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Reimagining Messaging in the Generative AI Era, Former ExactTarget Executive Starts Backstroke

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Backstroke announces the launch of its generative AI messaging platform aimed at revolutionizing email, SMS, and mobile push marketing for B2C brands. With a $2M seed round led by High Alpha and Ground Game Ventures, Backstroke leverages a massive dataset from over 10,000 brands, tracking millions of messages to enhance marketing content. This technology aims to drive up to 64% more revenue per send compared to human copywriters. Early adopters include brands like Pearl iZUMi and Nathan Sports. Founded by R. J. Talyor and Allyson Talyor, Ph.D., Backstroke aims to simplify and personalize marketing tech. The company's launch event features Olympic swimmer Matt Biondi and will take place on June 21, 2024, in Indianapolis.

Positive
  • $2M seed funding led by High Alpha and Ground Game Ventures.
  • Projected revenue increase of up to 64% per send using AI-generated content.
  • Early adoption by notable brands such as Pearl iZUMi and Nathan Sports.
  • Founders with a strong track record, including the former ExactTarget executive R. J. Talyor.
Negative
  • None.

Insights

Backstroke's recent $2M seed funding is a noteworthy development in the marketing technology sector. This influx of capital from prominent venture firms such as High Alpha and Ground Game Ventures showcases confidence in the platform's potential. For retail investors, it's important to note the credibility this backing brings, mitigating some risk associated with startups. Financially, the investment also provides Backstroke with the runway needed to refine and expand their platform before seeking further funding or scaling operations.

However, investors should cautiously monitor the company's burn rate and revenue growth. The claim of driving 64% more revenue per send than human copywriters is compelling, but requires validation over a larger customer base. Early customer adoption, including notable brands, is promising. Overall, the financial foundation seems strong, but ongoing performance and prudent financial management will be key.

From a technological standpoint, Backstroke appears to be innovating within the generative AI space by natively integrating AI with marketing automation. Unlike legacy systems that retrofit AI capabilities, Backstroke's platform is built specifically for AI-driven personalization. This technological edge could potentially provide significant competitive advantages in terms of efficiency, scalability and performance. The use of a vast dataset from over 10,000 brands to train their AI underscores a robust data foundation, critical for effective machine learning applications.

For retail investors, the key takeaway is the technological moat Backstroke is building. The platform's data-driven approach and ability to automate content generation at scale can disrupt traditional marketing methods, potentially leading to rapid market adoption. However, the technology's long-term success will hinge on continuous innovation and maintaining high data accuracy.

In the competitive landscape of marketing technology, Backstroke's entry with a generative AI messaging platform highlights a growing trend towards personalized, data-driven customer engagement. The B2C marketing space is crowded, but there is a substantial opportunity for platforms that can deliver measurable performance improvements. Backstroke's early traction with established e-commerce brands like Pearl iZUMi and Nathan Sports is a positive indicator of market fit.

The important insight for investors is the timing and market readiness for such a solution. Generative AI in marketing is gaining momentum and Backstroke's rapid customer acquisition could signal a strong future market position. Still, the market will soon see other competitors entering this space and Backstroke will need to consistently demonstrate superior performance and ROI to sustain its early lead.

The generative AI messaging platform is announcing its launch and recent funding led by High Alpha

INDIANAPOLIS--(BUSINESS WIRE)-- Backstroke is announcing the launch of its generative AI messaging platform that’s set to revolutionize email, SMS, mobile push, and customer marketing for B2C brands. Backed by a $2M seed round co-led by venture firms High Alpha and Ground Game Ventures, and with participation from Allos Ventures. Backstroke combines fresh technology with seasoned experience, presenting a significant opportunity in the marketing tech landscape.

Backstroke leverages a vast dataset from over 10,000 brands, tracking and tagging millions of messages – and their performance – in more than 200 different ways. This deep data analysis, which has taken nearly three years to acquire, powers Backstroke's AI to generate marketing content that drives up to 64% more revenue per send than human copywriters. Early customers include ecommerce brands like Pearl iZUMi, Nathan Sports, Lyssé and The Porch Swing Company.

The company is led by CEO and Founder R. J. Talyor and Lead Data Scientist and Founder Allyson Talyor, Ph.D., a husband and wife duo. Before starting Backstroke, R. J. Talyor was one of the first 50 employees at email marketing trailblazer ExactTarget, where he led messaging product teams through the company’s $2.5B acquisition by Salesforce (NYSE: CRM) in 2012. R. J. later founded Pattern89, a creative AI platform that was acquired by Shutterstock, Inc. (NYSE: SSTK) in 2021.

"We've seen the movie before with ExactTarget, and now we're ready to rewrite the script with generative AI," said R. J. Talyor, Backstroke CEO and Founder. "Legacy marketing tech is behind — it's too complex and not built for mass personalization. The industry incumbents are ‘Frankensteining’ gen AI features into their platforms. Backstroke is native to these new AI technologies which gives our customers a significant advantage.”

"Generative AI presents a huge opportunity in the email marketing and messaging space," said High Alpha Founding Partner Eric Tobias. "The company’s speed to market and quick customer traction demonstrate that a platform like Backstroke is inevitable. Someone is going to win, and we think our long history in the space, combined with a world-class founding team, gives us a significant advantage."

Doug Bertram, Director of E-Commerce at Pearl iZUMi and one of Backstroke’s first customers said, “The bottleneck to truly personalized CRM marketing has always been human limitations on content production. Partnering with Backstroke is a huge step forward in automation, allowing us to deliver more delightful, personalized experiences to our customers.”

Backstroke’s launch event, featuring eight-time Olympic swimming gold medalist Matt Biondi, will take place on June 21, 2024, from 8 a.m. to 10 a.m. in Indianapolis.

About Backstroke:

Backstroke is a leading generative AI messaging platform designed for B2C brands and retailers. Founded by husband and wife team R. J. Talyor and Allyson Talyor, Ph.D. in 2024, Backstroke utilizes a vast dataset and advanced algorithms to generate high-performing marketing content for email, SMS, and mobile push. With former ExactTarget executives at the helm and support from High Alpha, Backstroke is poised to drive significant value for brands through personalized, effective campaigns.

For more information or to schedule an interview with the Backstroke team, investors, or customers, please contact:



Egan Montgomery

Co-founder & VP of Marketing

Backstroke

Email: egan@backstroke.com

Phone: +1 (630) 335-5885

Source: Backstroke

FAQ

What is the projected revenue increase for Backstroke's AI-generated content?

Backstroke's AI-generated content is projected to drive up to 64% more revenue per send compared to human copywriters.

Who led the recent $2M seed funding for Backstroke?

The $2M seed funding for Backstroke was led by High Alpha and Ground Game Ventures.

Which early customers are using Backstroke's platform?

Early customers of Backstroke include Pearl iZUMi, Nathan Sports, Lyssé, and The Porch Swing Company.

What is the relationship between Backstroke's founder and ExactTarget?

Backstroke's founder, R. J. Talyor, was one of the first 50 employees at ExactTarget and led messaging product teams through the company's $2.5 billion acquisition by Salesforce (NYSE: CRM) in 2012.

When and where will Backstroke's launch event take place?

Backstroke's launch event will take place on June 21, 2024, from 8 a.m. to 10 a.m. in Indianapolis.

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