AdTech Startup Adverank Secures $1M for Self-Storage PPC Platform
Zionsville, Indiana-based AdTech startup Adverank has secured $1 million in seed funding. Led by AVAD Capital, the investment will support the refinement of Adverank's tech-enabled advertising platform, which focuses on boosting pay-per-click (PPC) advertising in the self-storage industry.
Adverank's software provides daily PPC recommendations based on point of sale data and PPC results, aiming to impact occupancy rates. The company has already served over 60 million ads for more than 125 facilities, approaching 10 million rentable square feet and 50,000 units. Despite no publicly available information about additional capital investors, Adverank plans to launch a Series A round within 12 months to expand its platform to other commercial real estate properties.
The current funding will be used to refine Adverank's platform, which has shown promising results in the self-storage sector. By leveraging data and technology, Adverank aims to help real estate owners maximize their advertising efforts and occupancy rates.
Adverank, with its innovative PPC advertising platform, has secured $1 million in seed funding to further develop its technology. The company's expansion plans include a Series A round within the next year, targeting other commercial real estate properties. This investment signals growing interest in tech-driven solutions for the real estate industry.
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