About Waymark
Waymark is a company based in Detroit (United States) founded in 2010 by Jay Gierak and Nathan Labenz. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Waymark has raised $5.7 million across 7 funding rounds from investors including Alphabet, Automation Alley and Michigan Economic Development. The company has 27 employees as of December 31, 2023. Waymark offers products and services including AI Video Ad Platform, Waymark Cinematic, and Self-Serve Ads. Waymark operates in a competitive market with competitors including Tyroo, Idomoo, Reforged Labs, Vidsy and VideoMonster, among others.
- Headquarter Detroit, United States
- Employees 27 as on 31 Dec, 2023
- Founders Jay Gierak, Nathan Labenz
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Sectors
Media & EntertainmentTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Waymark
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.7 M (USD)
in 7 rounds
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Latest Funding Round
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Investors
Alphabet
& 7 more
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Employee Count
27
as on Dec 31, 2023
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Products & Services of Waymark
Waymark offers a comprehensive portfolio of products and services, including AI Video Ad Platform, Waymark Cinematic, and Self-Serve Ads. 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.
AI tool generates video ads for revenue growth.
High-quality video ads created with AI speed.
Seamless tool enables customer ads to air.
Unlock access to complete
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Funding Insights of Waymark
Waymark has successfully raised a total of $5.7M across 7 strategic funding rounds. 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 7
- Last Round Last Round
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First Round
First Round
(01 Jun 2010)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Series A - Waymark | Valuation | Tech Startup Stabilization Fund |
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| Jun, 2017 | Amount | Series A - Waymark | Valuation | Alphabet |
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| Dec, 2014 | Amount | Series A - Waymark | 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 |
Investors in Waymark
Waymark has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Alphabet, Automation Alley and Michigan Economic Development. 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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Founded Year | Domain | Location | |
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Tech focused VC firm that does seed and early stage investments in the US
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Founded Year | Domain | Location | |
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Seed-focused venture capital firm investing in tech-based startups
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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 Waymark
| 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 - Waymark
| 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 |
Waymark Comparisons
Competitors of Waymark
Waymark 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 Tyroo, Idomoo, Reforged Labs, Vidsy and VideoMonster, 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 |
Platform offering ad video creation software.
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| domain | founded_year | HQ Location |
Personalized videos are created via a cloud platform for brands.
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| domain | founded_year | HQ Location |
AI-generated video ads for gaming enterprises are created.
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| domain | founded_year | HQ Location |
Online community for creative video making
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| domain | founded_year | HQ Location |
Short videos for professionals are created via an online platform.
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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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Latest news on Waymark
Frequently Asked Questions about Waymark
When was Waymark founded?
Waymark was founded in 2010.
Where is Waymark located?
Waymark is headquartered in Detroit, United States. It is registered at Detroit, Michigan, United States.
Who is the current CEO of Waymark?
Alex Persky Stern is the current CEO of Waymark.
Is Waymark a funded company?
Waymark is a funded company, having raised a total of $5.7M across 7 funding rounds to date. The company's 1st funding round was a Series A of $1.35M, raised on Jun 01, 2010.
How many employees does Waymark have?
As of Dec 31, 2023, the latest employee count at Waymark is 27.
What does Waymark do?
Waymark is established as a provider of an AI-powered video advertising platform. The company focuses on enabling businesses to create high-quality video ads quickly for various sectors including sales, creative production, and technology providers. Solutions offered by Waymark include instant branding, AI scriptwriting, intuitive editing, and translation variations, ensuring scalability and performance across digital, social, and broadcast channels. The platform is designed to drive revenue and growth through personalized and broadcast-ready video content.
Who are the top competitors of Waymark?
Waymark's top competitors include Idomoo, Reforged Labs and Tyroo.
What products or services does Waymark offer?
Waymark offers AI Video Ad Platform, Waymark Cinematic, and Self-Serve Ads.
Who are Waymark's investors?
Waymark has 8 investors. Key investors include Alphabet, Automation Alley, Michigan Economic Development, Tech Startup Stabilization Fund, and Detroit Venture Partners.