RevX Technology Pvt Ltd
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RevX Technology Pvt Ltd - overview
Established
2013
Location
Bangalore, Karnataka, India
Primary Industry
Marketing/Advertising
About
RevX Technology Pvt Ltd is a technology-oriented firm focused on programmatic advertising solutions, enhancing user acquisition and engagement for mobile applications through innovative platforms and strategies. RevX Technology Pvt Ltd, founded in 2013, is based in Bangalore, India, and specializes in programmatic advertising solutions aimed at mobile applications. The company has undergone a significant pivot, as it was acquired by Affle in June 2019 for an undisclosed amount. The founder, Daniel Sacks, has a history in technology startups that informs the company's direction.
RevX has completed 2 investment deals, with the latest round in June 2019, securing USD 4. 00 mn from investors including Draper Fisher Jurvetson, Helion Venture Partners, Nexus Venture Partners, Norwest Venture Partners, and Peepul Capital. RevX offers technology-driven programmatic advertising solutions focusing on user acquisition, retention, and monetization for mobile applications. Its main product, the Intellibid platform, utilizes proprietary technology for advanced audience segmentation and automated bid optimizations, thus helping advertisers improve their return on ad spend (ROAS).
RevX's offerings also include app retargeting strategies aimed at maintaining user engagement, along with creative innovations supported by data-driven insights. Their clientele includes app developers and marketers across various sectors such as gaming, education, and wellness, primarily in North America, Europe, and Asia. In the most recent fiscal year of 2023, RevX reported no revenue with an EBITDA loss of USD 11,377. 20 mn.
The company's revenue model is performance-based, with clients investing in programmatic advertising campaigns tailored to their goals, resulting in transactions based on impressions or successful user engagements. RevX Technology Pvt Ltd plans to leverage its recent funding to develop new products and expand into additional markets. While specific upcoming products have not been detailed, the company aims to broaden its reach in the North American and European markets significantly by 2024. Following the acquisition by Affle in June 2019, RevX's strategic focus on enhancing its technological capabilities will support these growth initiatives.
Current Investors
Affle India Ltd, Bennett Coleman & Co.
Primary Industry
Marketing/Advertising
Sub Industries
eMarketing/Digital Marketing, Analytics & Performance Software
Website
www.revx.io
Verticals
AdTech
Company Stage
Add-on
Total Amount Raised
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