Boost Media
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 9.3m | 11.7m | 11.7m | 11.7m | 11.7m | 4.9m |
% growth | - | 26 % | - | - | - | (58 %) |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$1.6m | Seed | ||
N/A | Series A | ||
$1.4m | Series A | ||
$2.0m | Series A | ||
$8.0m | Series B | ||
$19.0m | Series C | ||
N/A | $4.1m | Early VC | |
Total Funding | CAD49.2m |
Recent News about Boost Media
EditBoost Media operates in the digital advertising sector, specializing in Search Engine Marketing (SEM) optimization through its AI-driven platform, AdLabs. The company serves large-scale advertisers, including over half of the Fortune 1000, by providing highly optimized ad copy that combines AI Machine Learning with content from existing sources such as webpages, prior ads, and human input. This approach allows for the creation of up to 45,000 unique ad combinations, maximizing ad performance and engagement.
Boost Media's business model revolves around offering a subscription-based service that includes features like dynamic ad creation, sentiment analysis, and A/B testing. These tools help clients identify the most effective content, thereby increasing conversion rates and return on ad spend. The platform also proactively monitors ad performance metrics to detect ad fatigue and deploy new content as needed, ensuring continuous engagement with the target audience.
The company generates revenue through subscription fees and possibly performance-based pricing models, depending on the client's needs and the scale of their advertising campaigns. By leveraging advanced analytics and machine learning, Boost Media helps its clients achieve higher conversion volumes and improved campaign metrics.
Keywords: AI-driven, SEM optimization, dynamic content, ad fatigue, sentiment analysis, A/B testing, conversion rates, Fortune 1000, machine learning, digital advertising.