Bidtellect

Delray Beach, United States Founded: 2011 • Age: 15 yrs Acquired By Simpli
Native advertising exchange with real-time bidding platform is operated.
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About Bidtellect

Bidtellect is a company based in Delray Beach (United States) founded in 2011 was acquired by Simpli in February 2023.. Bidtellect has raised $42.63 million across 9 funding rounds from investors including Simpli, Blue Chip Venture and G20 Ventures. Bidtellect offers products and services including Demand Side Platform, Autopilot AI, and Media Buying Solutions. Bidtellect operates in a competitive market with competitors including TripleLift, Seedtag, Nativo, Ryff and Adyoulike, among others.

  • Headquarter Delray Beach, United States
  • Sectors
    Media & Entertainment
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Bidtellect, Inc.
Operational Areas
Media & Entertainment → Marketing, Advertising & Adtech
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $42.63 M (USD)

    in 9 rounds

  • Latest Funding Round
    $1.8 M (USD), Series B

    Jun 04, 2020

  • Investors
    Simpli

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    Simpli

    (Feb 28, 2023)

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Products & Services of Bidtellect

Bidtellect offers a comprehensive portfolio of products and services, including Demand Side Platform, Autopilot AI, and Media Buying Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for programmatic ad buying and optimization.

Automated system for managing advertising campaigns efficiently.

Tools for targeted ads across CTV, mobile, and display channels.

People of Bidtellect
Headcount 50-200
Employee Profiles 17
Employee Profiles
People
Craig Aron
SVP, Growth & Strategic Business Development
People
Cory LaMay
VP, Operations (Ad/Supply) & Programmatic Integrations
People
Missy Steiner
VP, Marketing & Creative

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Funding Insights of Bidtellect

Bidtellect has successfully raised a total of $42.63M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $1.8 million completed in June 2020. 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.

  • Total Funding
  • Total Rounds 9
  • Last Round Series B — $1.8M
  • First Round

    (21 Apr 2011)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2020 Amount Series B - Bidtellect Valuation

investors

Mar, 2019 Amount Series B - Bidtellect Valuation

investors

Jul, 2018 Amount Series B - Bidtellect Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Bidtellect

Bidtellect has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Simpli, Blue Chip Venture and G20 Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Late-stage investments in US tech companies are targeted.
Founded Year Domain Location
Venture capital is invested in technology sectors by G20 Ventures.
Founded Year Domain Location
Tech-focused VC firm investing in geographies such as the US
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Bidtellect

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Bidtellect

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Bidtellect Comparisons

Employees
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Competitors of Bidtellect

Bidtellect 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 TripleLift, Seedtag, Nativo, Ryff and Adyoulike, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

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In image advertising platform
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Native ads are scaled, automated, and measured via this platform.
domain founded_year HQ Location
Provides a native advertising platform for brands
domain founded_year HQ Location
Native advertising platform integrates brand content into editorial environments.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Bidtellect

Frequently Asked Questions about Bidtellect

When was Bidtellect founded?

Bidtellect was founded in 2011.

Where is Bidtellect located?

Bidtellect is headquartered in Delray Beach, United States. It is registered at Delray Beach, Florida, United States.

Is Bidtellect a funded company?

Bidtellect is a funded company, having raised a total of $42.63M across 9 funding rounds to date. The company's 1st funding round was a Series B of $6.09M, raised on Apr 21, 2011.

What does Bidtellect do?

Bidtellect was founded in 2011 and is headquartered in Delray Beach, United States. A real-time bidding platform and exchange for native advertising is provided, connecting advertisers to inventory such as in-ad, in-feed, and content recommendation placements. Proprietary tools including the IntelliBid optimization engine and an algorithm for measuring user engagement and post-click activity are utilized in the programmatic advertising sector. Global operations are supported through these services.

Who are the top competitors of Bidtellect?

Bidtellect's top competitors include TripleLift, Seedtag and Nativo.

What products or services does Bidtellect offer?

Bidtellect offers Demand Side Platform, Autopilot AI, and Media Buying Solutions.

Who are Bidtellect's investors?

Bidtellect has 4 investors. Key investors include Simpli, Blue Chip Venture, G20 Ventures, and Valhalla Partners.

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