eRelevance Corporation is a Finalist for the 2016 Red Herring Top 100 North America Award
AUSTIN, Texas – May 19, 2016 — eRelevance Corporation (www.erelevancecorp.com), announced today it has been selected as a finalist for Red Herring’s Top 100 North America award, a prestigious list honoring the year’s most promising private technology ventures in North America.
Red Herring has annually selected the most exciting and promising start-ups and “scale ups” since 1995.
Finalists are evaluated individually from a large pool of hundreds of candidates based across North America.
As creators of the new, technology-enabled marketing automation service category, Red Herring has recognized eRelevance for revolutionizing the way small to medium-sized businesses (SMBs) can affordably market to existing customers and increase revenue.
“With exponential growth, innovative proprietary technology and clear competitive differentiation in a multi-billion-dollar market, we have created a significantly disruptive solution for the way SMBs operate and grow,” said Bob Fabbio, co-founder and CEO of eRelevance Corporation. “We are honored to be recognized by Red Herring for the positive impact we are making on demand generation in the SMB market.”
Twenty major criteria underlie the list’s scoring and process. They include, among others: the candidate company’s addressable market size, its IP and patents, technological innovation, its financing, proof of concept, trailing revenues, and management’s strength and expertise. Each company goes through an individual interview after filling out a thorough submission, complemented by due diligence from the Red Herring panel. The list of finalists includes some of the best performing and prominent companies of that year.
This unique assessment of potential is in addition to 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.
2016 will be remembered as a special vintage. “The finalists list confirms the excellent choices made by entrepreneurs and VCs and the start-ups’ solid roots in corporate America, embracing their innovations. By all metrics, it emphasizes the United States’ entrepreneurial excellence,” said Alex Vieux, publisher and CEO of Red Herring.
Finalists are asked to present their winning strategies at the Red Herring North America Forum in Newport Beach, California, June 6 to 8, 2016. The Top 100 winners will be announced during a special awards ceremony the evening of June 8.
eRelevance’s Fabbio will participate in the event keynote. Fabbio is characterized as a visionary and successful serial entrepreneur. He has founded and built multiple industry-leading healthcare and technology companies by identifying large emerging markets, gaining intimate knowledge of the market needs, challenging conventional wisdom, and bringing targeted, innovative solutions to those markets.
About eRelevance Corporation
eRelevance, headquartered in Austin, Texas, offers the small to medium-sized business a new choice for internal marketing—an affordable, technology-enabled marketing automation service. Because we have automated so much of what is traditionally labor intensive, we deliver high-quality work in a very responsive manner, at a price point that is difficult to compete with. And unlike others, we quantify the value that we are delivering with nearly immediate return on investment.