Pursway, Ltd.

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Pursway, Ltd. - overview

Established

2005

Location

Herzliya, -, Israel

Primary Industry

Software

About

Pursway, Ltd. is a data-driven marketing technology company that enhances customer engagement by leveraging data analytics and machine learning to optimize marketing strategies for brands. Founded in 2005 in Herzliya, Israel, Pursway, Ltd. specializes in providing data analytics solutions aimed at improving customer relations.


The company was acquired by Interpublic Group of Companies, Inc. in a Trade Sale for USD 17. 00 mn on September 21, 2015. Elery Pfeffer, Guy G.


, and Ran Shaul are among the founders who have contributed to the company's vision and operational strategies. Pursway, Ltd. offers advanced marketing solutions, focusing on data analytics to enhance brand engagement. Its services include sophisticated customer data analysis, targeted marketing strategies, and optimization of advertising spend, designed to meet the needs of a diverse clientele across various sectors, such as consumer goods, technology, and retail.


Pursway, Ltd. generates revenue primarily through service contracts that may include fixed-fee agreements and performance-based incentives. These agreements typically involve businesses seeking tailored marketing solutions that utilize Pursway’s innovative data analytics capabilities. Major revenue streams include strategic customer insights and marketing campaign optimization, which help clients achieve effective and financially viable marketing strategies.


Pursway, Ltd. is focused on expanding its product offerings and enhancing its market presence. The company intends to launch new analytical products designed to further optimize customer engagement strategies within the upcoming year. Additionally, Pursway plans to expand into key markets in Europe and Asia-Pacific by 2025, leveraging insights gained from its recent funding.


The acquisition by Interpublic Group is expected to bolster these initiatives by providing the necessary resources to enhance product development and market reach.


Current Investors

Battery Ventures, Globespan Capital Partners

Primary Industry

Software

Sub Industries

eMarketing/Digital Marketing, Analytics & Performance Software, Customer Relationship Management

Website

www.pursway.com

Company Stage

Acquired

Total Amount Raised

Subscriber access only

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