Vibe.co raised $22.5M in a Series A funding led by Singular and supported by Elaia Partners, Sequoia's Scout Fund, and Motier to transform CTV ad strategies for SMEs.
Feb 29, 2024•over 1 year ago
Amount Raised
$22.5 Million
Round Type
series a
ChicagoAdvertisingInvestors
MotierSequoia's Scout FundElaia PartnersSingular
Description
Vibe.co, based in France, has secured a groundbreaking $22.5 million in Series A funding to revolutionize the Connected TV (CTV) advertising space for small and medium-sized enterprises (SMEs). The funding round was led by Singular and supported by Elaia Partners, Sequoia's Scout Fund, and Motier, as well as ad tech veterans. The investment marks a significant milestone for Vibe.co and the ad tech sector, signaling potential shifts towards infrastructure solutions in anticipation of digital advertising challenges.
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