1 | CEO is 3X Founder, 2 exits. Lead investors @previous venture are also Rad's lead investors |
2 | Over $1.1m raised from professional investors Dzhel Ventures & Expert Dojo |
3 | 400% revenue growth from Q1-Q2, 1000% user growth from Q1-Q2, Grew from 4 to 16 clients in 2020 |
4 | Expierenced management; the RAD founding team has 5 exits in digital media and marketing |
5 | Recurring model, 16+ customers including CitizenNet, Nikola Motors, Noovie, Ranker, Spin.com & SMBs |
6 | SMB renewal rate >80%, annual customer value = $900O, new customer acquisition (CAC) = $450 |
7 | Microsoft backed, accepted in January 2020 to the MSFT for startups program |
RAD Intelligence brings the power of data and analytics to marketing! Any brand owner knows, there is a “marketer” on every corner. Promising “real results”, but we all know how the story ends. Tons of money spent, average results and not a lot clarity on where the ‘actual’ winning results came from.
RAD Intelligence is solving this problem. Jeremy and his team have built a robust data analytics platform. That helps brands really make intelligent and informed decisions on their marketing campaigns. We have tested the platform and are extremely impressed with the results we are seeing on our campaigns.
Of course, when it comes to the idea of: Betting on the Jockey, Jeremy is one jockey that we are excited to have on our team. He has been battle tested and successfully exited. Jeremy and his team are poised to see exponential growth. Speaking of growth- the 20% month over month growth that RAD is seeing is impressive. Lots to like about RAD and the team.
Our founder & CEO, Jeremy Barnett had a crazy idea after exiting Trendy Butler in late 2017. So he assembled a management team that has already gone to war together! A management team that consists of four (4) former CEO/founder types, three (3) investors from previous ventures, two (2) oddly cool developers, one (1) Serbian track star and two (2) operations specialists!
We faced this ourselves — our founding team has collectively built 9 online businesses (crazy, we know...) using a combination of Facebook and Influencer marketing. Oddly, we all suffered from the exact same advertising problems while building these businesses. Firstly, all of us were overly dependant on Facebook to acquire new customers.
Moreover, influencer marketing had become way too expensive and is fundamentally broken. So we developed a scaleable way for brands to use influencers to drive meaningful return on ad spend (ROAS).
The BIG IDEA is to allow brands to distribute already made digital content (blogs, videos, and articles) across real social media user feeds. By paying influencers (small, medium, and large) to share already made content with their audience, we eliminate risk, time and over-priced middle men. Our hypothesis was that brands would benefit exponentially by using the network effect of real social media users, transparnent tracking and performance based results.
And our theory worked! We've been growing like crazy since we lauched domestically, and have no plans of slowing down.
RAD revenue growth and 2020 projections. Please note: These are forward-looking projections and not guaranteed.
RAD (our product) is simple, effective and easy to use. You don't need a marketing PHD to use our platform. Small and medium sized business's use RAD to drive targeted traffic and conversions (sales).
The world has recently changed into a virtual environment leaving tons of influencers without work and pay. The RAD platform enables small and medium sized influencers to make side income each month without having to create any new content. This is a lucky twist of fate -- right place, right time. And we siezed the moment!
Not only did it work, but we crushed expectations. We tested in Latin America and improved our clients user base by 300%. We've got something special folks!
RAD's CEO and Founder Jeremy Barnett made it his mission to tell the world about everything that is wrong with influencer marketing. We started in our back yard by educating the leaders of tomorrow at USC Marshall's top-ranked MBA program.
USC Marshall | How to use Influencers with Jeremy Barnett
Below is a snippet of one of our super fun shows where Marco and I typically interview the best in the game about influencer marketing. In the below snippet, Marco talk about why RAD is RAD for small and medium sized businesses. We've been getting the word out and setup a You Tube channel
In September of 2019, we produced our first marketing video made for acquiring users onto our platform. Since Rad Influencer is a marketplace, we needed 1000's of users to ensure we'd be able to deliver meaningful results for advertisers.
Our first user acquisition video for Rad Influencer.
It's always good to sprinkle a little Microsoft into any startup growth plan. After 6 months and two dozen phone calls..... RAD got approved for the Microsoft for Startups program. Big thanks to Huaxin Gong (RAD's secret ninja) and Mr. Dean Jones of Microsoft for working with us to get this done.
The Covid-19 pandemic has affected humanity in ways we can't yet comprehend. I’m proud to say our RAD team has never been more unified. Furthermore, our platform has proven to be a source of stability for advertisers and users during this challenging time. Even with so much turmoil, RAD is growing like crazy! We are one of the companies breaking through and don't intend on ever looking back.
Below are some quick clips from some of our early professional investors.
The need for easy to understand digital advertising solutions have never been greater. Today, online advertisers use over-crowded and complex social media channels like influencer marketing, Facebook and Instagram to drive website visits. A new virtual economy shows online usage has increased by 70% across the world and people are spending 35% more money online each month -- The opportunity is now!
New activations with Citizen Net, NikolaMotors.com, RagingBull.com and Noovie.com demonstrate product adoption as larger brands are starting to shift budget to Rad's platform. As we continue to get momentum, we've also identifed a need with small & medium sized businesses. Specifically, 9 out of our 16 clients represent this client type. Revenue will grew 400% in the second quarter (April, May and June) of 2020. Our client base has grown from 4 to 16 clients since Jan 1st, 2020. We expect to continued growth as through the third quarter with several new advertiser activations and renewals.
It's time to raise some money and put gas on the fire! Clients are renewing and new campaigns are getting activated weekly. We've identified a specific need for RAD with small and medium sized businesses. We have lots of work to do and opportunity is knocking. For this reason, 40% of the funds raised will be spent on the following technology upgrades. The market we are going after is absolutely huge. Over $120 billion dollars each year gets spent on digital advertising, just in the United States.
The world is changing. Uncertainty is a sentiment across several sectors. Despite these unprecedented times, digital media and advertising has never been stronger. We expect continued sector growth and have positioned RAD to be the gold standard for automated influencer marketing. The growth opportunity is signifigant; any brand on the internet can be a client of RAD's. Our current client profile across 16 advertisers is composed of publishers, content rich brands, and SMBs.
The funds raised on Wefunder will be used to create media buying tools for online advertisers using RAD. Building into the Shopify marketplace and continued API integrations with Facebook and Instagram will require additional development resources to properly deploy. Lastly, investing resources into the sales automation of small and medium sized advertisers will further demonstrate a scalable business model.
Rad Intelligence is conducting a Regulation D offering via Wefunder Advisors LLC. CRD Number: #167803.
Privacy: We won’t share your data, or post to your wall, without your permission.
Already have a Wefunder account? Login
Don't have a Wefunder account? Signup
Tell us the email you used to sign up, and we'll get you on your way.
Ask a Question