Kerv Interactive, an Austin, Texas-based digital advertising platform, raised $12m in growth funding.
Trinity Capital Inc. (NASDAQ: TRIN) provided a $7.5m facility and the balance included participation from Plaza Ventures and Vestech Partners.
This round increases the cumulative funding raised to $30m to accelerate continued growth in technology, marketing, and sales.
Led by Gary Mittman, CEO, Kerv is a digital advertising platform built on patented technology to create shoppable and immersive experiences within video. Using machine learning techniques and AI to drive speed and precision, the technology recognizes depth, dimension, and objectsto make shoppable video working across the web, mobile, social and CTV.
Since October 2021, 90 million unique users (about 30% of the U.S. population) have seen video ads with commerce or interactive/dimensional capabilities from Kerv as it delivered campaigns on behalf of hundreds of agencies and brand clients (based on internal data). .
FinSMEs
25/05/2022