Prediction Not checkable as stated
Radius claims it can reach $100M revenue by adding just 15 employees
“I think we can do a hundred million dollars in revenue with potentially 15, you know, plus 15 of where we are today.”
Disclosure
Radius gives its 17M business dataset away for free with platform access
“We don't charge for data. So when you purchase our platform as part of that, you get unlimited access to our standard data offering. So that seventeen million business data set is just, it's kind of a free, a freebie that we give away as part of the relationsh…”
Assertion Not checkable as stated
Radius achieves CAC payback and profitability within the first few months
“We make money after the first few months.”
Prediction Not checkable as stated
Carusone: Radius is expected to be cash flow positive by end of 2020
“We are expected to be cashflow positive at the end of next year.”
Prediction Not checkable as stated
Radius expects to reach a $100M ARR run rate by 2022
“So two to three years is probably about right. I mean, I think, yeah, that's probably a good estimate.”
Assertion Not checkable as stated
Radius dataset covers 8 million US businesses and up to 30M contacts
“So radius has its own proprietary B to B data set domestic only today we cover approximately eight million businesses in the U S and somewhere in the neighborhood of 25 to thirty million contacts.”
Assertion Supported
Radius partners and co-sells with Dun & Bradstreet
“We've got partnerships. We just announced a big partnership. We're doing some co-selling with the folks over at Dun & Bradstreet. So the DMB global file is part of our ecosystem as well.”
Assertion Not checkable as stated
Radius derives 80% of its revenue from its top 20 customers
“Yeah, I would say the bulk, I think, 80% of our revenue comes from our top 20 customers, so it's fairly well concentrated.”
Assertion Supported
Radius has raised about $100M in total capital
“About a hundred million.”
Disclosure
Radius processes large third-party datasets for customer Comcast
“Comcast is a great example. Where we're running some of the stuff on their behalf, the large data sets that they may be getting from third party writers, just faster for us to do it internally.”
Assertion Not checkable as stated
Indexing requests per second is Radius's most expensive infrastructure scaling cost
“That is the single most expensive thing for us to be able to scale is how many requests per second do we need to be able to index into our platform?”
Disclosure
Carusone: Radius targets 50% to 90% year-over-year revenue growth
“Somewhere between, I would say, 50 and 90 at this point.”
Assertion Not checkable as stated
Radius has around 75 employees with 20 in sales
“Yeah. So team, the company is around 75 employees right now. Sales is around 20.”
