INVICTUS STRATEGIES LLC

$13.80M 2025-2026 cycle

INVICTUS STRATEGIES LLC is a strategy & research vendor. In the 2025-2026 cycle INVICTUS STRATEGIES LLC was paid $13.80M across 6 client committees, of which $11.32M flowed through Independent Expenditures rather than direct committee payments.

Strategy & Research ○ Slowing (~3mo since last)
Limited recent activity. Most recent disbursement to this vendor was 3 months ago (Mar 9, 2026). Charts below reflect cycle-to-date totals; the recent windows may be sparse.

Part I Identity

Stable facts about this entity. These figures do not change as you adjust the timeframe in Part II.

Source split

$13.80M = $2.48M (Schedule B) + $11.32M (Independent Expenditures)
Schedule B
direct committee payments
$2,484,709 91 rows 18.0%
Independent Expenditures
money this entity spent supporting candidates, NOT a committee paying them
$11,315,102 37 rows 82.0%
Activity span ALL TIME
Aug 1, 2017 → Mar 9, 2026
spans 8.6 years
Disbursements ALL TIME
91
Schedule B + IE rows
Client committees ALL TIME
6
distinct payers

Part II Activity in selected window

One timeframe control governs all three panels below. Change it once and the trajectory, top buyers, and party breakdown all update together.

Spend trajectory

Monthly spend to this vendor over the last 12 months.

Apr 2025 Mar 2026
$1K across 12 months
#

Top buyers

Two views of the same data — diagram and table share the time-window control and the same top-buyers slice. Click "View all buyers in research" to drill in with the matching date range.

No buyer activity in this window.

No buyer activity in this window.

VIEW 1 DIAGRAM DECORATIVE

Top buyers last 6 months · top 1

MADISON PROJECT INC. $1K Strategy & Research · 2 txns IS INVICTUS STRATEGIES LLC
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
MADISON PROJECT INC.
C00298000
$1,200 2
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 12 months · top 1

MADISON PROJECT INC. $1K Strategy & Research · 2 txns IS INVICTUS STRATEGIES LLC
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
MADISON PROJECT INC.
C00298000
$1,200 2
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 18 months · top 2

MADISON PROJECT INC. $4K Strategy & Research · 3 txns LATURNER, JAKE $1K Software & Tech · 1 txn IS INVICTUS STRATEGIES LLC
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
MADISON PROJECT INC.
C00298000
$4,200 3
LATURNER, JAKE
KS · House REP
$1,000 1
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 24 months · top 4

BURNS, MARK $200K Strategy & Research · 1 txn OUR AMERICAN CENTURY $70K Strategy & Research · 1 txn MADISON PROJECT INC. $13K Strategy & Research · 6 txns LATURNER, JAKE $3K Strategy & Research · 3 txns IS INVICTUS STRATEGIES LLC
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
BURNS, MARK
SC · House REP
$200,000 1
OUR AMERICAN CENTURY
C00532630
$70,000 1
MADISON PROJECT INC.
C00298000
$13,200 6
LATURNER, JAKE
KS · House REP
$3,000 3

By party

Revenue by party

100% R
D · 0%
R · 100%
PartyAmount%
Democratic $0 0.00%
Republican $13,181,319 95.52%
Non-partisan $618,492 4.48%

Part III Reference tables

Full all-time and cycle-to-date data.

#

Cycle-over-cycle trajectory

20172020202120222023202420252026 Q3 2017 (2018 cycle): $67KQ4 2017 (2018 cycle): $30KQ2 2020 (2020 cycle): $4KQ3 2020 (2020 cycle): $14KQ4 2020 (2020 cycle): $15KQ2 2021 (2022 cycle): $324KQ3 2021 (2022 cycle): $942Q4 2021 (2022 cycle): $1KQ1 2022 (2022 cycle): $26KQ2 2022 (2022 cycle): $27KQ3 2022 (2022 cycle): $28KQ4 2022 (2022 cycle): $1.21MQ1 2023 (2024 cycle): $11KQ2 2023 (2024 cycle): $10KQ3 2023 (2024 cycle): $10KQ4 2023 (2024 cycle): $9KQ1 2024 (2024 cycle): $10KQ2 2024 (2024 cycle): $603KQ3 2024 (2024 cycle): $4KQ4 2024 (2024 cycle): $80KQ1 2025 (2026 cycle): $1KQ1 2026 (2026 cycle): $1K Q3Q2Q4Q3Q1Q3Q1Q3Q1Q3Q1Q1 $1.21M

current cycle earlier election cycle off-cycle year quarterly · 8 years

Per-quarter totals
Year Q Cycle Total Txns Top buyer · share Top category · share Cum. (cycle) YoY %
2017 Q3 2018 $67K 3 REPUBLICAN NATIONAL COMMITT… 100% Strategy & Research 100% $67K
2017 Q4 2018 $30K 1 REPUBLICAN NATIONAL COMMITT… 100% Strategy & Research 100% $97K
2020 Q2 2020 $4K 3 LATURNER, JAKE 100% Strategy & Research 100% $4K
2020 Q3 2020 $14K 7 LATURNER, JAKE 100% Strategy & Research 100% $18K
2020 Q4 2020 $15K 9 LATURNER, JAKE 100% Strategy & Research 100% $33K
2021 Q2 2022 $324K 2 OUR AMERICAN CENTURY 100% Strategy & Research 100% $324K
2021 Q3 2022 $942 3 LATURNER, JAKE 100% Strategy & Research 100% $325K
2021 Q4 2022 $1K 3 LATURNER, JAKE 100% Strategy & Research 100% $326K
2022 Q1 2022 $26K 3 C00777185 100% Strategy & Research 100% $351K
2022 Q2 2022 $27K 6 C00777185 96% Strategy & Research 100% $379K +554%
2022 Q3 2022 $28K 5 C00777185 97% Strategy & Research 100% $406K +99%
2022 Q4 2022 $1.21M 3 OUR AMERICAN CENTURY 93% Strategy & Research 100% $1.62M +7891%
2023 Q1 2024 $11K 6 MADISON PROJECT INC. 80% Strategy & Research 100% $11K
2023 Q2 2024 $10K 5 MADISON PROJECT INC. 93% Strategy & Research 100% $21K -97%
2023 Q3 2024 $10K 7 MADISON PROJECT INC. 91% Strategy & Research 100% $31K +944%
2023 Q4 2024 $9K 5 MADISON PROJECT INC. 98% Strategy & Research 100% $40K +705%
2024 Q1 2024 $10K 4 MADISON PROJECT INC. 95% Strategy & Research 100% $49K -63%
2024 Q2 2024 $603K 5 BURNS, MARK 99% Strategy & Research 100% $653K +2110%
2024 Q3 2024 $4K 2 MADISON PROJECT INC. 75% Strategy & Research 100% $657K -86%
2024 Q4 2024 $80K 5 OUR AMERICAN CENTURY 88% Strategy & Research 100% $737K -93%
2025 Q1 2026 $1K 1 LATURNER, JAKE 100% Software & Tech 100% $1K -91%
2026 Q1 2026 $1K 2 MADISON PROJECT INC. 100% Strategy & Research 100% $2K -87%
#

Revenue by service category

No category revenue in this window.

No category revenue in this window.

Revenue by service category

last 6 months · hover bars for cycle context
Strategy & Research — cycle-to-date Total: $1.36M across 90 disbursements (avg $15K/check) Top buyer: BURNS, MARK (44% of category) Last paid: 3mo ago · +85% vs prior cycle Strategy & Research $1K

Revenue by service category

last 12 months · hover bars for cycle context
Strategy & Research — cycle-to-date Total: $1.36M across 90 disbursements (avg $15K/check) Top buyer: BURNS, MARK (44% of category) Last paid: 3mo ago · +85% vs prior cycle Strategy & Research $1K

Revenue by service category

last 18 months · hover bars for cycle context
Strategy & Research — cycle-to-date Total: $1.36M across 90 disbursements (avg $15K/check) Top buyer: BURNS, MARK (44% of category) Last paid: 3mo ago · +85% vs prior cycle Strategy & Research $4K Software & Tech — cycle-to-date Total: $1K across 1 disbursements (avg $1K/check) Top buyer: LATURNER, JAKE (100% of category) Last paid: 17mo ago · no prior-cycle baseline Software & Tech $1K

Revenue by service category

last 24 months · hover bars for cycle context
Strategy & Research — cycle-to-date Total: $1.36M across 90 disbursements (avg $15K/check) Top buyer: BURNS, MARK (44% of category) Last paid: 3mo ago · +85% vs prior cycle Strategy & Research $285K Software & Tech — cycle-to-date Total: $1K across 1 disbursements (avg $1K/check) Top buyer: LATURNER, JAKE (100% of category) Last paid: 17mo ago · no prior-cycle baseline Software & Tech $1K
Per-category breakdown · cycle-to-date
Category Total spend Txns Avg check % of total Top buyer · share Last paid
Strategy & Research $1,364,496 90 $15K 99.9% BURNS, MARK 44% 3mo ago
Software & Tech $1,000 1 $1K 0.1% LATURNER, JAKE 100% 17mo ago
#

Client retention

Sticky-relationship signal: how many clients keep coming back across cycles vs one-time buyers.

1
Anchor clients 3+ cycles
$45,930 · 2% of revenue
2
Repeat clients 2 cycles
$1,573,414 · 63% of revenue
3
One-time clients 1 cycle
$865,366 · 35% of revenue
Top 1 anchor clients · all-time
Client Cycles All-time spend Txns First paid Last paid
LATURNER, JAKE 4 $45,930 49 2020-04-03 2025-01-03
#

Geographic concentration

Where this vendor's clients are based — federal committees by state, plus implicit jurisdiction for CA and TX state filers.

State   Total spend % of revenue Clients
VA
$1,512,214 60.9% 1
SC
$600,000 24.1% 1
Unknown
$168,366 6.8% 1
DC
$97,000 3.9% 1
GA
$61,200 2.5% 1
KS
$45,930 1.8% 1
#

Notable disbursements

5 largest all-time · 5 largest in the current cycle · 5 most recent. Each row earns its place.

Reason Date Filer Category Purpose Amount
Largest all-time 2022-10-03 OUR AMERICAN CENTURY Strategy & Research MEDIA PROGRAM EXPENDITURE $1,119,214
Largest all-time 2021-04-27 OUR AMERICAN CENTURY Strategy & Research MEDIA CONSULTING SERVICES $323,000
Largest all-time 2024-06-18 BURNS, MARK Strategy & Research ADVERTISING $200,000
Largest all-time 2024-05-03 BURNS, MARK Strategy & Research ADVERTISING $200,000
Largest all-time 2024-05-17 BURNS, MARK Strategy & Research ADVERTISING $200,000
Largest this cycle 2025-01-03 LATURNER, JAKE Software & Tech DATA STORAGE FEES $1,000
Largest this cycle 2026-03-09 MADISON PROJECT INC. Strategy & Research PAC STRATEGY CONSULTING $600
Largest this cycle 2026-02-04 MADISON PROJECT INC. Strategy & Research PAC STRATEGY CONSULTING $600
Recent 2024-11-08 OUR AMERICAN CENTURY Strategy & Research MEDIA PRODUCTION/CONSULTING $70,000
Recent 2024-12-27 MADISON PROJECT INC. Strategy & Research PAC STRATEGY CONSULTING $3,000
2 raw FEC name variants collapsed into this canonical entity
See all 91 disbursements →