About Adwerx
Adwerx is a company based in Durham (United States) founded in 2013 by Michael Doernberg and Jed Carlson. Adwerx has raised $27.7 million across 6 funding rounds from investors including Texas Capital Bank, Savano Capital Partners and Observatory Capital Management. The company has 138 employees as of December 31, 2022. Adwerx offers products and services including Real Estate Listing Ads, Brand Ads by Zip Code, Streaming TV Ads, and Digital Out-of-Home Ads. Adwerx operates in a competitive market with competitors including Luxury Presence, Levitate, ActivePipe, Habiteo and Lofty, among others.
- Headquarter Durham, United States
- Employees 138 as on 31 Dec, 2022
- Founders Michael Doernberg, Jed Carlson
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Sectors
Real Estate & ConstructionTechnology Media & Entertainment
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Email
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Phone
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Website
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Social
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- Legal Name Adwerx, Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$27.7 M (USD)
in 6 rounds
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Latest Funding Round
$3 M (USD), Series B
May 18, 2023
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Investors
Texas Capital Bank
& 7 more
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Employee Count
138
as on Dec 31, 2022
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Products & Services of Adwerx
Adwerx offers a comprehensive portfolio of products and services, including Real Estate Listing Ads, Brand Ads by Zip Code, Streaming TV Ads, and Digital Out-of-Home Ads.
Automated ads for promoting real estate listings to potential buyers
Geotargeted ads to enhance local brand visibility for professionals
TV-based ads reaching audiences through connected devices for branding
Public space ads on screens in locations like gyms and malls
People of Adwerx
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Funding Insights of Adwerx
Adwerx has successfully raised a total of $27.7M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $3 million completed in May 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Adwerx
Adwerx has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Texas Capital Bank, Savano Capital Partners and Observatory Capital Management.
| Investor | Description | Founded Year | Domain | Location |
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Liquidity solutions are provided to private shareholders and companies.
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Early-stage US tech startups are invested in by Grotech Ventures.
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Early-stage venture capital is provided for B2B software founders.
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Investor details for Adwerx
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Investments & Acquisitions by Adwerx
Investment portfolio details for Adwerx
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Financial Statements - Adwerx
Detailed financials for Adwerx
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Adwerx Comparisons
Peer comparison for Adwerx
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Competitors of Adwerx
Adwerx operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Luxury Presence, Levitate, ActivePipe, Habiteo and Lofty, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of marketing solutions for real estate agents
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An AI-based marketing platform is provided for real estate businesses.
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An online marketing platform is offered for real estate professionals.
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3D and virtual tour solution for real estate developers.
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Lofty is recognized as an AI-powered platform for real estate professionals.
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Detailed competitors of Adwerx
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Latest news on Adwerx
Complete news archive for Adwerx
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Frequently Asked Questions about Adwerx
Adwerx was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Adwerx is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.
Jed Carlson is the current CEO of Adwerx. They have also founded this company.
Adwerx is a funded company, having raised a total of $27.7M across 6 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Adwerx is 138.
Adwerx was established in 2013 in Durham, United States, within the advertising technology sector. Automation of ad creatives is offered alongside customer relationship advertising tools. Targeting by zip codes, TV commercials, and other methods is enabled. Advertisements can be customized, and campaigns are configured through the platform to support various advertising needs.
Adwerx's top competitors include Luxury Presence, Levitate and Lofty.
Adwerx offers Real Estate Listing Ads, Brand Ads by Zip Code, Streaming TV Ads, and Digital Out-of-Home Ads.
Adwerx has 8 investors. Key investors include Texas Capital Bank, Savano Capital Partners, Observatory Capital Management, Grotech Ventures, and Bull City Venture Partners.