How Did Season 1 Companies Do on Going Public? by Karlista Maroney

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Whether you’ve heard about Going Public or know a company featured on the show, you may be wondering how the companies performed. Season 1 of Going Public featured four companies and their founding teams embarking on their capital raising journeys. These companies included various industries: 

  1. PROVEN Skincare (beauty)
  2. TREBEL (music)
  3. NGT Academy (education)
  4. Hammitt (fashion)

Let’s dive into these company’s highlights and celebrate with them!

PROVEN Skincare

…joined the show sharing their custom skincare company as the first company to bring customized, AI-powered solutions to the $155 billion skincare industry. PROVEN came onto the show not only seeking to share their story and bond with viewers, but to also raise capital for expansion and development. 

Here are a couple of PROVEN’s highlights featured in their time spent on the series:

  1. In 2020 the PROVEN team recognized $10M in *revenue. After filming with the show and working with Going Public mentors in 2021, the company’s recorded revenues increased by more than 100%, ending the year above $22M. *Note: Revenues and profitability are not the same.
  2.  At the end of Season 1, PROVEN proudly announced their expansion into Canada. 5-10% of PROVEN’s revenue now comes from this market. 

TREBEL

…came onto the show giving viewers an inside look at what it's like to be an app in the process of going global. Through TREBEL's unique advertising model, users are able to download their music for free for uninterrupted and off-wifi listening. TREBEL came onto the show looking to raise capital and further their global reach. So after filming for Going Public and meeting with the series’ mentors in 2021, how did TREBEL do? Let’s check out their Season highlights…

  1. Grew monthly active users to 4.7 Million in Mexico alone (as of Q1 2022) and from 3.6M to 5.2M users since 2021.
  2. Increased revenue from $2.3M in 2020 to $4.4M in 2021. *Note: Revenues and profitability are not the same.
  3. Signed several strategic agreements with brands all over North America.
  4. Opened new markets in Indonesia, Brazil, Mexico, Colombia and the United States.
  5. Obtained significant private investment from Grisi Family Trust, Chris Burch, and MNC Media - the largest media company in Indonesia. 

 

NGT Academy

…joined the cast of Season 1 with a mission to change 1 Million lives. How? Through their state-of-the-art IT Training program that cuts the typical length of IT curriculum to a few months. Student’s of NGT Academy have secured jobs at places like Lyft, Visa, Disney, Amazon, and Google. Throughout the series, viewers not only witnessed NGT raising capital, but further solidifying their place in the market. How did they do? Let's take a look at some of their Season highlights.

  1. NGT received a $1M investment from a billionaire investor.
  2. NGT’s executive leadership took innovation to the next level with an immersive “virtual reality classroom.”

Hammitt

…was featured on the series touting their handbag brand where form meets function and quality reigns supreme. Hammitt sought to raise capital and enhance the brand’s reach during their time on the show. Did they achieve these goals? Take a look at the highlights below.

  1. Achieved $32 Million in revenue in 2021 (Hammitt 2021 revenue sourced from unaudited internal management accounts).  *Note: Revenues and profitability are not the same.
  2. Exceeded their expectations of building their brand strategy with the help of show mentors.

With the wrap of the show’s first Season, viewers are left waiting for new deals to arrive. Be sure to dive into our community by connecting with us on LinkedIn, Instagram or Twitter. You can also join our email list so you’re the first to hear about upcoming companies the team has vetted. Going Public is motivated to share the stories of founders and help viewers feel better empowered to invest in the companies they love while having a reasonable understanding of the risks and potential involved. Subscribe here and be the first to hear about the fresh deals coming on the show.

Further Reading