Tech Company Financing Transactions
Adludio Funding Round
Mercia Fund Management participated in a $2.5 million Series A funding round for Adludio. This venture round was announced on 4/4/2023.
Transaction Overview
Company Name
Announced On
4/4/2023
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Series A
Investors
Mercia Fund Management (Lead Investor)
Proceeds Purpose
This latest investment comes as the adtech industry contends with continued economic uncertainty and the introduction of stricter privacy rules in many countries as well as the declining use of cookies. Adludio hopes to consolidate its position in the market.
Company Information
Company Status
Private & Independent
Industry
AdTech
Mailing Address
12777 W Jefferson Blvd, Building A 101
Los Angeles, CA 90066
USA
Los Angeles, CA 90066
USA
Phone
Undisclosed
Website
Email Address
Overview
We're a technology company, delivering interactive mobile advertising that guarantees brand engagement. And Adludio is our AI-powered platform that makes the magic happen. Mobile ad creative is the critical factor in a campaign's success. But too often it's an afterthought; stale, static and creatively subjective. Everyone focused on tracking and data, but smarter marketers knew it's the creative that brings people further down the funnel.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Tim Hipperson
Chief Executive Officer
Paul Coggins
Chief Technical Officer
Ian Liddicoat
VP - Sales
Mike Pope
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Prev: 4/4/2023: Spendflo venture capital transaction
Next: 4/4/2023: Strivacity venture capital transaction
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here come from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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