# Drovo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/drovo

- Industry: Software
- Headquarters: London, UK
- Website: www.drovo.media
- Total disclosed funding: $3M
- Latest round: Series A (Aug 25, 2023)
- Investors on record: 5

## About

Founded in 2015 and based in London, UK, Adverttu Ltd doing business as Drovo, operates as a campaign management company that offers digital screens for advertising purposes. The firm is a B Corp certification company and was founded by its CEO Artjom Jekimstev. In October 2023, Drovo raised GBP 3 million in Series A funding led by Maven Capital Partners, Change Ventures, Growthdeck, and SEL Capital.

Drovo offers a programmatic transit advertising platform, which is a software platform that allows businesses to deploy dynamic digital screens on a range of vehicles, facilitating the creation of tailored advertising campaigns that effectively engage with audiences during their daily commute and help users generate revenue while driving. The products and solutions offered by the company include out-of-home (OOH) advertising solutions, digital engagement campaigns, Drovo's tracking dashboard to monitor and analyze campaigns, and many more. In addition, the firm offers a mobile application for both Android and iOS users. Its client base includes Deliveroo, Paco Rabanne, Uniqlo, and American Express.

The company plans to use the funds raised in October 2023 to enhance its platform.

## Funding rounds

- Series A, Aug 25, 2023, $3M — Growthdeck, Venturian, Change Ventures, Caygan Capital, Maven VCT

## Investors

- Growthdeck — Series A
- Venturian (https://capitalatlas.ai/funds/venturian) — Series A
- Change Ventures (https://capitalatlas.ai/funds/change-ventures) — Series A
- Caygan Capital — Series A
- Maven VCT — Series A