REPORT: StackAdapt’s $235M Funding: Growth, AI, and the Illusion of Innovation

Author

Pesach Lattin (ADOTAT)
February 06, 2025

StackAdapt, a programmatic advertising platform, has secured $235 million in equity funding led by Teachers’ Venture Growth (TVG), the investment arm of Ontario Teachers’ Pension Plan, alongside Intrepid Growth Partners and four other investors. This latest round pushes

StackAdapt’s total funding past $500 million and values the company at approximately $2.5 billion. With annual revenue exceeding $500 million and projected operating earnings of $125 million, StackAdapt is proving itself as a serious contender in the programmatic ad space.

But beneath the numbers and AI buzzwords, there’s a critical question: Is this truly an AI-driven innovation, or just another case of advanced automation being repackaged as AI?

Oh, you want the full scoop? The actual juicy details? Yeah, that’s reserved for ADOTAT+ members, because good journalism isn’t free—just like those overpriced oat milk lattes you pretend aren’t highway robbery. But hey, it’s worth it. You get the inside track, the real story, the stuff that makes ad execs nervously refresh their inboxes. And if you think you can just skate by on the free version, well, good luck piecing together half the puzzle like a discount conspiracy theorist. Upgrade. It’s cheaper than whatever nonsense your media agency is overbilling you for this week.

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