07 Aug Silicon Valley Growth Invests in Dallas Startup, Modern Message
Silicon Valley Growth, a fund that invests in early-stage, tech companies, announced today that they’re investing in Dallas startup Modern Message.
Modern Message created the Community Rewards program, a platform for apartment residents to interact with and advocate for their apartment communities.
“A good marketing strategy should allow residents to be the voice of the community,” said John Hinckley, Co-Founder and CEO of Modern Message. “It’s clear that millennial renters place more importance on what their peers say online, versus what apartment says about itself. Providing a fun way to encourage apartment residents to share their influential experiences online is what Community Rewards does best.”
That’s the kind of thinking and innovation that Silicon Valley Growth noticed.
SVG co-founder Will Bunker points out, “Modern Message brings a much needed social media strategy to the multifamily industry, and they have a proven revenue model. We are thrilled to be a part of the excitement. They are our 17th investment and we are impressed with their proven ability to hit their numbers each quarter as they build a profitable company.”
Modern Message has raised (to date) $500K. They’ve seen an awesome amount of increase in revenue, with 300% growth in one year.