different to that extent. Over the last six to eight weeks, we have seen more localised lockdowns rather than a full national lockdown like last time. To that extent, its impact on the economy will be lower.
"This whole process of reinvention every three to five years is what keeps us going. We will launch a combination of an app and web-based environment which will have a lending platform, digital platform, an insurance platform, an investment platform and an ecommerce platform. This will be launched in September-October. We are also working on health solutions with another business which we have recently launched in pilot mode called Finserv Health.”