Embark | Jotup

Business Advisory Firm Embark Announces Record $149 Million Revenue Year

Retrieved on:

Tuesday, January 23, 2024

Culture, Face, Organization, Embark, ESG, Growth

DALLAS, Jan. 23, 2024 /PRNewswire/ -- While many professional services firms reduced staff in the wake of 2023's economic volatility, business advisory firm Embark once again outperformed its industry peers, posting $149 million of total revenue. The record-setting figure represents 40.8% year-over-year growth and was the firm's sixth straight year of increased revenue, a span that also includes four years of triple-digit growth.

Key Points:

DALLAS, Jan. 23, 2024 /PRNewswire/ -- While many professional services firms reduced staff in the wake of 2023's economic volatility, business advisory firm Embark once again outperformed its industry peers, posting $149 million of total revenue.
"The professional advisory sector undoubtedly took a hit in 2023," said Clancy Fossum, CEO at Embark.
"Only a really unique business model with a strong culture and incredibly innovative people can thrive in the face of so much uncertainty.
"A lot of different things make Embark a very unique place in advisory, but none more than our culture – the firm's bedrock.

Embark Announces Leadership Transition: Amish Desai Appointed as Chief Executive Officer and Ryan Boyko to serve as Board Member

Retrieved on:

Friday, December 1, 2023

Growth, Genetics, DNA, Secrecy, Blue Apron, Management, Embark

Amish Desai, a seasoned executive known for his leadership in consumer retail across financial, retail, and strategic development areas, has been appointed as the new chief executive officer (CEO) and will join the Board of Directors.

Key Points:

Amish Desai, a seasoned executive known for his leadership in consumer retail across financial, retail, and strategic development areas, has been appointed as the new chief executive officer (CEO) and will join the Board of Directors.
Ryan Boyko, Embark's co-founder and CEO since the company's founding in 2015, will continue to play an integral part in Embark's future by serving on the Board.
Desai joined Embark as chief financial officer in July 2022 with a comprehensive background in finance and strategy across multinational public and privately-owned companies.
"We are thrilled to have Amish lead Embark's talented team," said Embark board member Matt Salzberg, co-founder and former CEO of Blue Apron.

Canadians can expect to pay an average of $75,387 for a 4-year university degree and residence next year.

Retrieved on:

Wednesday, November 8, 2023

Child, Education, Canada Education Savings Grant, Government, Student, CESG, CLB, Growth, RESP, Investment, Canada, Parent, Nursing, Tutoring, Birth control, Embark

The chart above is ranked from the most to least expensive province for an average four-year university degree and residence.

Key Points:

The chart above is ranked from the most to least expensive province for an average four-year university degree and residence.
When asked , 31 per cent of Canadian parents did not know enough to even guess how much an education now costs.
In high school, try putting a portion of a part-time or summer job pay cheque away as education savings.
Talk to guidance counselors and experts to learn more about different career paths, whether that is university or a trade school.

Embark MGA chooses DRC Insurance Platform for its property policy administration system to increase access to Homeowners Insurance in CA and AZ

Retrieved on:

Tuesday, October 17, 2023

Partnership, Risk management, Mobile home, Insurance, DRC, Growth, Policy, CIO, SAN, Online shopping, Embark

In the first phase of the partnership, Embark is migrating its Manufactured and Mobile Home insurance program (managed through its affiliate, King Insurance) onto the DRC platform.

Key Points:

In the first phase of the partnership, Embark is migrating its Manufactured and Mobile Home insurance program (managed through its affiliate, King Insurance) onto the DRC platform.
Manufactured, modular and mobile homes require a custom insurance policy, different from policies for traditional home construction.
King, part of the Embark MGA, is a leading specialty property managing general agency with 25 years serving the manufactured home insurance sector with both personal and commercial property insurance.
The system is rolling out in Arizona now, and agent engagement is following a similar pattern, furthering broadening access to King's insurance solutions.

Embark MGA chooses DRC Insurance Platform for its property policy administration system to increase access to Homeowners Insurance in CA and AZ

Retrieved on:

Tuesday, October 17, 2023

Partnership, Risk management, Mobile home, Insurance, DRC, Growth, Policy, CIO, Online shopping, Embark

In the first phase of the partnership, Embark is migrating its Manufactured and Mobile Home insurance program (managed through its affiliate, King Insurance) onto the DRC platform.

Key Points:

In the first phase of the partnership, Embark is migrating its Manufactured and Mobile Home insurance program (managed through its affiliate, King Insurance) onto the DRC platform.
Manufactured, modular and mobile homes require a custom insurance policy, different from policies for traditional home construction.
King, part of the Embark MGA, is a leading specialty property managing general agency with 25 years serving the manufactured home insurance sector with both personal and commercial property insurance.
The system is rolling out in Arizona now, and agent engagement is following a similar pattern, furthering broadening access to King's insurance solutions.

Service Dog DNA Testing Becomes Accessible Through New Partnership

Retrieved on:

Monday, September 25, 2023

BOSTON, Sept. 25, 2023 /PRNewswire/ -- Embark Veterinary, Inc., a global leader in dog health and genetics, today announced a new corporate partnership with Assistance Dogs International (ADI). As part of the partnership, Embark is providing Embark for Breeders dog DNA test kits to North American members of ADI's breeding cooperative.

Key Points:

As part of the partnership, Embark is providing Embark for Breeders dog DNA test kits to North American members of ADI's breeding cooperative.
The new partnership emerges from a longtime relationship between Embark and assistance dog organizations across North America, who rely on dog DNA kits to test for more than 250 genetic health conditions in their breeding dogs.
Embark dog DNA tests are one of those tools that help us create new paths of possibilities for individuals with disabilities."
NEADS® World Class Service Dogs, a Massachusetts-based service dog program, is one of the 53 ADI-accredited organizations that will benefit from the new Embark partnership.

Business Advisory Firm Embark Expands Strategic Technology Partnerships

Retrieved on:

Tuesday, September 19, 2023

Growth, Anaplan, Workiva, Partner, Investment, NetSuite, Embark

DALLAS, Sept. 19, 2023 /PRNewswire/ -- Business advisory firm Embark is proud to announce several key investments to significantly strengthen its strategic partnerships, including leading technology platforms NetSuite, Anaplan, and Blackline.

Key Points:

DALLAS, Sept. 19, 2023 /PRNewswire/ -- Business advisory firm Embark is proud to announce several key investments to significantly strengthen its strategic partnerships, including leading technology platforms NetSuite, Anaplan, and Blackline.
Adding these key players to an already impressive list of technology partnerships provides the firm's clients with an even broader spectrum of best-in-class solutions to fully leverage data and analytics, helping drive growth in the process.
These new partnerships with industry leaders will help clients harness the power of innovation and data-driven decision-making, a critical competitive edge companies will need for the business road ahead.
"Embark will always prioritize investments in finance and technology that empower our clients, fuel their growth and give our people new career opportunities," said Clancy Fossum, CEO of Embark.

Novo Nordisk acquires Embark Biotech, including its lead asset targeting obesity and other cardiometabolic diseases.

Retrieved on:

Wednesday, August 30, 2023

Laboratory, Obesity, University, Novo Nordisk, Research, Embark, Acquisition, Copenhagen, Obesity (journal), Novo Nordisk Foundation, University of Copenhagen Faculty of Health and Medical Sciences, Biology, Conditional sentence, Pharmaceutical industry

The research and development collaboration with Embark Laboratories provide Novo Nordisk with the option to acquire selected assets based on the Embark Biotech discoveries across several indications, including obesity and type 2 diabetes.

Key Points:

The research and development collaboration with Embark Laboratories provide Novo Nordisk with the option to acquire selected assets based on the Embark Biotech discoveries across several indications, including obesity and type 2 diabetes.
Brian Finan, Vice President of Obesity Research at Novo Nordisk, said: "Novo Nordisk has been engaged in obesity research for 25 years, and we continuously search for new ways to address this serious chronic disease.
We are excited about the opportunity to advance Embark Biotech's lead program and look forward to co-creating novel treatments for cardiometabolic diseases with Embark Laboratories to complement our in-house R&D,".
We are thrilled to pass on the baton for our lead metabolic program to Novo Nordisk.

Novo Nordisk acquires Embark Biotech, including its lead asset targeting obesity and other cardiometabolic diseases.

Retrieved on:

Wednesday, August 30, 2023

The research and development collaboration with Embark Laboratories provide Novo Nordisk with the option to acquire selected assets based on the Embark Biotech discoveries across several indications, including obesity and type 2 diabetes.

Key Points:

The research and development collaboration with Embark Laboratories provide Novo Nordisk with the option to acquire selected assets based on the Embark Biotech discoveries across several indications, including obesity and type 2 diabetes.
Brian Finan, Vice President of Obesity Research at Novo Nordisk, said: "Novo Nordisk has been engaged in obesity research for 25 years, and we continuously search for new ways to address this serious chronic disease.
We are excited about the opportunity to advance Embark Biotech's lead program and look forward to co-creating novel treatments for cardiometabolic diseases with Embark Laboratories to complement our in-house R&D,".
We are thrilled to pass on the baton for our lead metabolic program to Novo Nordisk.

79 per cent of Canadian students believe the amount of debt taken on for education can be debilitating, new poll finds

Retrieved on:

Tuesday, August 29, 2023

Habit, Student, Education, Life, Face, VIEW, RESP, Parent, Anxiety, Tertiary, Government, Achievement Medal, Child, Success, Tutoring, Nursing, Management, Embark

Nearly three quarters (72%) of post-secondary students claim that it seems as though you need a post-secondary education for anything nowadays.

Key Points:

Nearly three quarters (72%) of post-secondary students claim that it seems as though you need a post-secondary education for anything nowadays.
On average, when students did take on debt, they believed they'd graduate with $26,773 of debt.
A staggering 89 per cent of students believe getting a post-secondary education is expensive, with 3-in-4 (75%) stating that it is very hard to afford one.
While student debt has become normalized, 79 per cent agree that the amount of debt that students take on can be debilitating.