Spaulding Ridge celebrated its 7th anniversary on February 1st—and no one is more proud and excited than Founder and CEO Jay Laabs. In this interview, he shares highlights from Spaulding Ridge’s 7th year and hints at what may be coming next.
What was the most exciting development for Spaulding Ridge in 2024?
It’s hard to pick a single thing! For one, adding Data Clymer to the band was a big event. This acquisition added dozens of new bandmates in our Twin Cities office while expanding our data capabilities at the same time. It’s been so gratifying to see these new bandmates get involved and make an impact for Spaulding Ridge and for our clients.
It was also exciting to see the expansion of our APAC team. We moved into new offices in Bangalore and Pune and expanded our resources in Jaipur, allowing us to be a more competitive offering for companies around the world. Building that team allowed us to hit 600 bandmates, which is an incredible milestone so early in our history as a company.
All this growth has enabled us to do great work for our clients too. By building a bigger company that can do more for enterprise businesses, we were able to close the largest deals in Spaulding Ridge history. It just goes to show how investing in people will pay off every time.
What are Spaulding Ridge’s big bets for this year?
Finance transformation has always been an area where Spaulding Ridge excels. We’re keeping it a big priority in 2025. As the band grows, we can be an even better strategic partner to the office of the CFO, driving business outcomes through process and technology solutions.
We’ll also focus on several industries where we have the clients, experts, and offerings to do more. Manufacturing, retail, high tech, and private equity are all major growth areas. Industry aside, we seek out companies exploring new paths for growth and willing to transform to meet their goals.
And finally, we’ll keep investing in the band. We recently welcomed a CFO, Ralph, as well as several new Managing Directors to Spaulding Ridge, and throughout 2025 we have more strategic hires planned. More to come!
As you reflect on how Spaulding Ridge has grown since it was founded in 2018, what are you most proud of?
The number one thing is always our people. When we started Spaulding Ridge, it was one thing to have a few dozen people living the company’s values. Now we’re at 600 people, and it’s even more inspiring to see the dedication our bandmates bring to work every day and how they advance our culture forward. Whether they joined the band as an intern, as an experienced hire, or through a strategic acquisition, everyone is on board with the mission.
And of course, the work this team has done has always been something to be proud of these past seven years. Both the work we’ve done with our clients and how we’ve served our communities has really made an impact.
One of the biggest ways this showed up over the last year was in awards. Our individual consultants, our workplace, our work with our tech partners, our growth, and even our internship programs all received awards over the past year. It’s nice to see outside recognition of the work we’ve put into Spaulding Ridge.
How do you balance short-term goals with long-term vision for the company?
You learn quickly running a business to expect the unexpected. Spaulding Ridge has a few foundational principles—our people strategy is a big one, and our focus on partnership with clients is another—but we’ve survived by being ready to pivot at a moment’s notice.
We’ve experienced a lot in seven years. For example, seeing how the pandemic upended the whole business world. When everything shut down, were ready to help our clients move to the cloud and plan for greater uncertainty. In 2021, we had no idea how disruptive AI would be for every business on the planet, but as it continues to evolve, we’re helping our clients apply it in practical ways to support their business needs.
Chances are, there will be more surprises in 2025. We can’t predict the future, so we’ll invest in our strengths and make sure we’re ready to pivot again when we need to.