Fundz

Admitad Invests $1.2 Million In Service Providing Coupon Solutions For Media

PRIVATEApr 07, 2022
HeilbronnAdvertisingMedia And EntertainmentSales And Marketing

Description

IT company Admitad, with the HQ in Germany and offices in the US (Chicago) and around the world, has announced an investment of $1.2 million into White Label that provides сoupon solutions for the online media. In 2021, the startup generated $25 million in sales for brands, secured $1 million in profit for online media, received a second investment backup from Admitad and joined Admitad's family of acquired businesses. In 2022, White Label ambitiously plans to increase profit by 250% while aiming at global expansion.

Quick answer

Admitad raised an undisclosed amount in a funding round, dated April 7, 2022. Admitad is based in Heilbronn, Baden-Württemberg, Germany.

How much did Admitad raise?
Admitad raised an undisclosed amount in a funding round on April 7, 2022.
What does Admitad do?
In 2021, the startup generated $25 million in sales for brands, secured $1 million in profit for online media, received a second investment backup from Admitad and joined Admitad's family of acquired businesses.
Where is Admitad based and how big is it?
Admitad is based in Heilbronn, Baden-Württemberg, Germany.

Source: Fundz verified event record.

Who else raised in Advertising and Media And Entertainment around the same time

Companies in the same sectors as Admitad that raised within 45 days of this round, from Fundz verified event records.

  • Audience Town, Inc. raised $6.1M (Funding Round) on March 9, 2022.
  • Smytten raised $13M (Funding Round) on May 17, 2022.
  • Triple Whale raised $28M (Funding Round) on March 24, 2022.
  • Sundays raised $10M (Series A) on March 16, 2022.
  • B2Digital, Inc. raised $66K (Seed) on May 20, 2022.
  • inriver raised an undisclosed amount on May 19, 2022.

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Company Information

Company

Admitad

Location

Heilbronn, Baden-Württemberg, Germany

About

In 2021, the startup generated $25 million in sales for brands, secured $1 million in profit for online media, received a second investment backup from Admitad and joined Admitad's family of acquired businesses. The startup currently works with over 1,500 brands and major media holdings. The startup grew within the accelerator Admitad Projects.

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Admitad raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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