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PilotDesk raised $3 million in a seed funding round led by Ardent Venture Partners to further invest in its AI-powered adtech platform.

May 16, 2024over 1 year ago

Amount Raised

$3 Million

Round Type

seed

New YorkAdvertising

Investors

Aperiam VenturesRoster CapitalArdent Venture Partners

Description

PilotDesk, an adtech startup that automates many of the repetitive processes usually handled by a human, announced Thursday that it had raised a $3 million seed funding round. The startup aims to help its clients reduce the money they spend on advertising operations.

Company Information

Company

Swivel

Location

New York, New York, United States

About

Swivel is on a mission to automate media’s most complex ad delivery strategies using AI and machine learning, freeing humans to achieve their loftiest business goals. Resource-constrained teams that could only execute a fraction of potential campaign optimizations are now unbound, and the results are immediate and extraordinary.

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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