About TargetSpot
TargetSpot is a company based in New York (United States) founded in 2007 was acquired by Azerion in November 2022.. TargetSpot has raised $20.19 million across 4 funding rounds from investors including Radionomy, Azerion and Oddcast. TargetSpot offers products and services including Passport Audio Manager [PAM], Targetplay, Shoutcast, and Adserver. TargetSpot operates in a competitive market with competitors including Triton Digital, Instreamatic, Vibenomics, XAPPmedia and PayTunes, among others.
- Headquarter New York, United States
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Sectors
Media & Entertainment
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Email
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Phone
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Website
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Social
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Products & Services of TargetSpot
TargetSpot offers a comprehensive portfolio of products and services, including Passport Audio Manager [PAM], Targetplay, Shoutcast, and Adserver. 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.
Tool for managing audio advertising campaigns effectively.
Platform for audio content delivery and monetization.
Service for online radio broadcasting and ad integration.
System for serving targeted ads in digital audio environments.
Funding Insights of TargetSpot
TargetSpot has successfully raised a total of $20.19M across 4 strategic funding rounds. The most recent funding activity was a Post-IPO round of $8.99 million completed in July 2019. 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 4
- Last Round Post-IPO — $9.0M
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First Round
First Round
(30 Apr 2007)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2019 | Amount | Post-IPO - TargetSpot | Valuation |
investors |
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| Jan, 2011 | Amount | Series C - TargetSpot | Valuation |
investors |
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| Mar, 2008 | Amount | Series B - TargetSpot | Valuation |
investors |
| 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 TargetSpot
TargetSpot has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Radionomy, Azerion and Oddcast. 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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Inveready is recognized as a leading Spanish financial services firm.
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Venture capital firm focused on blockchain, wellbeing, and multiple sectors
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Venture capital fund focused on investing in multiple sectors
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| 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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by TargetSpot
| 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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - TargetSpot
| 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 |
Targetspot Comparisons
Competitors of TargetSpot
TargetSpot 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 Triton Digital, Instreamatic, Vibenomics, XAPPmedia and PayTunes, 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 |
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| domain | founded_year | HQ Location |
Audio advertising and streaming solutions are offered by Triton Digital.
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Voice marketing solutions are delivered via AI-driven platforms.
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| domain | founded_year | HQ Location |
Customized background music and real-time announcements are delivered to businesses.
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| domain | founded_year | HQ Location |
Voice AI for brands and media, connecting consumers to brands through voice
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| domain | founded_year | HQ Location |
Audio ad network software is provided for Indian mobile users.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Targetspot
Frequently Asked Questions about TargetSpot
When was TargetSpot founded?
TargetSpot was founded in 2007.
Where is TargetSpot located?
TargetSpot is headquartered in New York, United States. It is registered at New York, New York, United States.
Is TargetSpot a funded company?
TargetSpot is a funded company, having raised a total of $20.19M across 4 funding rounds to date. The company's 1st funding round was a Series B of $8.6M, raised on Apr 30, 2007.
What does TargetSpot do?
TargetSpot was founded in 2007 in New York, United States, as an internet radio advertising network. Brands and local businesses are linked to online listeners through interactive, network, and spot radio advertising solutions. A self-service platform is offered for campaign creation, incorporating targeting by geography, demography, behavior, and context. Partnerships are held with data providers such as Nielsen, Quantcast, and BlueKai to support operations in the audio streaming sector.
Who are the top competitors of TargetSpot?
TargetSpot's top competitors include Triton Digital, Vibenomics and XAPPmedia.
What products or services does TargetSpot offer?
TargetSpot offers Passport Audio Manager [PAM], Targetplay, Shoutcast, and Adserver.
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