Sold
OkinawaEnterprise innovation and UX agency with clients in energy and AI
Oil & Gas, Utilities
Texas
Est. 2019
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$2.5M
Revenue (2023)
$1.8M
EBITDA (2023)
$375K
EBITDA Multiple
6x
Founded
2019
Client Mix
0% B2B / 100% B2C
About This Agency
This is an Austin, Texas (with a presence in Amsterdam and Japan) based digital product agency that works exclusively in the energy industry and excels at Marketing, Product Strategy and User experience. 100% of their client contracts are retained ranging from $30k all the way up to $2.0m+ and include renowned B2B brands such as Shell, Haliburton, EOG, Constellation and NTT. The company employs 10 people full-time and an additional 15 freelancers. Recent projects include Governance of program management for Data companies and new drone technologies.
Revenue History
EBITDA History
Service Breakdown
UX Design50%
Research30%
Others20%
Industry Focus
Oil & Gas50%
Utilities30%
Emerging Tech and AI20%
Revenue Model
Retainer75%
Project25%
Key Highlights
- Strategy, user research, user experience design, mobile applications, IoT and other applied innovation areas
- Satellite offices in Amsterdam, The Netherlands and Tokyo, Japan
- Expertise in renewables, nuclear, utilities and AI.
- The owners are looking to expand their offering and client base through a sale process. They are keen to remain within the business.