From Pulse 2.0 · Amit Chowdhry · · 1m 10s
Kevel Raises $52m To Scale AI Commerce Infrastructure
Kevel secures $52m funding to expand AI-powered commerce media networks globally.
In brief
Kevel secures $52m funding to expand AI-powered commerce media networks globally. Kevel raised $52 million to scale AI-driven commerce media infrastructure for retailers and marketplaces. Originally reported by Pulse 2.0.
Kevel Raises $52m
Kevel has raised $52 million in new capital to accelerate development of its artificial intelligence-powered commerce media infrastructure and expand globally.
Total Funding Exceeds $100m
The financing represents the largest capital raise in Kevel’s history and brings the company’s total funding to more than $100 million.
Strategic Investors
The round includes expanded strategic investments from Fulcrum Equity Partners, dunnhumby Ventures, and Iberis Capital, along with additional growth capital from ORIX Corporation USA’s Growth Capital business.
API-First Advertising Tech
Kevel provides API-first advertising technology that enables retailers, marketplaces, and commerce platforms to build and operate their own media networks around proprietary customer data and business strategies.
Global Customer Base
Kevel currently supports more than 100 commerce media networks globally. Customers include Tesco, Dollar General Media Network, John Lewis Partnership, PayPal, Scandinavian Airlines, Home Depot’s Orange Apron Media, and Nubank across North America, Europe, Latin…
At a glance
Kevel raised $52 million to scale AI-driven commerce media infrastructure for retailers and marketplaces.
