Palmax
Latest round
- Series A
Last raised
- Jun 2017
Total raised
- Undisclosed
Investors
- 3
About Palmax
Founded in 2015 in Beijing, China, Palmax specializes in mobile performance advertising. The company was established by Le Chang, who has a background in technology and business.Palmax specializes in mobile performance advertising, offering a fully managed advertising and data analysis solution tailored for businesses across various sectors, including gaming, e-commerce, and fintech. The company's core product offerings integrate advanced traffic sources, media buying, application distribution, and e-commerce promotion, leveraging algorithms-driven technology to connect advertisers with targeted audiences effectively. These solutions address common challenges in user acquisition and ad monetization, providing metrics such as registration rates, user quality, and long-term retention.Palmax generates revenue through partnerships and direct service offerings, focusing on performance-based advertising solutions. The company executes business transactions primarily through contracts with clients for managed advertising services and data analytics. These transactions typically involve negotiated service agreements, where clients pay for advertising placements and performance metrics based on a cost-per-install (CPI) model. Palmax's revenue structure may include fees for premium advertising services, reflecting the performance-based nature of their offerings. The company is in the process of designing new advertising solutions aimed at addressing emerging challenges in user engagement and retention. Additionally, Palmax is targeting expansion into new international markets, particularly increasing its presence in regions like Europe and Southeast Asia by 2024.
Who invested in Palmax
3 investors across 2 rounds
See all investors in Palmax
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Palmax
Who invested in Palmax?
Palmax has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Palmax raised?
Palmax has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Palmax last raise money?
Palmax's most recent round on record is a Series A, in Jun 2017.
What does Palmax do?
Founded in 2015 in Beijing, China, Palmax specializes in mobile performance advertising.
Where is Palmax headquartered?
Palmax is headquartered in Beijing, China.
Which VCs invest in companies like Palmax?
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 Palmax's stage. Their profiles are linked below.
VCs backing marketing/advertising startups at Series A
Raising like Palmax? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.