Beeyond Media Raises $10M In Seed Funding Round To Drive Growth Across Us And Latam

Jul 27, 2023•over 2 years ago

Amount Raised

$10 Million

Round Type

seed

MiamiMarketingAdvertising

Investors

Beeyond Media Board MemberRau Capital

Description

Beeyond Media, a leading programmatic Digital Out of Home (DOOH) advertising demand-side platform (DSP), today announced the close of a $10M Seed round led by Ricardo Uribe of RAU Capital and Beeyond Media board member. The latest funding will be used to scale the Beeyond business in the United States and Latin America and help Beeyond Media expand their vast connected inventory in other markets throughout 2024. This latest round of funding brings total dollars raised to $12.5M.

Company Information

Company

Beeyond Media

Location

Miami, Florida, United States

About

Beeyond Media was founded in 2019 by CEO Alejandro Donzis in an effort to bring transparency, efficiency and innovation to the classic advertising channel. After consolidating operations throughout Latin America, the DOOH company expanded into the U.S. and Canada in 2023 where they saw large opportunities for growth. This year, DOOH is projected to grow, capturing 37.2% of all OOH revenue. With access to over 600,000 devices throughout the Americas, Beeyond Media continues to usher DOOH advertising into the future and help brands like Chanel, L'oreal, American Express, and Heineken inspire people wherever they go.

Related People

2 contacts

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

Tech investment trends