StitcherAds

Austin, United States Founded: 2009 • Age: 17 yrs Acquired By Kargo
Facebook ad optimization tools for retailers are managed.
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About StitcherAds

StitcherAds is a company based in Austin (United States) founded in 2009 was acquired by Kargo in October 2021.. StitcherAds has raised $4 million across 3 funding rounds from investors including Bank of Ireland, Enterprise Ireland and Columbia Lake Partners. The company has 46 employees as of December 31, 2022. StitcherAds has completed 1 acquisition, including iPlatform. StitcherAds operates in a competitive market with competitors including Klaviyo, Elastic Path Software, Yotpo, YouAppi and Bango, among others.

  • Headquarter Austin, United States
  • Employees 46 as on 31 Dec, 2022
  • Sectors
    Retail
    Technology Media & Entertainment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Technology & Services
Technology → Marketing, Adtech & Commerce Technology
Media & Entertainment → Marketing, Advertising & Adtech
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4 M (USD)

    in 3 rounds

  • Latest Funding Round
    $1.77 M (USD), Debt – Venture

    Aug 13, 2017

  • Investors
  • Employee Count
    46

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    Kargo

    (Oct 18, 2021)

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People of StitcherAds
Headcount 200-500
Employee Profiles 105
Board Members and Advisors 6
Employee Profiles
People
Michael Shaughnessy
Chief Operating Officer
People
Harry Kargman
Founder & CEO
People
Michael Kessler
Director, Business Operations
People
Vladan Skoko
Software Engineer

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Board Members and Advisors
people
Doug Knopper
Advisor
people
Michael Kassan
Advisor
people
Bracken Darrell
Advisor
people
Frank Blake
Advisor

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Funding Insights of StitcherAds

StitcherAds has successfully raised a total of $4M across 3 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $1.77 million completed in August 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 Rounds 3
  • Last Round Debt – Venture — $1.8M
  • First Round

    (20 Jan 2012)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2017 Amount Debt – Venture - StitcherAds Valuation

investors

May, 2013 Amount Series A - StitcherAds Valuation

investors

Jan, 2012 Amount Seed - StitcherAds 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 StitcherAds

StitcherAds has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Bank of Ireland, Enterprise Ireland and Columbia Lake Partners. 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
Investor Description Founded Year Domain Location
Debt financing is provided to European tech companies.
Founded Year Domain Location
Early stage venture capital is provided to Irish startups.
Founded Year Domain Location
-
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 StitcherAds

StitcherAds has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include iPlatform. 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
High-end single-dose coffee grinders for home use are manufactured.
2008
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 - StitcherAds

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

Stitcherads Comparisons

Employees
+
Add Comparison
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Competitors of StitcherAds

StitcherAds 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 Klaviyo, Elastic Path Software, Yotpo, YouAppi and Bango, 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
SaaS email marketing solutions are offered to e-commerce businesses.
domain founded_year HQ Location
API-based enterprise commerce and content management platform is delivered.
domain founded_year HQ Location
Cloud-based marketing platform for e-tailers
domain founded_year HQ Location
Mobile app recommendations are provided based on user behavior analysis.
domain founded_year HQ Location
Marketing solutions for e-commerce businesses are provided by Bango.
domain founded_year HQ Location
Enterprise cloud commerce solutions are provided for retailers and manufacturers.
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 Stitcherads

Frequently Asked Questions about StitcherAds

When was StitcherAds founded?

StitcherAds was founded in 2009 and raised its 1st funding round 3 years after it was founded.

Where is StitcherAds located?

StitcherAds is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Is StitcherAds a funded company?

StitcherAds is a funded company, having raised a total of $4M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Jan 20, 2012.

How many employees does StitcherAds have?

As of Dec 31, 2022, the latest employee count at StitcherAds is 46.

What does StitcherAds do?

StitcherAds was founded in 2009 and is based in Austin, United States. The company operates in the digital advertising sector, providing tools for online retailers to manage pre-targeting and retargeting on Facebook. Attribution settings can be adjusted, rules for CPA-based campaign optimization are created, and ads for out-of-stock SKUs are automatically paused. Buyers of specific products are excluded from retargeting efforts.

Who are the top competitors of StitcherAds?

StitcherAds's top competitors include Klaviyo, CommerceIQ and Yotpo.

How many acquisitions has StitcherAds made?

StitcherAds has made 1 acquisition, including iPlatform.

Who are StitcherAds's investors?

StitcherAds has 6 investors. Key investors include Bank of Ireland, Enterprise Ireland, Columbia Lake Partners, Delta Partners, and Irrus Investments.

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