OpenWeb

New York, United States Founded: 2012 • Age: 14 yrs
Cross-device ad network is provided for conversation-based advertising.
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About OpenWeb

OpenWeb is a company based in New York (United States) founded in 2012 by Nadav Shoval.. OpenWeb has raised $408 million across 7 funding rounds from investors including The New York Times Company, Harel Group and Georgian. OpenWeb has completed 3 acquisitions, including Adyoulike, Hive Media Group and Jeeng. OpenWeb offers products and services including Aida, Commenting System, and Monetization Platform. OpenWeb operates in a competitive market with competitors including Taboola, EX.CO, Verve, Supersonic and Wunderkind, among others.

  • Headquarter New York, United States
  • Founders Nadav Shoval
  • Stage Unicorn
  • Sectors
    Media & Entertainment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Media & Entertainment → Marketing, Advertising & Adtech
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $408 M (USD)

    in 7 rounds

  • Latest Funding Round
    $170 M (USD), Series F

    Oct 27, 2022

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Adyoulike

    & 2 more

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Products & Services of OpenWeb

OpenWeb offers a comprehensive portfolio of products and services, including Aida, Commenting System, and Monetization Platform. 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

LLM-based algorithm for accurate online comment moderation and toxicity reduction.

Tool for managing user comments, increasing engagement, and eliminating spam.

System for publishers to monetize content and drive advertising revenue effectively.

People of OpenWeb
Headcount 200-500
Employee Profiles 52
Board Members and Advisors 11
Employee Profiles
People
Alex Cole
Business Development Manager
People
Ron Sharir
Vice President Of Business Development, EMEA
People
Or Koren
Data Science Team Lead
People
Ryan Foote
Product Manager, Email Monetization

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Board Members and Advisors
people
Marc Frons
Advisor
people
Athan Stephanopoulos
Advisor

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Funding Insights of OpenWeb

OpenWeb has successfully raised a total of $408M across 7 strategic funding rounds. The most recent funding activity was a Series F round of $170 million completed in October 2022. 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 7
  • Last Round Series F — $170.0M
  • First Round

    (03 Aug 2016)

  • Investors Count 14
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2022 Amount Series F - OpenWeb Valuation Georgian
Nov, 2021 Amount Series E - OpenWeb Valuation Insight Partners , Georgian
Apr, 2021 Amount Angel Round - OpenWeb Valuation Scott Galloway
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 OpenWeb

OpenWeb has secured backing from 14 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include The New York Times Company, Harel Group and Georgian. 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
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital is provided to expanding B2B software companies.
Founded Year Domain Location
Investment firm scaling software and technology companies from early to late stages.
Founded Year Domain Location
Investments are directed toward pre-seed to Series C technology companies.
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 OpenWeb

OpenWeb has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Adyoulike, Hive Media Group and Jeeng. 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.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Hive Media Group is engaged in digital publishing technologies.
2015
Native advertising platform integrates brand content into editorial environments.
2011
Personalised content aggregator tool
2009
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - OpenWeb

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

Openweb Comparisons

Employees
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Competitors of OpenWeb

OpenWeb 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 Taboola, EX.CO, Verve, Supersonic and Wunderkind, 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
Ad network platform is utilized for content recommendations and monetization.
domain founded_year HQ Location
Content management platform
domain founded_year HQ Location
Privacy-first omni-channel advertising platform is provided for customer targeting.
domain founded_year HQ Location
Game publishing solutions are provided by Supersonic for developers.
domain founded_year HQ Location
Adnetwork and performance marketing platform
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 Openweb

Frequently Asked Questions about OpenWeb

When was OpenWeb founded?

OpenWeb was founded in 2012 and raised its 1st funding round 4 years after it was founded.

Where is OpenWeb located?

OpenWeb is headquartered in New York, United States. It is registered at New York, New York, United States.

Who is the current CEO of OpenWeb?

Jim Daily is the current CEO of OpenWeb.

Is OpenWeb a funded company?

OpenWeb is a funded company, having raised a total of $408M across 7 funding rounds to date.

What does OpenWeb do?

Founded in 2012 and based in New York, United States, a cross-device advertising network is operated. Conversation-based ads are deployed by advertisers within engaging online discussions to expand reach. Brand safety is ensured through analysis of ad placement quality. Partnerships have been established with publishers such as AOL, MSN, and Fox News, facilitating ad distribution across various platforms.

Who are the top competitors of OpenWeb?

OpenWeb's top competitors include Taboola, Supersonic and EX.CO.

What products or services does OpenWeb offer?

OpenWeb offers Aida, Commenting System, and Monetization Platform.

How many acquisitions has OpenWeb made?

OpenWeb has made 3 acquisitions, including Adyoulike, Hive Media Group, and Jeeng.

Who are OpenWeb's investors?

OpenWeb has 14 investors. Key investors include The New York Times Company, Harel Group, Georgian, Insight Partners, and Omer Cygler.

What is OpenWeb's valuation?

The valuation of OpenWeb is $1.5B as of Oct 2022.

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