Advocado: Raises $10M in Funding

Advocado Raises $10M in Funding

  • Advocado, a St. Louis, MO-based data platform connecting and powering cross-screen advertising, raised $10m in funding
  • This includes a $7.5m investment from institutional investment firm, Crescent Cove Advisors
  • The company also added its newest director and existing investor at Vest Coast Capital, Michael Beer, who brings 20 years of finance experience to the Board
  • The company intends to use the funds to rapidly scale operations, accelerate its development of these expanded capabilities
  • The company recently acquired Kantar BVS to gain market share in the broadcast, radio and digital ad verification space
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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