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8 Emerging Brands from 2018 You Should Know About

In 2018, eight emerging brands—including MedMen, a rapidly growing cannabis retailer focusing on education and in-house marketing; Apartment Butler, a Texas-based mobile concierge startup expanding services with new funding; and Parachute Home, a modern bedding company backed by $30 million in Series C funding aiming to open 20 new stores—were identified as innovative startups aggressively expanding through new hires, increased funding, and strategic marketing efforts to disrupt their respective industries.

In 2018, several companies began shaking up their industries. Here are eight emerging brands to keep on your radar. These brands are on the rise, challenging the status quo, and are typically smaller startups with aggressive expansion goals, new personnel hires, and increased funding to support their growth.

MedMen

A cannabis retailer founded in 2010, MedMen is growing rapidly. The company focuses on combining education with retail to normalize cannabis sales, often through its online and print magazine. Marketing is handled internally, allowing for brand control and flexibility. MedMen plans to expand further as more locations legalize cannabis, with the in-house creative team expected to grow and expand beyond influencer marketing and social media. Revenue reached $39.8 million in 2018, indicating more campaigns are likely as the company grows.

Apartment Butler

Apartment Butler is a mobile concierge startup serving primarily Houston and Dallas apartments, coordinating housekeeping, pet care, and laundry. In December 2018, the company secured $2 million in funding to develop new services, features, and expand geographically through new hires. Apartment Butler may seek outside agency help, particularly a PR agency, to differentiate from competitors. The marketing budget is small and focused on earned and social media, but Texas-based sellers should consider targeting their main demographic.

Parachute Home

Parachute Home provides modern bedding and bath essentials. The company is expanding, aiming to open more locations by 2020. After opening its first store two years ago, Parachute received $30 million in Series C funding to support plans for 20 new locations. With six stores, the company has increased outdoor advertising spend and expects more campaigns as it grows. Parachute has worked with Office of Baby on creative projects, but does not have an agency of record. Luke Droulez was promoted to CMO in July.

Fair

Fair is a car subscription startup that named Derek Callow as CMO in February, launching an agency review for national expansion and increased marketing spend. Fair plans to hire multiple agencies, moving beyond its previous project-based approach. The app allows customers to rent cars via phone and return them at will, streamlining the rental process. Fair has expanded to 22 cities across 12 states, with plans for global expansion and a $50 million marketing budget. Agencies and martech providers have opportunities to get involved.

Heed

Heed uses AI and advanced sensors to change how fans interact with real-time sports, aiming to make live events global digital experiences. In October, Heed raised $35 million in funding led by SoftBank. The company provides sports insights, attributes, and video content, and has exclusive deals with the UFC and EuroLeague. Heed targets younger fans, relying on social media engagement, and is searching for a growth marketing director. Agency reviews may be possible as the company grows.

Modern Acupuncture

Modern Acupuncture, an alternative medicine company, released its first campaign with creative agency StrawberryFog to promote beauty, stress, and pain treatments. The campaign aims to raise awareness of acupuncture's benefits. The company is expanding and opening new locations. Media is currently handled in-house, but this could change as more campaigns are planned.

MyFlightSearch

MyFlightSearch is a travel booking service provider that began searching for its first CMO in August. New hires often trigger agency hires, so lower-level personnel should be contacted until a CMO is in place. The company focuses on growth and currently uses social media, earned media, and local TV partnerships. After hiring a CMO, more marketing channels are expected to be used. Travel spending typically spikes in Q2 and Q3.

Tender Greens

Tender Greens is a fast-casual restaurant creating meals based on local markets. The company, headquartered in California, promoted Denyelle Bruno to CEO, who plans to double the number of locations (currently 28) in two years, focusing on Boston, New York, and California. The largest spending channel is digital, and sellers are encouraged to pursue project-based work around their locations. In 2017, Tender Greens partnered with Envoy for digital work.

These are just eight of the many emerging brands featured on the platform, each with unique growth opportunities and expansion plans.