About Drovo
Drovo is a Media & Entertainment company based in London (United Kingdom) founded in 2015 by Artjom Jekimstev. Cab advertising solutions are provided via a targeted digital platform. Drovo has raised $5.58 million across 4 funding rounds from investors including Growthdeck, Maven Capital Partners and Change Ventures. The company has 13 employees. Its chief executive, as recorded, is Artjom Jekimstev. Its focus areas include Enterprise Applications, Tech for Traditional Advertising, Out of Home and Digital OOH. Its legal entity is ADVERTTU LIMITED.
Company details
Drovo was founded in 2015 in London, United Kingdom, within the advertising sector. A platform is operated to enable ad displays on vehicles, allowing targeting of specific audiences. Live data on media assets, covered distances, and campaign ROI is accessible through a dashboard. Configurations for adverts are supported using real-time geo-location, time-based settings, and event triggers. Operations focus on mobile out-of-home advertising services.
- Headquarters London, United Kingdom
- Employees 13
- Founders Artjom Jekimstev
- SectorsMedia & Entertainment
- Email••••••••
- Website drovo.media
- Social LinkedIn X Facebook
- Legal Name Adverttu Limited
- Date of Incorporation 06 Nov, 2015
- Jurisdiction LONDON, ENGLAND
- Total Equity Funding$5.58M (USD)
in 4 rounds
- Latest Funding Round$3.66M (USD), Series A
Aug 2023
- InvestorsGrowthdeck
& 5 more
- Employee Count13
Funding Insights of Drovo
Drovo has successfully raised a total of $5.58M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $3.66 million completed in August 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.
- Total Funding $5.58M
- Total Rounds 4
- Last Round Series A — $3.66M
- First Round $692,759
(Jul 2019)
- Investors Count 6
All 4 funding rounds of Drovo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2023 | $3.66M | Series A | – | Maven Capital Partners | |
| Aug 2022 | $301,286 | Series A | – | – | – |
| Dec 2020 | $932,865 | Series A | – | – | – |
| Jul 2019 | $692,759 | Seed | – | – | – |
6 investors in total: 6 institutional.
Investors in Drovo
Drovo has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Growthdeck, Maven Capital Partners and Change Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are targeted for private equity investments. | 2005 | mavencp.com | Birmingham, United Kingdom | |
Change Ventures is focused on backing ambitious Baltic startup founders with pre-seed and seed capital investments. | changeventures.com | Tallinn, Estonia | ||
Caygan Capital is engaged in multi-asset investment management. | 2009 | caygan.com | Singapore, Singapore | |
| venturian.info | ||||
| sel-cap.com | ||||
Equity crowdfunding platform is developed for business investments. | 2015 | growthdeck.com | London, United Kingdom |
Investor details for Drovo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of Drovo
1 people are tracked at Drovo (1 in leadership); the tracked headcount is 13.
| Name | Role | Group |
|---|---|---|
Artjom Jekimstev | Founder & CEO | Leadership |
Complete people profiles for Drovo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Timeline of Drovo
3 dated milestones of Drovo across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Drovo is founded.
- Funding First funding round of $693K.
- Funding Latest funding round, Series A, of $3.7M.
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Frequently Asked Questions about Drovo
Drovo was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Drovo is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Artjom Jekimstev is the CEO of Drovo, as recorded in our data. They have also founded this company.
Drovo is a funded company, having raised a total of $5.58M across 4 funding rounds to date. The company's 1st funding round was a Seed of $692.76K, raised on Jul 2019.
Drovo has 13 employees.
Drovo was founded in 2015 in London, United Kingdom, within the advertising sector. A platform is operated to enable ad displays on vehicles, allowing targeting of specific audiences. Live data on media assets, covered distances, and campaign ROI is accessible through a dashboard. Configurations for adverts are supported using real-time geo-location, time-based settings, and event triggers. Operations focus on mobile out-of-home advertising services.
Drovo has 6 investors. Key investors include Growthdeck, Maven Capital Partners, Change Ventures, Caygan Capital, and VENTURIAN.
Drovo operates through Adverttu Limited.