What is Adverity?
Launched in 2015, Adverity is a data integration and analytics platform designed to empower businesses to collect, combine, and effectively utilize their data for accelerated performance. The company provides a solution that enhances data connectivity, transformation, utilization, and governance for hundreds of renowned brands and agencies globally. Adverity's mission is to unlock the full potential of data, enabling companies to make more informed decisions and drive business success. Its global presence with offices across various regions signifies its expansive reach and commitment to serving a diverse international clientele.
How much funding has Adverity raised?
Adverity has raised a total of $162.8M across 4 funding rounds:
Series A
$3.9M
Series B
$8.9M
Series C
$30M
Series D
$120M
Series A (2018): $3.9M with participation from Mangrove Capital Partners, Outfittery, aws Founders Fund, 42CAP, Speedinvest, and Lesara
Series B (2019): $8.9M, investors not publicly disclosed
Series C (2020): $30M supported by aws Gründerfonds, Felix Capital, SAP.iO Fund, Sapphire Ventures, and Mangrove Capital Partners
Series D (2021): $120M featuring SoftBank Group and Sapphire Ventures
Key Investors in Adverity
SoftBank Group
SoftBank Group Corp. is a global technology holding company driving innovation across telecommunications, internet services, artificial intelligence, smart robotics, IoT, and clean energy technologies. Through its diverse portfolio of companies and strategic investments, including leading semiconductor IP providers, SoftBank Group supports the development and scaling of transformative technologies worldwide. The company leverages its global investment platforms, including the SoftBank Vision Fund, to identify and back businesses that have the potential to shape the next phase of the Information Revolution. With a focus on long-term growth, technological advancement, and industry leadership, SoftBank Group combines strategic capital, operational expertise, and a forward-looking vision to foster innovation and create lasting value across its global network of companies.
Sapphire Ventures
Sapphire Ventures is a venture capital firm focused on investing in and providing services to technology companies. They are based in Palo Alto, California.
aws Gründerfonds
aws Gründungsfonds is a venture capital firm that collaborates long-term with outstanding founders to support companies with high-growth technology and global ambitions. The firm focuses on early-stage financing, providing capital to innovative startups in various sectors, including AI and sustainability. Their portfolio includes successful investments in companies like Kickscale, Planted, and Prewave, showcasing their commitment to fostering technological advancements. With a team of experienced professionals, aws Gründungsfonds aims to shape the future by empowering visionary entrepreneurs.
What's next for Adverity?
The substantial enterprise-level funding Adverity has garnered, particularly the recent strategic investment, positions the company for accelerated scaling and further innovation. This capital infusion is expected to fuel advancements in its data analytics platform, potentially expanding its market reach and enhancing its technological capabilities. Adverity is likely to focus on strengthening its global operations, deepening its client relationships, and continuing to develop cutting-edge solutions that address the evolving needs of businesses in data management and performance optimization. The company's consistent funding rounds suggest a strategic approach to growth, aiming for sustained market leadership.
See full Adverity company page
