Digital Ad agency nabs US$4.3m series A funding

Adriel, an automated digital marketing firm, raised US$4.3 million from Woowa Brothers, Korea Investment Partners and BA Partners in a series A round. The company has raised US$5.6 million so far.

The company’s AI technology autonomously creates ads for social media, search engines and website banners once the business provides its website. Then it runs ads on Facebook, Instagram and Google within the client’s budget and improves ads in real time based on marketing efficiency.

Launched in January 2019, Adriel has run more than 2,000 digital campaigns for businesses from 21 countries. It boasts adding 30% new clients monthly.

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