Kevel raised $23m in Series C funding led by Fulcrum Equity Partners to deepen its retail media focus and drive product innovation.
Amount Raised
$23 Million
Round Type
Series C
DurhamAdvertisingMarketingSoftware DevelopmentInvestors
Description
Kevel, the API led ad serving company, has secured $23m in Series C funding led by Fulcrum Equity Partners, with additional investment from Godwin Capital Group, Iberis Capital, Dunnhumby Ventures, and continued participation from Commerce Ventures. The new funding will enable Kevel to enhance its retail media focus and advance product innovation for retailers and marketplaces.
Quick answer
Kevel raised $23 Million in a Series C round, dated March 7, 2024. Investors: Commerce Ventures, Dunnhumby Ventures, Iberis Capital, Godwin Capital Group and Fulcrum Equity Partners. Kevel is based in Durham, North Carolina, United States.
- How much did Kevel raise?
- Kevel raised $23 Million in a Series C round on March 7, 2024.
- Who invested in Kevel?
- Commerce Ventures, Dunnhumby Ventures, Iberis Capital, Godwin Capital Group and Fulcrum Equity Partners are named as investors in this round.
- What does Kevel do?
- Kevel is an API-led ad serving company focusing on retail media with innovative solutions for advertisers and retailers.
- Where is Kevel based and how big is it?
- Kevel is based in Durham, North Carolina, United States. Fundz records about 178 employees.
- Who are the decision-makers at Kevel?
- Fundz holds 5 contacts at Kevel, including the Head of Retail Media, Southern Europe and Latam. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Advertising and Marketing around the same time
Companies in the same sectors as Kevel that raised within 45 days of this round, from Fundz verified event records.
- PostPilot raised $24M on April 15, 2024.
- The Brandtech Group raised $115M (Series C) on March 28, 2024.
- AdOnMo raised $582M (Series B) on March 27, 2024.
- Shop My Shelf raised $19M (Funding Round) on March 14, 2024.
- dKilo raised $3.2M (Seed) on March 10, 2024.
- FreeStand raised $400K (Seed) on March 8, 2024.
Who to call at Kevel, and when
A new round usually means Kevel is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Kevel raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Kevel, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Kevel. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Kevel raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Kevel raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.