RedTrack Technologies Ltd.

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RedTrack Technologies Ltd. - overview

Established

2018

Location

Limassol, -, Cyprus

Primary Industry

Marketing/Advertising

About

RedTrack Technologies Ltd. , based in Limassol, Cyprus, offers a comprehensive performance marketing analytics platform designed to streamline ad tracking and automation for advertisers across various digital channels. Founded in 2018 in Limassol, Cyprus, RedTrack Technologies Ltd. specializes in performance marketing analytics.


The company has conducted two funding rounds, with the latest being a Series A round that raised USD 3. 2 mn on October 9, 2024, led by Lead Ventures and participated by Iron Wolf Capital and Insta Ventures. The company was founded by Vlad 🇺🇦, also the CEO, who has a history of entrepreneurial ventures prior to RedTrack. RedTrack is an all-in-one performance marketing analytics platform that specializes in providing comprehensive ad tracking and automation solutions for advertisers.


The platform's core offerings include real-time performance data tracking across various advertising channels, including Meta (Facebook), Google, TikTok, and other major ad networks. RedTrack enables clients to monitor metrics down to the ad and placement level, ensuring accurate conversion and revenue matching. The service aims to solve prevalent challenges in digital advertising, such as data accuracy and attribution in an environment increasingly affected by privacy regulations and tracking restrictions. With over 200 integrations, RedTrack caters to a diverse client base, including media buyers, affiliates, and e-commerce businesses across geographical markets such as North America, Europe, and Asia.


In 2022, RedTrack generated revenue of USD 980,420, with an EBITDA of USD -773,659. The company primarily generates revenue through subscription-based models that offer tiered pricing plans tailored to meet the varying needs of its clients. These subscriptions grant users access to a suite of tools designed for ad tracking, attribution, and campaign management. With the recent Series A funding of USD 3.


2 mn secured on October 9, 2024, RedTrack Technologies Ltd. aims to enhance its product offerings, particularly focusing on the development of an AI product. The company plans to leverage its established presence in the U. S.


market and enhance its product team's capabilities to facilitate growth. Expansion into additional geographic regions is also on the horizon, although specific markets have not been detailed.


Current Investors

Iron Wolf Capital, Flyer One Ventures, Lead Ventures

Primary Industry

Marketing/Advertising

Sub Industries

Marketing/Advertising, Analytics & Performance Software, Content Management Software

Website

www.redtrack.io

Verticals

AdTech, Artificial Intelligence, Cloud Computing

Company Stage

Series A

Total Amount Raised

Subscriber access only

RedTrack Technologies Ltd. - timeline of key events

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RedTrack Technologies Ltd. - financials

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RedTrack Technologies Ltd. - employee data

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