logo
logo

Mundial Media Secures $2.0 Million In Pre Seed Funding To Launch First Ai-Enabled Contextual Platform For Multicultural Audiences

Sep 23, 2023•almost 2 years ago

Amount Raised

$2 Million

Round Type

seed

Los AngelesContent MarketingSocial MediaMarketingAdvertising

Investors

Prodege LlcUnited Health GroupAmazon.Com, Inc.Barlow Family InvestmentsNew Day Industries

Description

Mundial Media, the first media platform uniting multicultural voices, today announces $2.0 million in pre seed funding led by a syndicate of family office investors, including New Day Industries, a family office focused on breakthrough software technologies. “We’ve been closely tracking AI-enabled martech companies and were excited to find a deeply technical team focused on contextual technologies for multicultural audiences, with the unique experience to solve the biggest pain point in multicultural advertising – enabling brands to engage with multicultural audiences,” said Gerard Goetz, General Partner at New Day Industries.

Company Information

Company

Mundial Media

Location

Los Angeles, California, United States

About

Mundial Media is the leading minority-owned contextual marketing platform that enables brands to connect authentically with multicultural audiences. Mundial Media was born out of the need for an end-to-end marketing platform that marries best-in-class multicultural learnings with a data-driven platform to create emotional connections. Mundial Media’s proprietary contextual engine, Cadmus AI, provides marketers with scale and reach that is culturally nuanced and differentiated. Given the market’s turn to privacy-first, Mundial Media targets audiences through first-party contextual technology rather than third-party cookies.

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

Related People