Resonate (company)
Resonate is a technology company which has pioneered a model for combining big data and psychographic survey studies to develop a sophisticated understanding of consumer motivations, values, attitudes and beliefs. The Resonate Ignite platform is a SaaS platform that delivers an immediate deep, understanding of U.S. consumers including individual level demographics, pyschographics and personal values that provides brand marketers, advertising agencies and political advocacy groups to determine “why” people buy, choose, advocate or abandon.[1]
Privately held companies | |
Industry | Computer software |
Founded | 2008 |
Headquarters | Reston, Virginia, United States |
Key people | Bryan Gernert, CEO and Co-founder Andreas Hunn, CSO and Co-founder Sara Taylor Fagan, Co-founder John Brady, Co-founder |
Services | SaaS Intelligence Platform Consumer Data and Insights Online advertising Managed Media |
Founded in 2008 and headquartered in Reston, VA with offices in New York, and Washington, D.C., Resonate is privately held, having raised nearly $30M in funding from firms including Greycroft Partners, iNovia Capital and Revolution Growth.[2][3]
History
Resonate was founded by Bryan Gernert, Andreas Hunn, Sara Taylor Fagan and John Brady in 2008 in Alexandria, Virginia with the goal to reach people according to their personal values, level of activism and brand market motivations beyond political party affiliation or basic demographics.
In early 2009, Resonate raised US $2 million from angel investors. Series A funding was raised in 2010 for the amount of US $5 million from Greycroft Partners and iNovia Capital. Additional funding was raised in 2012 as a Series B investment of US $22 million from Revolution Growth, Greycroft Partners and iNovia Capital.
Methodology
Resonate's product methodology uses combined datasets of interview data collected via survey and related web behavior data to train predictive models using an ensemble of advanced machine learning techniques. Once models are "trained" the process is applied to the full behavioral data stream, processing tens of millions of cookies per night, and assigning values and attributes to each according to the most updated observations. Processing includes examining up to 80,000 distinct behaviors to predict each of the 13,000 attributes in the Resonate platform.[4]
References
- "Resonate | A.I. Powered Data Insights into the Human Element". Resonate. Retrieved 2020-08-10.
- Overly, Steven (2010-06-28). "Resonate Networks gets $5 million in funding". Washington Post.
- Flook, Bill (2012-02-22). "Resonate Networks raises over $20 million from Revolution Growth". Washington Business Journal.
- "Resonate Consumer Data & Intellience | Our Data". Resonate. Retrieved 2020-08-10.