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Adludio raises £2m after 50% growth in US

Adludio raises £2m after 50% growth in US
In brief

Adludio – an AI-powered mobile advertising platform – has secured a £2m investment from investment company Mercia following a £4m investment in 2021.

The company says the funding will allow it to launch a fully automated version of its attention-led platform, offering marketers an SaaS product to design and deliver campaigns that “guarantee engagement.”

Last year, the company achieved 50% growth in the US and has produced mobile creative for major brands, including Ford, Land Rover Jaguar, Estée Lauder, Nike and Microsoft.

Founded in 2015, it has a presence in New York, Los Angeles, Chicago, Atlanta and Detroit and also delivers services via resellers in Hong Kong and Singapore.

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