Vibenomics, an Indianapolis-based premier retail audio advertising provider, raised $12.3m in Series B funding.
The round was led by Panoramic Ventures.
The company intends to use the funds to launch additional national networks in grocery stores, pharmacies, and convenience stores.
Led by Brent Oakley, CEO, Vibenomics is a location-based Audio Out-of-Home™ advertising and experience company that powers audio channels for retailers, giving brands the ability to talk to shoppers directly at the point of sale. With its cloud-based technology, licensed background music library, data integration capabilities, full-service team of audio experience experts, and network of on-demand professional voice talent, the company provides its solutions to over 180 advertisers in more than 15,000 locations across 49 states, reaching more than 250 million unique monthly listeners.
Vibenomics has nearly 40 employees.
FinSMEs
31/05/2022