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Radish

A serialized app for fiction readers

Radish logo
101-200 employees
  • B2C
  • Publishing
  • Entertainment
  • Digital Media
  • Mobile
Midtown East, New York, NY

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Company mission

Radish's mission is to create a new wave of digital publishing.

13% employee growth in 12 months

Our take

Radish is an app which provides hyper-serialized fiction content for the mobile generation. Its business model combines elements of digital reading platforms and online gaming, a model carried over from similar successful platforms in Korea and China.

Serialized micro-fictions are a sticky and habit-building product, and Radish has been smart to add interactive chat features to double-down on attracting return visits. If uptake can reach the same levels as it has done in Japanese and Korean markets, the North-American serialized fiction industry could prove a real money-maker.

This remains a big ‘if’, although it looks increasingly possible. Amazon are launching their own bite-sized fiction tool, Kindle Vella, and Radish themselves reported a real ramp-up in revenue and users in recent years. This potential also seems corroborated by Radish's acquisition by South Korean internet behemoth Kakao Entertainment (KE).

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Steph

Company Specialist at Welcome to the Jungle

Benefits

  • 401(K)
  • Dental Benefits
  • Disability Insurance
  • Flexible Spending Account (FSA)
  • Health Insurance Benefits
  • Life Insurance
  • Vision Benefits
  • Sabbatical

Company values

  • Transparency - Share information openly and proactively. Avoid hiding problems and mistakes
  • Inclusion and Respect -Treat others as you would like to be treated - fairly and with dignity and respect. Hear out everyone’s opinion regardless of their backgrounds, past experience, and level in the company. Celebrate the diversity of our team, content, and users
  • Honesty - Be open to receiving and giving constructive feedback. Openly share thoughts when it’s in the best interest of Radish, even if it’s uncomfortable
  • Action Oriented - Take smart risks; it’s okay to fail on the way to achieving success. Have a bias for action, experimentation, and iteration
  • Accountability - Take ownership and accountability of decisions and actions - own up to mistakes. Be professional - accept personal responsibility of delivering on commitments
  • Excellence - Take pride in the work we produce. Recognize and reward outstanding work
  • User-dedication - Value every user relationship and continuously strive to build meaningful bridges. Provide the best experience to our users and never compromise on the quality of our content

Funding (2 rounds)

Aug 2020

$63.2m

SERIES A

Jan 2017

$3m

SEED

Total funding: $66.2m

Leadership

Seung-yoon Lee

(CEO)

Before being a Contributing Writer at JoongAng Ilbo and a Contributing Editor at The WorldPost, they co-founded Byline Media, a platform for Independent Journalism. Since then, they have been a David Rockefeller Fellow at The Trilateral Commission and a Global Strategy Officer at Kakao Entertainment.