Faraday
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Faraday

http://faraday.io/
Last activity: 23.02.2022
Tags:AnalyticsAppBusinessCloudEnergyTechHomePlatformProviderScienceSoftware
Faraday is a cloud software provider delivering better customer acquisition to the home improvement industry. Faraday’s software-as-a-service (SaaS) application improves its users’ customer acquisition metrics by revealing the best strategies for winning new business. The application helps users generate targeting hypotheses, facilitates multi-channel outreach through a network of vendors, and tracks results to highlight the best-performing approaches. Also included is a predictive analytics engine that identifies customers most likely to convert. Faraday’s current customers come from the residential solar and energy efficiency industries, where the cost of acquiring a customer is 5–8 times higher than for other home improvements.
Location: United States, Vermont, Burlington
Member count: 11-50
Total raised: $2.88M
Founded date: 2012

Investors 4

Funding Rounds 2

DateSeriesAmountInvestorsDeal News
02.05.2018-$2M-techstartu...
20.03.2014Series A$880K-finsmes.co...

Mentions in press and media 4

DateTitleDescriptionSource
14.08.20185 Burlington Startups to WatchThis is the second story in our “Inno on the Road: Burlington” series, which is running several stor...bizjournal...
02.05.2018B2C AI startup Faraday raises more than $2 million in new fu...Artificial Intelligence (AI) platform provider Faraday announced today it has secured more than $2 m...techstartu...
20.03.2014Faraday Closes $880K Series A FinancingFaraday, a Middlebury, Vermont-based cloud software provider for customer acquisition in the home im...finsmes.co...
09.10.2013SXSW Eco 2013 Award Winners This year, SXSW Eco also featured a number of panels and sessions focused on startups. On Tues...siliconhil...