We’re excited to share the news that Seedtag, the global leader in contextual advertising, has raised over €250M in funding from private equity investor Advent International.
Accelerating US expansion
Seedtag will use the funding to further scale its Contextual AI technology, LIZ©, and advance its worldwide operations with its fast-growing team of more than 300 employees, a more than 40% increase since 2021.
Growth in the US is also a key strategic focus, with co-CEO and co-founder Albert Nieto recently making the move to New York to establish Seedtag’s official US headquarters.
A record-breaking year
This funding represents a big step forward for Seedtag, following its many achievements during the past year. Just ten months ago, Seedtag secured $40 million in a Series B round led by Oakley Capital. In June 2022, Seedtag also acquired French adtech company KMTX, a leader in developing AI models to automate performance marketing campaigns.
Major changes in the advertising industry, coupled with the advancements in AI and contextual targeting, make Seedtag’s privacy-complaint and brand-safe solutions more relevant and valuable than ever.
We are pleased to have partnered with Jorge Poyatos, Albert Nieto, and the Seedtag team from a very early stage, and we congratulate the entire Seedtag team on this outstanding achievement.
We can’t wait to see what comes next!