February 4, 2025:
StackAdapt Secures $235M for AI Ad Tech Expansion - Toronto-based StackAdapt has raised $235 million in equity funding, led by Teachers Venture Growth. This significant investment positions the AI-driven programmatic advertising platform to further its growth amid a shifting digital advertising landscape. The company, valued at around $2.5 billion, targets diverse sectors, offering solutions that enhance cost-effectiveness through automation and AI.
Co-founded by Vitaly Pecherskiy, StackAdapt leverages its decade-long experience to combat ad fraud, supporting its ambition to become a leader in AI-driven advertising technology.
