RAD AI

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Company Information

Website:

https://www.radintel.ai/

Sector:

Sales & Marketing Software

Location:

Santa Monica, CA

Tired of spam e-mails? So are the companies that send them.

These companies spend seventy-five billion dollars a year sending content they think consumers want. But most of the time, it comes across as irrelevant, unwanted junk.

RAD AI aims to change things up. It’s an Artificial Intelligence marketing platform that translates marketing gibberish into authentic language. Using RAD, brands can develop meaningful connections with potential customers, while eliminating the need for annoying, spam-like content.

RAD’s clients include Accenture, Conde Nast, and Dignity Health. And its investors include Fidelity Investments and Expert Dojo, the third-most active seed-stage investor behind Techstars and Y Combinator.

The company has reached a two-million-dollar revenue run-rate, and is achieving 310% annual revenue growth.

The key to RAD’s platform is its ability to accurately translate copy into effective language. By investing more than twenty million dollars into research & development, the company built a platform that is ninety-two percent accurate. That’s thirty percent more accurate than “Bert,” Google’s language AI.

RAD’s AI uses historical data to detect the best form of language needed to communicate authentically with customers. This data could be from more than 550 million web pages, books, and content on social media platforms like Facebook, TikTok, and Instagram.

In the end, RAD enables companies to create high-performing social media posts, blogs, captioned videos, and paid media ads.

On average, RAD’s customers see a four-times increase in content volume for their allocated budget, and experience a 250% performance increase across digital marketing channels.

To generate revenue, RAD uses a software-as-a-service (SaaS) business model. This is designed to land enterprise clients and expand their contracts through multi-year commitments.

RAD offers recurring SaaS contracts, but also offers premium services such as platform support and training. The average contract value is $150,000, and the company achieves eighty-five percent margins.

With funds raised, RAD aims to expand its customer base. The company projects to bring in around five million dollars in revenue in 2022, more than eleven million dollars in 2023, and twenty-three million dollars in 2024. RAD aims to surpass $100 million in annual revenue by 2026.

Team Background

Bradley Silver - President

Bradley has achieved multiple exits throughout his career.

Most recently, he was CEO of Atomic Reach, a technology platform that analyzes content and optimizes its performance for clients. Before that, he was a general manager with Generation5, a marketing and analytics company.

He earned a Bachelor’s degree from York University.

Jeremy Barnett - Chief Executive Officer

Jeremy is a three-time startup founder who has achieved two successful exits.

Prior to starting RAD AI, he co-founded Trendy Butler, a men’s fashion subscription service. While running the business, he hired more than twenty marketing agencies, and became frustrated with a lack of effective performance. This is what inspired him to start RAD AI.

Earlier in his career, Jeremy was a partner with Eekoh, a company using Artificial Intelligence to fundraise effectively.

Stephen Klein - Chief Growth Officer

Stephen joined RAD AI in November 2021.

Previously, he was Chief Marketing Officer with Dentons, one of the world’s largest law firms. Before that, he was Chief Marketing Officer with LOYAL3, a financial services company.

Earlier in his career, he was Vice President of Marketing & Business Development with Liquid Audio, a technology company affiliated with Microsoft. Before that, he was Director of Global Marketing with Dun & Bradstreet, a data analytics company.

Stephen holds a Bachelor’s degree in Journalism from the University of Massachusetts Amherst and an MBA from Harvard.

Co-Investors

Expert Dojo

A seed-stage startup accelerator.

Raising
$5 million
Committed
$1.80 million (36%)
Current Valuation
$18 million
Min. Investment
$250
Deal Type
Title III
(For all investors)
Offering Type
Equity
Finance History
  • $841K
    2021-08-01
    Unknown
    (Priced Round)
  • $936K
    2020-09-01
    Unknown
    (SAFE)
Notable Investors
  • Expert Dojo
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