About Intersection
Intersection is a company based in New York (United States) founded in 2001. It operates as a Advertising Model. Intersection has raised $150 million across 1 funding round from investors including ArrowMark Partners, Graham Holdings Co and NewSpring Capital. The company has 433 employees as of December 31, 2022. Intersection has completed 1 acquisition, including Soligent. Intersection offers products and services including Out-of-Home Advertising and Public Space Media Solutions. Intersection operates in a competitive market with competitors including Cadent, Digital Domain, Primedia Group, Omnicom Group and The Meet Group, among others.
- Headquarter New York, United States
- Employees 433 as on 31 Dec, 2022
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Sectors
Business ServicesTechnology Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$1.06 M (USD)0as on Dec 31, 2014
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Net Profit
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EBITDA
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Total Equity Funding
$150 M (USD)
in 1 rounds
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Latest Funding Round
$150 M (USD), Series C
Nov 07, 2017
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Investors
ArrowMark Partners
& 2 more
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Employee Count
433
as on Dec 31, 2022
- Investments & Acquisitions
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Products & Services of Intersection
Intersection offers a comprehensive portfolio of products and services, including Out-of-Home Advertising and Public Space Media 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.
Digital screens and transit assets are provided for advertising.
Media solutions for public spaces are developed and offered.
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Leadership Team
59 people
Software Development Team
25 people
Sales and Marketing
24 people
Operations Team
9 people
Senior Team
9 people
Finance and Accounting
6 people
Account Team
4 people
Creative and Marketing Team
4 people
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Funding Insights of Intersection
Intersection has successfully raised a total of $150M through 1 strategic funding round. The most recent funding activity was a Series C round of $150 million completed in November 2017. 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 Funding
- Total Rounds 1
- Last Round Series C — $150.0M
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First Round
First Round
(07 Nov 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Series C - Intersection | Valuation | Graham Holdings Co |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Intersection
Intersection has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include ArrowMark Partners, Graham Holdings Co and NewSpring Capital. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment firm focusing on lower-middle market growth, healthcare, and various strategies.
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Founded Year | Domain | Location | |
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Diversified media broadcasting and educational services are operated.
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Founded Year | Domain | Location | |
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Diversified asset management services are provided to investors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Intersection
Intersection has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Soligent. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Solar energy products and services are distributed to industry participants.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Intersection
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Intersection Comparisons
Competitors of Intersection
Intersection 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 Cadent, Digital Domain, Primedia Group, Omnicom Group and The Meet Group, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
TV advertising solutions are provided for businesses through data-driven methods.
|
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| domain | founded_year | HQ Location |
Visual effects studio for feature film and advertising production
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| domain | founded_year | HQ Location |
Advertising and media services are provided across Africa.
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| domain | founded_year | HQ Location |
Marketing & communications company
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| domain | founded_year | HQ Location |
Provider of advertising services
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| domain | founded_year | HQ Location |
Creative solutions are provided for brand building and business challenges.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Intersection
Frequently Asked Questions about Intersection
When was Intersection founded?
Intersection was founded in 2001 and raised its 1st funding round 16 years after it was founded.
Where is Intersection located?
Intersection is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Intersection a funded company?
Intersection is a funded company, having raised a total of $150M across 1 funding round to date. The company's 1st funding round was a Series C of $150M, raised on Nov 07, 2017.
How many employees does Intersection have?
As of Dec 31, 2022, the latest employee count at Intersection is 433.
What is the annual revenue of Intersection?
Annual revenue of Intersection is $1.06M as on Dec 31, 2014.
What does Intersection do?
Intersection is involved in out-of-home advertising and media technology solutions for public spaces. Services are provided to cities, transit systems, airports, and other urban environments. Digital screens, street-level, and transit assets are utilized to connect brands with consumers. The company operates across major U.S. markets, delivering programming and consumer amenities. Advertising campaigns are designed to enhance brand recall, drive web traffic, and increase store visits for national and local brands. Partnerships are formed with cities and agencies to transform urban experiences through innovative media solutions.
Who are the top competitors of Intersection?
Intersection's top competitors include GroupM, Cadent and Digital Domain.
What products or services does Intersection offer?
Intersection offers Out-of-Home Advertising and Public Space Media Solutions.
How many acquisitions has Intersection made?
Intersection has made 1 acquisition, including Soligent.
Who are Intersection's investors?
Intersection has 3 investors. Key investors include ArrowMark Partners, Graham Holdings Co, and NewSpring Capital.
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