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Madhive, A Leading Ctv Advertising Software Platform, Announces A $300 Million Investment From Goldman Sachs Asset Management

PRIVATEJun 13, 2023

Amount Raised

$300 Million

Round Type

Venture

New YorkAdvertisingMarketing

Investors

Mike GasbaraGoldman Sachs Asset Management

Description

Madhive, a leading advertising software platform engineered for modern TV advertising, announced today that it has signed a definitive agreement with the Private Equity business within Goldman Sachs Asset Management (“Goldman Sachs”) for a $300 million investment in the company.

Quick answer

Madhive raised $300 Million in a funding round, dated June 13, 2023. Investors: Mike Gasbara and Goldman Sachs Asset Management. Madhive is based in New York, New York, United States.

How much did Madhive raise?
Madhive raised $300 Million in a funding round on June 13, 2023.
Who invested in Madhive?
Mike Gasbara and Goldman Sachs Asset Management are named as investors in this round.
What does Madhive do?
Madhive is the leading independent and fully customizable ad platform built to help local media professionals reach their audiences by enabling more efficient and impactful CTV buys.
Where is Madhive based and how big is it?
Madhive is based in New York, New York, United States. Fundz records about 470 employees.
Who are the decision-makers at Madhive?
Fundz holds 1 contact at Madhive. 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 Madhive that raised within 45 days of this round, from Fundz verified event records.

  • Beeyond Media raised $10M (Seed) on July 27, 2023.
  • MediaMint raised an undisclosed amount on July 26, 2023.
  • Zeliq raised $5.4M (Funding Round) on May 31, 2023.
  • Whop raised $17M (Funding Round) on July 20, 2023.
  • IMPACT Plus raised $2.2M (Seed) on July 20, 2023.
  • Vsblty Groupe Technologies raised $251K (Seed) on July 20, 2023.

Who to call at Madhive, and when

A new round usually means Madhive is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Madhive raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Madhive, from your own LinkedIn network

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Company Information

Company

Madhive

Location

New York, New York, United States

About

Madhive is the leading independent and fully customizable ad platform built to help local media professionals reach their audiences by enabling more efficient and impactful CTV buys. As the trusted partner serving Fox, Scripps, and TV’s largest broadcasters, Madhive empowers sales teams to extend their reach into streaming and connects local advertisers with the communities they serve. Madhive’s platform provides the unique ability to reach local audiences at national scale, with premium supply partnerships and end-to-end tools for planning, targeting, and measuring full-funnel campaign outcomes. Powering campaigns for over 30,000 small and medium businesses per day, Madhive is driving the evolution of local media.

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Fundz sees it the moment Madhive raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Madhive 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.