AD(X)
Latest round
- Series C
Last raised
- Apr 2021
Total raised
- $7.2M
Investors
- 2
About AD(X)
Based in Seoul, South Korea and founded in 2016, AD(X) CORP. is a mobile advertising revenue platform that provides application of the most up-to-date ad formats through its close collaboration with ad networks. In 2021, it acquired Gom Factory from Wider Planet and reinforced the technical field of experts. It also acquired casual game developers such as Nfly Studio (Infinite Stairs), Nexelon (Fishing and Life), and Code Dog (the secret of the birth of a tool). It is also investing in indie developers to support sustainable growth. Currently, it has about 450 apps as customers, including Kids Note, Hancom Office Viewer, and KT Whoo, as well as Friends Popcorn, Professional Baseball Superstars 2021, and Three Kingdoms Blade. AD(X) CORP. has recently succeeded in attracting KRW 8 billion worth of investment. The enterprise value recognized in this investment process is over KRW 90 billion. The company provides a mobile advertising revenue platform that maximizes the profits that can be obtained from advertisements by using self-developed advertisement indicators and algorithms for mobile app and game developers, a medium that provides advertising space. AD(X) CORP. plans to secure and acquire ad revenue-oriented game developers and will expand B2B solutions that have reduced costs and to expand the extension of the company while also aiming for listing on the KOSDAQ.
Who invested in AD(X)
2 investors across 1 round
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Funding rounds
Series C
Apr 13, 2021
Amount
$7.2M
Investors
Questions about AD(X)
Who invested in AD(X)?
AD(X) has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has AD(X) raised?
AD(X) has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did AD(X) last raise money?
AD(X)'s most recent round on record is a Series C, in Apr 2021.
What does AD(X) do?
Based in Seoul, South Korea and founded in 2016, AD(X) CORP.
Where is AD(X) headquartered?
AD(X) is headquartered in Seoul, South Korea.
Which VCs invest in companies like AD(X)?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back marketing/advertising companies at AD(X)'s stage. Their profiles are linked below.
VCs backing marketing/advertising startups at Series C
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