Screenverse, a NYC-based provider of programmatic advertising solutions to DOOH (digital-out-of-home) media owners, raised $10.5M in funding.
The round was led by Volition Capital.
The company intends to use the funds to further enhance growth and innovation efforts.
Founded in 2020 by David WeinfeldĀ andĀ Adam Malone, Screenverse is a monetization and ad management partner for DOOH media owners, enabling them to unlock and scale programmatic ad revenue. With an expansive DOOH media network base, including billboards, urban panels, and retail environments, among others, it has curated digital ad inventory networks that are utilized across direct and programmatic buyers from advertisers across the US.
Commenting on the news, David Weinfeld said: “Our mission is to simplify and optimize the advertising process for media owners and advertisers alike, ultimately driving value for all stakeholders in the ecosystem.”
FinSMEs
01/05/2024