Snap Analytics: Riding the Data Wave to Exponential Growth

Bristol’s Snap Analytics skyrockets from two-person startup to multi-million-pound tech powerhouse, bolstered by early Innovate UK Business Growth support.

Snap Analytics, a leading data and AI consultancy based in Bristol, is marking an extraordinary phase of rapid expansion, having evolved from a two-person start-up in 2020 to an industry powerhouse employing over 150 people. This remarkable expansion positions Snap Analytics as one of the fastest-growing companies in the South West tech sphere, a success story that saw early foundational support from Innovate UK Business Growth.

Snap Analytics was founded on the goal of helping businesses unlock value from their data, an increasingly complex challenge in a world of disconnected systems and an overwhelming glut of information. Snap Analytics’ Group CEO David Rice highlighted the simple challenge at the core of the business:

"Businesses really struggle to connect data and get insights from across the organisation.”

David Rice, Group CEO, Snap Analytics

With the challenge in sight, Snap Analytics launched in 2020 as a business specialising in data platforms and engineering, helping organisations tackle core data challenges such as enabling growth through data-driven strategies, to supporting informed decision-making and navigating complex and regulatory landscapes.

Following the explosion of AI , Snap Analytics has been at the forefront, helping clients leverage AI, Generative AI and Machine Learning (ML) capabilities to create value. Snap Analytics’ focus for their clients is on building robust data platforms that set them up for the future. According to David, "AI is at the forefront of every single conversation we have now."

Surging forward on the rapid rise of AI, Snap Analytics’ growth has been phenomenal. With year-on-year growth estimated between 130% to 140% this year. This trajectory has led to the creation of over 150 jobs, solidifying Snap Analytics as a source of pride in the South West.

Culture and customer-centric approach drive success

Snap Analytics’ growth trajectory is driven by a powerful blend of strategic alliances, customer-first thinking, and a vibrant internal culture. As recognised partners of leading cloud-native data platforms; including Snowflake, Databricks, and Matillion, Snap leverages cutting-edge technologies to deliver impactful client solutions. Their deeply embedded customer-centric approach is reflected in long-standing relationships across diverse sectors such as manufacturing, consumer packaged goods, financial services, and energy. At the heart of it all is a strong company culture that defines who Snap is from the inside out, shaping how they collaborate, innovate, and grow.

"Our culture has been crucial to our growth because people enjoy working with us", David explained. "Our existing customers appreciate our genuine care and collaborative spirit, leading to repeat business and referrals. Snap Analytics emphasises the simple value of just showing up in our work and being “Nice”. Respect, positive collaboration and elevating each other and our clients is a core part of who we are.”

Early foundations with Innovate UK Business Growth

Innovate UK Business Growth was pleased to deliver hands-on, bespoke support during Snap Analytics’ early journey, led by Innovation and Growth Specialist, James Snelgrove. This included a referral to a West of England Combined Authority (WECA) grant where Snap Analytics secured £15,000. This grant was instrumental in funding website rebranding activities, significantly improving their online visibility and presentation.

Snap Analytics also benefited from business strategy support workshops that helped them frame their current position, focus on key areas, and identify and address potential risks and issues.

“The support from Innovate UK Business Growth helped us to frame where we were at and what to focus on, what not to focus on, and what risks and issues we needed to address and solve.”

David Rice, Group CEO, Snap Analytics

Snap Analytics continues to actively focus on maintaining its unique culture even amidst rapid expansion, understanding that these values are fundamental to their ongoing success. As the company continues to grow, Innovate UK Business Growth looks forward to following their progress and offering support as they reinforce the South West’s flourishing tech sector.