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Every yr tens of hundreds of latest merchandise hit retailer cabinets throughout the nation. However, the journey to get there’s removed from simple.
In the United States alone, greater than 20,000 producers produce $500 billion in packaged items annually, and that quantity continues to develop. According to Statista, the US client items market is predicted to catch up 601 billion dollars in 2025.
Oisin Hanrahan, CEO and co-founder of Keychain, an AI-powered platform that connects retailers and producers to streamline the product journey, joins Financial Freestyle with Ross Mac to share his entrepreneurial story and path to success .
Before co-founding Keychain, Hanrahan co-founded Handy, a house providers platform that connects customers with residence service suppliers, a service Ross Mac personally used whereas residing in New York City. After six years, Hanrahan left the enterprise following its sale to Angi (previously Angie’s List) and subsequently served as Angi’s CEO.
Hanrahan shares his inspiration for Keychain. “What we’re doing at Keychain is constructing a platform that may make it simpler for manufacturers and retailers to launch one of the best product potential,” explains Hanrahan. “We’re fixing the issue: How do you discover an important producer to work with? … How do you discover somebody who has nice substances?” By addressing these challenges, Hanrahan believes “folks will change into more healthy.”
Since its launch in February 2024, Keychain has seen important progress, indexing “over a million merchandise” and publishing over “over $500 million value of tasks… on Keychain,” says Hanrahan
“We’ve additionally seen some fairly… important dedication from… among the greatest gamers within the business… We’ve had massive manufacturers like Hershey (HSY) investing in Keychains. We’ve requested General Mills (GIS ) to put money into Keychain,” says Hanrahan.
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This put up was written by John Tejada.
