Web3 growth marketing platform Addressable takes Seed round to $13.5 million with $6 million investment
Web3 growth marketing platform Addressable takes Seed round to $13.5 million with $6 million investment
The Israeli startup said that its capabilities have expanded significantly, enabling the attribution of crypto wallet owners across 400,000 websites, including Bloomberg, The New York Times, and Yahoo Finance
Addressable, which develops a Web3 growth marketing platform, announced on Thursday that it has added $6 million to its Seed round, taking it to a total of $13.5 million. Addressable raised an initial $7.5 million in Seed funding in January of this year.
The funding round was led by BITKRAFT Ventures, with participation from strategic investor Karatage, joining existing investors Viola Ventures, Fabric Ventures, Mensch Capital Partners, North Island Ventures, and several other strategic investors.
According to the company, its capabilities have expanded significantly, enabling the attribution of crypto wallet owners across 400,000 websites, including Bloomberg, The New York Times, and Yahoo Finance. Addressable now spans three new ad networks, including Unity, Pubmatic, and Magnite, in addition to the initial coverage of the Twitter ad network. This expansion enables Addressable to provide more comprehensive and targeted paid ad campaigns across social networks, websites, and mobile apps.
“Addressable’s commitment to revolutionizing Web3 Growth remains steadfast, and it becomes even more important in the current market,” stated Tomer Sharoni, co-founder and CEO at Addressable.
Founded in June 2022 by Tomer Sharoni, Tomer Shlomo, and Dr. Asaf Nadler, Addressable employs 24 people, distributed across their offices in Tel Aviv, New York, London and Madrid. Addressable currently serves over 50 customers and has executed over 750 campaigns.