Total amount raised
$536.6 Millions
Latest funding date
2/1/2025
Location
StackAdapt has successfully raised significant funding over multiple rounds, attracting notable investors such as Intrepid Growth Partners and Teachers’ Venture Growth.
Keep reading to explore the intricacies of StackAdapt's fundraising journey and the investors backing this innovative platform.
What Is StackAdapt?
Founded in 2014, StackAdapt is a Toronto-based company specializing in programmatic advertising. The platform leverages AI to optimize digital marketing efforts across multiple channels, including native, display, video, connected TV, audio, in-game, and digital out-of-home ads.
StackAdapt was established by Ildar Shar, Vitaly Pecherskiy, and Yang Han. The company has grown significantly since its inception, now employing between 1001 and 5000 people.
With a focus on data-driven solutions, StackAdapt aims to streamline media planning, execution, and analysis, making it a go-to platform for advertisers looking to maximize their campaign performance.
How Much Funding Has StackAdapt Raised?
- Seed Round
- Amount Raised: $900K
- Date: September 2014
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the development of their programmatic advertising platform.
- Series A
- Amount Raised: CA$1M
- Date: January 2016
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand their team and enhance platform capabilities.
- Venture Round
- Amount Raised: $300M
- Date: January 2022
- Lead Investors: Summit Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support growth and reinforce their market position.
- Venture Round
- Amount Raised: $235M
- Date: February 2025
- Lead Investors: Teachers’ Venture Growth
- Valuation at Round: $2.5 billion
- Motivation Behind the Round: To drive growth in AI-powered programmatic advertising and expand global presence.
Total Amount Raised: $536.9M
Current Valuation: $2.5 billion
Key Investors
- Teachers’ Venture Growth
- Details: Teachers’ Venture Growth is the late-stage venture and growth investment arm of the Ontario Teachers’ Pension Plan. They focus on partnering with founders who have bold missions and aim to scale their companies globally.
- Investment Focus Areas: Technology, AI, Growth Equity
- Notable Investments: Not publicly disclosed
- Summit Partners
- Details: Summit Partners is a global alternative investment firm that invests in growth equity, fixed income, and public equity opportunities. They have a history of partnering with companies to help them achieve long-term success.
- Investment Focus Areas: Technology, Healthcare, Financial Services
- Notable Investments: Uber, Avast, Infor
- Intrepid Growth Partners
- Details: Intrepid Growth Partners is a growth equity firm that focuses on investing in high-growth companies. They aim to support businesses in scaling their operations and achieving market leadership.
- Investment Focus Areas: AI, Technology, Growth Equity
- Notable Investments: StackAdapt (first investment)
What's Next for StackAdapt?
StackAdapt stands at the cusp of significant growth opportunities, driven by its recent $235 million investment. The company aims to expand its AI-powered programmatic advertising capabilities, addressing key challenges like fraud prevention and data protection. With a strong foothold in diverse industries such as healthcare, retail, and political campaigns, the potential for growth is immense.
Future fundraising opportunities seem promising, given the substantial recent investments and the company's robust market position. As StackAdapt continues to innovate and expand globally, additional funding rounds could further enhance its technology and market reach. However, challenges such as maintaining cost-effectiveness, ensuring data privacy, and navigating a competitive landscape will require strategic focus and adaptability.
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