About Verve
Verve is a company based in New York (United States) founded in 2005 was acquired by Gamigo in January 2020. It operates as a SaaS (Software-as-a-Service), and Two-Sided Marketplace. Verve has raised $263.1 million across 11 funding rounds from investors including SVB, Gamigo and Crosscut Ventures. The company has 91 employees as of December 31, 2019. Verve has completed 12 acquisitions, including Beemray, Campus Vacations and Deconstruct Media. Verve offers products and services including Demand Side Platform, Brand+ Marketplace, Performance+ Marketplace, Mobile User Acquisition, and Contextual Web. Verve operates in a competitive market with competitors including Taboola, EX.CO, Supersonic, OpenWeb and Wunderkind, among others.
- Headquarter New York, United States
- Employees 91 as on 31 Dec, 2019
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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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- Legal Name Verve Group, Inc.
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Products & Services of Verve
Verve offers a comprehensive portfolio of products and services, including Demand Side Platform, Brand+ Marketplace, Performance+ Marketplace, Mobile User Acquisition, and Contextual Web. 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.
Campaigns are activated across various emerging media channels.
Premium ad inventory is accessed with audience curation tools.
Diverse inventory is tapped for user acquisition campaigns.
App growth is regained through ID-less campaign strategies.
Meaningful moments are targeted instantly for brand alignment.
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Funding Insights of Verve
Verve has successfully raised a total of $263.1M across 11 strategic funding rounds. The most recent funding activity was a Series E round of $150 million completed in April 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 Funding
- Total Rounds 11
- Last Round Series E — $150.0M
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First Round
First Round
(01 Jul 2007)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2022 | Amount | Series E - Verve | Valuation | Kindred Capital | |
| Oct, 2019 | Amount | Series D - Verve | Valuation | Northzone | |
| Oct, 2017 | Amount | Series C - Verve | Valuation | Molten Ventures , Kindred Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Verve
Verve has secured backing from 17 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB, Gamigo and Crosscut Ventures. 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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Venture capital funding is offered to pre-seed and seed startups.
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Early-stage startups are funded by Northzone venture capital.
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Founded Year | Domain | Location | |
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Venture capital firm providing seed funding and community support to founders
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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 Verve
Verve has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include Beemray, Campus Vacations and Deconstruct Media. 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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Real-time behavioral insights are delivered via location-based targeting.
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2014 | ||||
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Video ads are served across devices via a specialized platform.
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2014 | ||||
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Media buying is optimized through machine learning algorithms for advertising.
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2014 |
| 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 - Verve
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Verve Comparisons
Competitors of Verve
Verve 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, Supersonic, OpenWeb 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 |
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| domain | founded_year | HQ Location |
Ad network platform is utilized for content recommendations and monetization.
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Content management platform
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Game publishing solutions are provided by Supersonic for developers.
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| domain | founded_year | HQ Location |
Cross-device ad network is provided for conversation-based advertising.
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| domain | founded_year | HQ Location |
Adnetwork and performance marketing platform
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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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On-demand services are booked through an app-based platform.
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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 Verve
Frequently Asked Questions about Verve
When was Verve founded?
Verve was founded in 2005 and raised its 1st funding round 2 years after it was founded.
Where is Verve located?
Verve is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Verve?
Sameer Sondhi is the current CEO of Verve.
Is Verve a funded company?
Verve is a funded company, having raised a total of $263.1M across 11 funding rounds to date. The company's 1st funding round was a Series C of $18.5M, raised on Jul 01, 2007.
How many employees does Verve have?
As of Dec 31, 2019, the latest employee count at Verve is 91.
What does Verve do?
Verve is involved in connecting advertisers and publishers through responsible advertising solutions. Focus is placed on emerging channels such as mobile, connected TV, digital out-of-home, gaming, and audio. Solutions are offered for both buyers and sellers, including demand-side platforms, marketplaces for brand and performance advertising, and mobile user acquisition tools. Operations are conducted to maximize return on ad spend and navigate a cookie-less environment. Services are extended across various sectors with innovative, open-source monetization tools.
Who are the top competitors of Verve?
Verve's top competitors include Taboola, Supersonic and EX.CO.
What products or services does Verve offer?
Verve offers Demand Side Platform, Brand+ Marketplace, Performance+ Marketplace, Mobile User Acquisition, and Contextual Web.
How many acquisitions has Verve made?
Verve has made 12 acquisitions, including Beemray, Campus Vacations, and Deconstruct Media.
Who are Verve's investors?
Verve has 17 investors. Key investors include SVB, Gamigo, Crosscut Ventures, Associated Press, and Molten Ventures.
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