Canada's StackAdapt snaps up $235M for its AI-based programmatic platform
Feb 04, 2025
There is a company in Toronto called StackAdapt that uses AI to help with advertising. They just got $235 million in funding. This is a lot of money! The company started in 2014 and has been growing quietly. Now, with this big investment, they can grow even more.
Programmatic advertising is a big part of digital advertising. It helps advertisers measure how well their ads are working and who is seeing them. StackAdapt offers all kinds of ads like native ads, videos, and more.
But with AI and automation, there can be more ad fraud. StackAdapt is using their AI to fight against this. The company's CEO says they are focused on growing while still being cost-effective. They want to help drive businesses forward.
The company's investors are excited about its growth. They believe in StackAdapt's vision of using AI for advertising. Even though the advertising world is changing, StackAdapt is ready to face those challenges and keep growing.
Overall, StackAdapt is a company that is using technology to make advertising better. They are using AI to combat fraud and help businesses succeed. With this new round of funding, they can continue to grow and innovate in the digital advertising space.