DENVER, July 16,
2024 /PRNewswire/ -- thebad.company, an
innovative new business accelerator for disruptive and impactful
ventures, proudly announces the successful acquisition of
$2.3 million in funding to launch its
pioneering brand accelerator. This milestone will bolster the
company's mission to nurture and elevate emerging brands that defy
norms and drive positive change across diverse industries.
thebad.company Secures $2.3 Million Investment to Launch First of its
Kind Hybrid Brand Accelerator
Under the leadership of Chief Innovation Officer, Brad Kellum and CEO, Orin Wilson, thebad.company is gaining
recognition for its unique approach to fostering innovation. Wilson
remarked, "This investment represents a crucial advancement in our
journey to empower our own startups and other visionary
entrepreneurs who are pushing the boundaries of what's possible.
Our brand accelerator is crafted to propel promising startups to
the forefront of their markets."
COO Ryan Doelling added, "This
funding not only endorses our strategy but also highlights our
capacity to cultivate groundbreaking ideas that reshape industries
with a focus on sustainability. We are eager to witness the impact
of these ventures as they grow and innovate."
Unveiling Groundbreaking Ventures:
In Q4 of 2024, thebad.company will introduce its inaugural
cohort of portfolio companies, each selected for their potential to
revolutionize their respective markets. These companies have been
meticulously developed and supported through thebad.company's
unique brand accelerator program, which combines strategic
guidance, resources, and expertise to foster rapid growth and
market readiness.
CEO Orin Wilson shared his
enthusiasm, stating, "We are incredibly proud of the progress our
portfolio companies have made and are eager to showcase their
groundbreaking work. These ventures embody the disruptive spirit
and innovative approach that define thebad.company. Their unveiling
will signify the start of a new era of impactful entrepreneurship."
Thebad.company's impact is already evident, as demonstrated by the
early success of its portfolio companies, achieving over 1,000%
year-over-year annual recurring revenue (ARR) growth.
Introducing Hybrid Start-ups:
In line with its innovative ethos, thebad.company is pioneering
the concept of "Hybrid Start-ups." These ventures blend traditional
startup methodologies with strategic acquisitions, accelerating
growth and ensuring financial stability from day one. CEO and
YCombinator alum Orin Wilson
explains, "Our Hybrid Start-up model is designed to combine the
agility and creativity of a startup with the stability and
resources of an established entity. This approach allows us to
fast-track development and achieve sustainable growth."
Dora Nagy, founder coach and
former Google and Softbank exec, explains, "When it comes to
business operations, it's best if founders don't try to reinvent
the wheel, and instead, take tried-and-tested methods from other
successful founders who have already figured this out."
Additionally, thebad.company is expanding its focus on
accelerating emerging franchise brands. Through its dedicated
division, the company will support these brands in scaling
operations, enhancing their market presence, and driving innovation
within the franchise sector. Theresa
Huszka, a 30-year veteran in the franchising industry,
expressed her enthusiasm, "This accelerator represents a new era in
franchising. I believe their approach will establish new standards
for innovation and best-practices for growth in the industry."
A Vision for Global Impact:
Located in Denver, Colorado,
thebad.company is incubating ventures that pioneer bold ideas with
profound global implications. "Our vision is to unleash creativity
and drive change through unconventional ventures," added Wilson.
"With this investment, we are eager to see our portfolio companies
thrive and redefine their industries."
This $2.3 million investment sets
the stage for thebad.company to expand its influence in the
entrepreneurial ecosystem, championing brands that challenge
conventions and inspire innovation worldwide.
For media inquiries, please contact:
Info@thebad.company
About thebad.company:
Based in Denver, Colorado,
thebad.company is a brand accelerator dedicated to launching
disruptive ventures that create positive global impacts. Known for
nurturing "bad" companies that innovate across various sectors,
thebad.company is committed to empowering visionary
entrepreneurs.
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