About SnapAds
SnapAds is a company based in Austin (United States) founded in 2023 by Joseph Edgar.. SnapAds has raised $800 thousand across 1 funding round. SnapAds operates in a competitive market with competitors including FACTOR ELEVEN, Justtag, iPromote, Xclaim Mobile and AdViz, among others.
- Headquarter Austin, United States
- Founders Joseph Edgar
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$800 K (USD)
in 1 rounds
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Latest Funding Round
$800 K (USD), Seed
Aug 16, 2023
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Investors
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Employee Count
Employee Count
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Funding Insights of SnapAds
SnapAds has successfully raised a total of $800K through 1 strategic funding round. The most recent funding activity was a Seed round of $800 thousand 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 Total Funding
- Total Rounds 1
- Last Round Seed — $800,000
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First Round
First Round
(16 Aug 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Seed - SnapAds | Valuation |
investors |
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| 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 |
Investments & Acquisitions by SnapAds
| 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 |
Financial Statements - SnapAds
| 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 |
Snapads Comparisons
Competitors of SnapAds
SnapAds 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 FACTOR ELEVEN, Justtag, iPromote, Xclaim Mobile and AdViz, 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 |
Offers platform for digital ad planning, creation, and management.
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| domain | founded_year | HQ Location |
Offline and online advertising are linked by Justtag's analytical platform.
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| domain | founded_year | HQ Location |
Local display advertising is enabled via self-serve platform for SMBs.
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| domain | founded_year | HQ Location |
Offers a location-aware platform for managing mobile ad campaigns efficiently.
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| domain | founded_year | HQ Location |
Serves as a web portal for monitoring and managing advertising schedules effectively.
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| domain | founded_year | HQ Location |
Offers AI-driven tools for managing paid media across search, social, and retail channels.
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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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Frequently Asked Questions about SnapAds
When was SnapAds founded?
SnapAds was founded in 2023.
Where is SnapAds located?
SnapAds is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is SnapAds a funded company?
SnapAds is a funded company, having raised a total of $800K across 1 funding round to date. The company's 1st funding round was a Seed of $800K, raised on Aug 16, 2023.
What does SnapAds do?
SnapAds was founded in 2023 in Austin, United States, as an online platform in the advertising technology sector. Connections are facilitated between local businesses and content creators who produce and upload advertisements. Managed interactions, creative advertising tools, analytics, and insights are provided to users. Operations focus on enabling ad creation for nearby companies through a structured marketplace environment.
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