January 27, 2016
Bridgevine Jumpstarts 2016 with Record Revenues
ATLANTA (BUSINESS WIRE) – January 27, 2016 – Bridgevine Inc., the leading provider of customer acquisition solutions for home services, announces a 43% revenue increase from 2014 to 2015, achieving all-time record revenues and profit during the past twelve months of the company’s decade-plus history. A key part of continued growth is the organization’s unique mobile platform, enabling over 53% of consumers to first respond to digital commerce offers using a hand-held device. For the past twelve months, more than 34 million households engaged with Bridgevine’s digital commerce platform driving $1.9 billion in new revenue on behalf of the company’s broad array of U.S. advertisers and partners.
“We had meaningful growth in 2015 and that momentum is continuing into 2016,” said Sean Barry, Bridgevine’s CEO. “We thrive in delighting millions of consumers by connecting them with the right products and services for their homes and small businesses. Our innovative solution sets – digital customer acquisition, marketplace exchange and media/data services — are built by exceptional teams that blend innovation with data intelligence to serve up the exact right offer at meaningful micro moments.”
Bridgevine extends consumer reach through an omni-channel engagement model that propels response rates to new levels. Offers are presented through a variety of engagement choices including online – smartphone, tablet, social and desktop — as well as offline through expert contact center agents. Although technology-enabled customer acquisition is a massive and ever-changing market, Bridgevine has continued to evolve with recent product releases such as SocialShare™ and MoverMedia™, which are key components to the company’s continued success.
According to Vinny Olmstead, Bridgevine’s Chairman of the Board, the combination of record revenues and technology innovation positions the rising-star organization for enormous growth throughout the coming year and beyond. “Bridgevine is in a strategic forward position and is poised to capitalize on its core assets including scale, incredible partners, innovative DNA, and an expanding marketplace. The Board is pleased with the company’s 2015 successes, and is enthusiastic about enhancing technology platform investments and data science to support future development initiatives.”
Bridgevine provides customer acquisition solutions through its omni-channel technology platform. This digital commerce delivery enables customers to review availability, eligibility, and purchase complex services in the telecommunications, cable, satellite, home security, home improvement, and energy sectors. Bridgevine thrives in a digital market where product and service supply from leading service brands intersects with residential and small business customer demand. Through a blend of online, social, mobile and direct marketing, one in every four households has used Bridgevine’s digital commerce platform to help inform and make home and small business purchasing decisions. The company has enabled more than $15 billion in annual recurring revenue for business partners since its inception in 2003. For more information, contact us at www.bridgevine.com/contact.