Global B2B tech marketing and PR agency, Fox Agency, has reported a record year of growth after posting revenues of £6.5m.
This represents a year-on-year increase of 21% for the financial year ending October 2023, with a reported 94% increase in profit for the agency, which has locations in London, Leeds, Düsseldorf, and New York.
The results are attributed to a combination of factors including the achievement of several key milestones in its five-year growth plan. The agency launched into the US and German markets, opening offices in Düsseldorf and New York. It expanded strategically important capabilities with 15 new hires and five internal promotions across PR and media relations, analyst and investor relations, strategy and planning, video production and 3D, as well as organic and paid performance marketing.
Significant growth was also realised across Fox Agency’s client base, welcoming 11 new clients to the business, including PHINIA, Tesa, Gamma and OVHcloud, and expanding its remit across global B2B tech accounts.
Ben Fox, CEO at Fox Agency said: “Global B2B tech firms are increasingly seeking strategic consultancy, creativity, and commerciality from agency partners – this is where our brand and demand proposition really comes into its own and supports accelerated growth.
“The last 12 months is testament to the expertise, experience, and commitment of our amazing team. In 2024 we plan to go even further and faster.”