Tech Company Financing Transactions

Promoted Funding Round

Promoted secured a $6 million Seed funding round on 7/4/2022. Investors included Y Combinator, Interlace Ventures and private investors.

Transaction Overview

Company Name
Announced On
7/4/2022
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to further develop its real-time streaming data infrastructure platform used by top marketplaces, as well as hire additional engineers for its growing team.

Company Information

Company Status
Private & Independent
Industry
ECommerce
Mailing Address
3 Valletta Ct.
San Francisco, CA 94131
USA
Phone
Undisclosed
Email Address
Overview
Andrew and Dan met at Pinterest. Previously, we helped build ad systems at Facebook and Google. We realized that performance ad tech could better run entire marketplaces, not just ads. We started Promoted to match every buyer with every seller across every app.
Profile
Promoted LinkedIn Company Profile
Social Media
Promoted Company Twitter Account
Company News
Promoted News
Facebook
Promoted on Facebook
YouTube
Promoted on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Andrew Yates
  Andrew Yates LinkedIn Profile  Andrew Yates Twitter Account  Andrew Yates News  Andrew Yates on Facebook
Chief Technical Officer
Dan Hill
  Dan Hill LinkedIn Profile  Dan Hill Twitter Account  Dan Hill News  Dan Hill on Facebook
VP - Operations
Angela Chang
  Angela Chang LinkedIn Profile  Angela Chang Twitter Account  Angela Chang News  Angela Chang on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/2/2022: Soba Studios venture capital transaction
Next: 7/4/2022: YAP Bank venture capital transaction

 

Share this article

 


About Our Venture Capital Transactions Database

We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary