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Mediar isn't accepting new investments

Mediar’s deadline was February 4, 2023

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Logo of Mediar

Mediar

In-store shopper behavior data for brands. Maximize missed sales opportunities.
Immigrant Founders SaaS B2B Software
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$38,951
Raised
83
Investors
Successfully funded and closed on February 4, 2023.
Invest in Mediar

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Co-investors
Social Capital
VC firm based in Palo Alto, California.
Chamath Palihapitiya founded venture capital firm Social Capital in 2011. The firm has $1.2B AUM and uses sophisticated data techniques to evaluate investments and coach portfolio companies on growth. Portfolio companies include: Slack, Yammer, Intercom, Carta, Box, Relativity Space, SurveyMonkey.
Social Capital also invested in:
Companies
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Closed on February 4, 2023. Information may not be up-to-date. Campaign closed on February 4, 2023. Information displayed may not be up-to-date.
Problem Solution Product Traction Customers Biz. model Market Competition Vision and strategy Funding Founders
About Team

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by IDXP Analytics, Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Mediar Crowd SAFE Mediar Form C.pdf
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Hear from some of the 83 people reserved or invested in Mediar


Show more

Highlights


$1M+ raised
Company has previously raised over $1M in capital
Notable angel backing
Company is backed by a notable angel investor
Venture-backed
Company is backed by a venture capital firm
  • Brands spend $1T promoting products instore. Inefficient: $100B opportunity
  • Top-tier global brands as our first customers
  • Raised more than $4.5M from top-tier VCs and industry leaders
  • Serial entrepreneurial team with deep expertise in SaaS/Retail/AI
  • Network effect business that has just achieved it's tipping point

Problem


Brands don’t know what they could have sold

Brands have a limited view inside the store, as they rely only on sales data. 

They know what they sold—but do not correctly understand what they could have sold. 

Depending on the category analyzed, 40-80% of the shoppers exposed to a product do not convert, leading to plenty of missed sales opportunities.

—
...And knowing the shopper has

become more relevant than ever:
—

Solution


Shopper Behavior AI for brands and retailers

Mediar built a software platform that connects to existing security video cameras inside the stores and harvests anonymous shopper behavior data in real-time. 

That data is sent to the cloud and our proprietary technology correlates it with the sales tickets, in addition to other important datasets like store layout and promotional activities.

—

Reduce lost shoppers &
maximize in-store missed opportunities


Missed opportunities are so abundant that a small improvement in lost shoppers can generate a significant increase in sales :

real case / leading brand in the beverage category

Product


Actionable insights for trade marketing and category management execution

Mediar solution allows brands and retailers to know where their shoppers go and what they do in-store.

This generates unique insights on how to sell more:


Our solution was able to identify that toothpaste shoppers tend to dwell more and have a higher inclination of buying at the back of the store, coincidentally close to pet food.

By promoting the right product in front of the right shoppers at the right time, this leading brand was able to increase shopper conversions by more than 50%.

—

Our online apps give a complete view of the shopper funnel from the moment they enter the store through the checkout:

Traction


A strong network effect is in place and has achieved a tipping point

Although still a startup, we already work with 14 of the top global CPGs and retailers, with a presence in 3 different geographies. Mediar is a network effect business and has achieved its tipping point.

Leading customer base

Network effect businesses are the foundation of the most successful tech companies today. Fundamentally, a network increases its value as more people use it.

What we are seeing at Mediar today:

  • Happy brands are bringing new retailers

  • Happy retailers are bringing new brands

  • And geographies are bringing new geographies 

Business model


Profitability in
every micro-network

  1. The Mediar network consists of several micro-networks.
  2. One micro-network consists of one retailer and several brands plugged in.
  3. We make money by selling subscriptions to brands while retailers get it for free.

With its unique approach, Mediar takes the friction out of who has the power (retailer) and charges who has the money (the brand).


Micro-network unit economics


So how does our unit economics perform from our micro-network perspective?

Mediar's business model has profitability at its core. For each new micro-network we add to our revenue stream, we can be 

  • profitable in 3 months, 
  • breakeven in 5 months, 
  • and positive cash flow in 6 months.*

Market


We are building the Google Adsense for offline retail

 * Global |  Sources: Deloitte, Gartner, & Alphabet

Consumer behavior data has been the backbone of internet commerce for decades now. 

Google built a $250 billion revenue business significantly on its Adsense platform by understanding how those consumers behave online and serving them brands' ads so they can shop better.

Yet, 90% of the sales are still offline. Imagine that same tool applied at scale in brick-and-mortar retail.


Just like Google helps brands better promote their product online, Mediar will help brands better promote their products offline.

Competition


Shelf-level analytics

Mediar is the only company that correlates shopper behavior at the shelf level with sales ticket data, allowing brands and retailers to increase sales and optimize in-store promotions. 

Our solution sits at the intersection of shelf-level shopper data and a unique brand monetization. We are an early leader in this market, and the intersection of tech and business model consists of our single most important defensibility, thus reinforcing our network effect.

Vision and strategy


Micro to macro
network expansion


Go-to-Market network effect


  1. When a brand sees the benefits of our solution it takes Mediar to more retailers
  2. When a retailer sees the benefits of our solution it takes Mediar to More Brands

—

Funding


Mediar is extending its existing Pre-Series A to Republic investors

Since its inception, Mediar has raised more than $4.5M from:

  • Top-tier VCs like Social Capital 
  • High-net-worth leaders from major brands like Abinbev and Unilever and major tech companies like Google and Apple 
  • Strategic investors like MC1

... among other sophisticated investors from McCann, Hecckit Benkinser, ABInbev, Havaianas, Itau, and many more.

In this round, Mediar already closed $1M with great investors like MC1, G5 Partners, and GR8 Ventures and we are offering an additional $1M through Republic 

Founders


Gustavo Lemos, CEO
and team

IBM Global Entrepreneur of the Year

Co-founder and CEO Gustavo has a background in engineering and business education from top business schools like Stanford and FDC. He has been building businesses since he was 9, and his first web endeavor was nominated a Top 100 Internet Sites when he was only 15. Gustavo founded his first data analytics company right after undergrad and took it from inception to market share leadership in 3 years. Born in Brazil’s "Ore Valley" of Minas Gerais, he later decided to change his fate and moved to the Silicon Valley to build a global company, what today is known as Mediar.

Today, we have an amazingly talented team of 13 people spread across the world, mostly in the US, Brazil, and Europe. 

Deal terms


Valuation cap

$12,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Minimum investment

$150

The smallest investment amount that Mediar is accepting.
Learn more

Maximum investment

$123,500

The largest investment amount that Mediar is accepting.
Learn more

Funding goal

$1.24M

The maximum amount the offering can raise is $1.24M.
Learn more

Deadline
Mediar needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

Nominee Lead

Chief Executive Officer of IDXP Analytics, Inc (currently Gustavo Lemos de Almeida)

Will direct the Nominee on certain matters like voting, amendments and conversions affecting the security.
Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by IDXP Analytics, Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Mediar Crowd SAFE Mediar Form C.pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Mediar.
Invest
$500
Receive
  • Get your name as a company contributor on Mediar's website (opt-out available)
5 investors
Invest
$1,000
Receive
  • Get a Mediar team fancy t-shirt
  • Limited (95 left of 100)
Invest
$2,500
Receive
  • Participate in a introductory group video call with Mediar executive team
  • Limited (10 left of 10)
Invest
$5,000
Receive
  • Join a in depth small group video call with Mediar's CEO
  • Limited (5 left of 5)
1 investor
Invest
$10,000
Receive
  • 1:1 with Mediar's CEO
  • Limited (2 left of 3)
Invest
$25,000
Receive
  • Join our investor's quarterly update
  • Limited (4 left of 4)

About Mediar

Legal Name
IDXP Analytics, Inc.
Founded
Apr 2012
Form
Delaware Corporation
Employees
1
Website
mediarsolutions.com
Social Media
Headquarters
Google Map location of of Mediar
548 Market St 47134 , San Francisco, CA
Headquarters
548 Market St, 47134, San Francisco, CA, United States 94104

Mediar Team
Everyone helping build Mediar, not limited to employees

Profile picture of Andrea Betti-Berutto
Andrea Betti-Berutto
Interim CTO
Technologist, entrepreneur with +25 years of experience in Wireless RF and IOT, strategic initiatives, company re-organization, M&A. Partner and CTO at GigCapital, Previously Fellow at IDT, Co-Founder/CTO of GigOptix and iTerra, Fujitsu, ESA.
Profile picture of Ronaldo  Palermo
Ronaldo Palermo
Chief Revenue Officer
Executive with +20 years of experience in management and sales in the retail industry. Previously held multiple senior executive positions at Santander Bank. Focus on market expansion, and product evangelization.
Profile picture of Cristiano  Paranhos
Cristiano Paranhos
Director Customer Success and Insights
People-centric entrepreneur. 12 years of experience managing global projects of behavior understanding & retail analytics. FDC and Babson College executive education.
Profile picture of Fred Thuard
Fred Thuard
Director of Sales
22 years serial enterpreneur & senior executive in the mobile, market intelligence and analytics space. AppAnnie - Data.ai, Kochava, Tapad-Experian. Insead and Sorbonne University with full German, English & French proficiency.
Profile picture of Avanish Sahai
Avanish Sahai
Advisor & investor - ex SVP Google & board member Hubspot
Profile picture of Stephanie  Hannon
Stephanie Hannon
Advisor - CPO Waze
Profile picture of Steve Ciesinski
Steve Ciesinski
Advisor and investor - ex SRI and Faculty Member Stanford
Profile picture of Claudio Gouveia
Claudio Gouveia
Advisor - Ex SVP Carrefour and board Raizen
5 more team members
Andrea Betti-Berutto
Interim CTO
Ronaldo Palermo
Chief Revenue Officer
Cristiano Paranhos
Director Customer Success and Insights
Fred Thuard
Director of Sales
Avanish Sahai
Advisor & investor - ex SVP Google & board member Hubspot
Stephanie Hannon
Advisor - CPO Waze
Steve Ciesinski
Advisor and investor - ex SRI and Faculty Member Stanford
Claudio Gouveia
Advisor - Ex SVP Carrefour and board Raizen
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Mediar

Mediar successfully raised $38,951 from 83 investors on February 4, 2023
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