The Brandtech Group secured $115M in a Series C funding round led by Fimalac and NendoLabs to disrupt the traditional advertising industry with AI-generated marketing campaigns, reaching a $4B valuation.
Mar 28, 2024•over 1 year ago
Amount Raised
$115 Million
Round Type
series c
Investors
Bansk GroupMousse PartnersNendo LabsFimalac
Description
The New York-based The Brandtech Group has completed a $115 million Series C funding round, with investments from new investors Fimalac and NendoLabs, and existing investors Mousse Partners and Bansk Group. With a valuation of $4 billion, the company plans to utilize the investment to revolutionize the traditional advertising industry with AI-powered marketing campaigns.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech