Roadie, Inc., announced today it has been short-listed for Red Herring’s Top 100 North America award, a prestigious list honoring the year’s most promising private technology companies from the North American business region.
Roadie is an “on-the-way” delivery network that connects people with items to send with drivers already heading in the right direction. “Roadie is creating a community of people helping other people,” said Marc Gorlin, founder and CEO of Roadie. “By understanding the places and patterns driven every day, we enable people to utilize excess space already on the road. Roadie provides a more cost-efficient, faster, greener way for consumers and businesses to get what they Red Herring has been selecting the most exciting and promising start-ups and “scale ups” since 1995. Finalists are still evaluated individually from a large pool of hundreds of candidates based across North America. Twenty major criteria underlie the scoring and process. They include, among others: the candidate company’s addressable market size, its IP and patents, its financing, the proof of concept, trailing revenues and management’s expertise. Each company goes through an individual interview after filling out a thorough submission, complemented by a due diligence process. The list of finalists often includes the best performing and prominent companies of that year.
This unique assessment of potential is supplemented by a review of the company’s actual track record and standing, which allows Red Herring to see past the “buzz” and make the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry. During the several months leading up to the announcement, hundreds of companies in the fields of security, cloud, software, hardware, big data, life sciences, mobile, and others completed their submissions to 2015 will be remembered as a special vintage. “The short-list confirms the excellent foresight and strong innovations created by entrepreneurs in North America. By all measures, the remarkable group of companies comprising the underlines the region’s constant drive to innovate ” said Alex Vieux, publisher and CEO of Red Herring. Roadie is the newest entrant in the sharing economy and the first neighbor-to-neighbor shipping network. The mobile app leverages a collaborative model, now trusted by 68% of consumers worldwide including more than half of all people in North America, according to a Nielsen survey.
The short-listed companies qualify to present their winning technology at the Red Herring North America. The Top 100 winners will be announced during a special awards ceremony the evening of June 3.
About Roadie Inc.
Roadie, headquartered in Atlanta, is an”on-the-way” delivery network that puts unused capacity in passenger vehicles to work by connecting people with stuff to send with drivers heading in the right direction. Roadie’s model enables efficient, low-cost delivery for senders and rewards drivers for trips they were already taking. Roadie is backed by Warren Stephens of Stephens Inc.; the UPS Strategic Enterprise Fund; Eric Schmidt’s TomorrowVentures; David Bonderman, founder of TPG Capital; Guggenheim Partners’ Executive Chairman Alan Schwartz; Square Co-founder Jim McKelvey; the Mellon Group; former CEO of ISS Tom Noonan, and H. Barton Asset Management, among others.
The Roadie app is available for download in the iTunes Store and on Google Play. To learn more about the first “on-the-way” delivery network, visit https://www.roadie.com.