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Recently Funded|Amount: USD 10.0M|Industry: Software Development

Qortex Secures $10M in Seed Round Funding for Cutting-Edge Video Strategy Optimization Platform

Qortex

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11-50 employees employees (Est.)
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Qortex, the trailblazer in video marketing technology, is thrilled to announce the successful completion of a $10 million funding round aimed at bolstering its pioneering solutions for brands, publishers, and creators. This funding will enable Qortex to further enhance its proprietary AI technology, which contextualizes video content frame-by-frame to optimize advertising, monetization, and engagement outcomes. With this new investment, the company plans to expand the capabilities of its On-Stream™ advertising platform, which offers a seamless, non-disruptive in-video experience that has garnered a staggering 9:1 audience preference over traditional video ads. Qortex is committed to pushing the boundaries of what in-video advertising can achieve by making ads addressable down to the individual user while respecting their viewing experience. Additionally, the funding will support the growth of Qortex’s Intelligent Video Analytics (IVA) engine, which harnesses millions of data points to provide clients with predictive insights, statistical modeling, and comprehensive diagnostic analysis. Recognized as a leader in the industry, Qortex has garnered accolades such as AdExchanger’s Programmatic Power Player and The Drum’s Best Use of AI in Advertising. Backed by esteemed investors like GFT Ventures, Silicon Road Ventures, and Quake Capital, Qortex is set to redefine the video landscape from its headquarters in New York City while fostering a global team dedicated to delivering cutting-edge solutions. This funding marks a significant milestone in Qortex's mission to empower businesses with unparalleled insights and innovative advertising strategies.
August 22, 2024

Buying Signals & Intent

Our AI suggests Qortex may be interested in solutions related to:

  • Video Advertising Services
  • Monetization Strategy Development
  • Contextual Advertising Solutions
  • Analytics Software
  • Content Creation Tools

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