Red Ventures

Red Ventures
Type Privately-held
Founded Charlotte, North Carolina (2000)
Headquarters Indian Land, South Carolina
Key people Ric Elias, Chief Executive Officer
Dan Feldstein, Chief Marketing Officer
Mark Brodsky, Chief Financial Officer
Dale Lancaster, Chief Technology Officer
Services Online marketing services
Customer acquisition marketing
Employees 1200+
Website www.redventures.com

Red Ventures is an American marketing services company incorporated in the State of South Carolina.[1] The company acquires customers for providers of home, consumer, business, automotive, remodeling, financial and educational services.[2] These service providers include DirecTV, ADT Security Services, and HughesNet. In terms of revenue, as of 31 December 2007, Red Ventures is one of the fastest growing private companies in the United States, with growth of 5,863.9% from 2004 through 2007.[3]

Red Ventures’ corporate headquarters is located in Indian Land, South Carolina. The company has additional locations in Miami, Florida; and San Antonio, Texas.[4]

Contents

Vertical markets

Red Ventures operates businesses in the following vertical markets[2]:

Brief history

Corporate culture

Red Ventures’ corporate culture combines a focus on measurement and profitability with an entrepreneurial mindset that promotes new ideas and innovation from its employees.[5] The organization is flat, with decision-making dispersed among small, autonomous divisions formed around the company's verticals and marketing channels.[11] More than 90% of employees arrived with no expertise in their current fields; the company’s preference is to hire talented people and train them. On average, Red Ventures hires 3% of applicants following multiple, extensive interview sessions with a cross-section of employees.[12]

Philanthropy

In 2006, Red Ventures embarked on a philanthropic project called Lives Linked. The mission of the nonprofit organization is to help reduce world poverty by using technology to improve the child sponsorship programs of international aid organizations.[13]

Corporate achievements

Red Ventures and members of its management team have received several awards honoring them for their accomplishments:

References

  1. ^ South Carolina Secretary of State: Search Business Filings
  2. ^ a b Verticals, Red Ventures website; retrieved July 30, 2008
  3. ^ a b c “Inc. 500: America’s Fastest Growing Private Companies”, Inc. Magazine, September 2008
  4. ^ Contact Us, Red Ventures website; retrieved June 09, 2011
  5. ^ a b c "Staying in Red brings new life", Charlotte Business Journal, November 2, 2007
  6. ^ "Elias earns a big Red F for dedication, foresight", Charlotte Business Journal, February 25, 2005
  7. ^ Leadership: Ric Elias, Red Ventures Website, retrieved July 30, 2008.
  8. ^ “Inc. 500: America’s Fastest Growing Private Companies”, Inc. Magazine, November 1, 2004
  9. ^ a b “Inc. 500: America’s Fastest Growing Private Companies”, Inc. Magazine, September 2007
  10. ^ “Red Ventures Acquires Lead Generation Firm Modern Consumer”, Direct Magazine, June 23, 2008
  11. ^ "Red Ventures fuses marketing and sales, hits 17th in nation", The Charlotte Observer, August 22, 2008
  12. ^ "Red Ventures Grows Again", Charlotte Business Journal, June 20, 2008
  13. ^ http://www.liveslinked.org/, Lives Linked website, retrieved July 30, 2008
  14. ^ ”40 under 40 2007”, Charlotte Business Journal, June 8, 2007
  15. ^ ”Forty under 40 2008”, , Charlotte Business Journal, June 6, 2008
  16. ^ ”Charlotte women honored for achievement”, Charlotte Business Journal, July 17, 2008
  17. ^ ”Companies honored as Best Places to Work”, Charlotte Business Journal, November 5, 2008
  18. ^ "Lorenzo Clark, Red Ventures - Charlotte Business Journal", Charlotte Business Journal, March 29, 2010
  19. ^ "Charlotte's Best Places to Work 2010", Charlotte Business Journal, November 4, 2010
  20. ^ "2011 Class of Women in Business Achievement Awards Winners", Charlotte Business Journal, May 09, 2011
  21. ^ "Charlotte's Best Places to Work 2011", Charlotte Business Journal, November 10, 2011

Red Ventures is sometimes referred to as RedVentures.