logo
logo

Adthena Gets $13.5M Shot Of Espresso’s Capital To Fuel Us Expansion

Feb 11, 2022over 3 years ago

Amount Raised

$13.5 Million

London

Description

London-based search intelligence platform Adthena has secured a $13.5m credit facility from venture debt firm Espresso Capital.

Company Information

Company

Adthena

Location

London, Ontario, Canada

About

The paid search advertising company will use the fresh funds to fuel further growth in the US. The company uses “artificial search intelligence” to help its customers maximise their return on investment and make strategic decisions.“We’re growing 100% year over year in the US and scaling quickly in other markets, including the UK, France, and Australia,” said Adthena CEO and co-founder, Ian O’Rourke. The two companies announced that Kantar search clients will get access to the Adthena product suite, post-acquisition. In 2016 Adthena received a £2m investment from Mel Morris, the entrepreneur behind Candy Crush. Founded in 2012, Adthena is a search intelligence platform that employs AI-driven technology and a team of experts to help brands, marketers, and agencies in a range of search-related tasks.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech