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Firstpartycapital Invests In Adimo To Revolutionize Shoppable Ads And Commerce Media

Aug 30, 2023over 2 years ago
GlasgowFood And Beverage

Investors

Scottish EnterpriseFpcFirst Party Capital

Description

Today Scottish company Adimo announced a strategic partnership with early-stage venture capital firm FirstPartyCapital (FPC), specialising in adtech, martech, and digital media

Company Information

Company

Adimo

Location

Glasgow, Kentucky, United States

About

Adimo integrates with any form of marketing to make it shoppable. FMCG / CPG marketing does a great job of helping shoppers choose products. But it does a bad job of helping them buy them. Adimo makes life easier by time-shifting the fuss of buying, allowing shoppers to add products directly to their online grocery basket for later purchase.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers