- Early StageStartup in initial stages
- Website
- Location
- Company size
- 1-10 people
- Total raised
- $660K
- Company type
- StartupInternet Of ThingsHardware
- Market
RagTagd careers
RagTagd helps families find their stuff at school. It's a little RFID Smart Tag that sends the user an automatic notification when their misplaced item arrives in lost property. Simples!
In 2016 and 2017, we grew to ~100 schools in 8 months and exclusively licensed our technology to one of Australia's largest uniform companies, Spartan. In 2018 we then tried to expand to the UK, which didn't go as expected!
Through 2019 we improved our product and licensed the technology to parties in 5 other countries (UK, NZ, Kenya, South Africa and Argentina).
In 2020 we are partnering with more of Australia's biggest uniform companies and expect to grow our domestic business by over 100%. We're profitable and currently have no competitors.
We had to let our team of 6 in the UK go after our failed expansion and we've been extremely lean in Aus during 2019 - just one full time, two contract devs and our sourcing guy in China. It's time to rebuild for an exciting year of growth ahead!
In 2016 and 2017, we grew to ~100 schools in 8 months and exclusively licensed our technology to one of Australia's largest uniform companies, Spartan. In 2018 we then tried to expand to the UK, which didn't go as expected!
Through 2019 we improved our product and licensed the technology to parties in 5 other countries (UK, NZ, Kenya, South Africa and Argentina).
In 2020 we are partnering with more of Australia's biggest uniform companies and expect to grow our domestic business by over 100%. We're profitable and currently have no competitors.
We had to let our team of 6 in the UK go after our failed expansion and we've been extremely lean in Aus during 2019 - just one full time, two contract devs and our sourcing guy in China. It's time to rebuild for an exciting year of growth ahead!
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Eugene Holdenson
Founder @RagTagd
Chloe Blattmann
Co Founder at RagTagd. Mechatronics Engineer out to change the world. Worked for LX Group on development of IoT hardware platforms.
Valuation
$3M
Funded over
2 rounds
Latest round
Seed (Jun 2017)
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