Tech Company Financing Transactions

Kevel Funding Round

On 12/13/2021, Kevel received $10 million in Series B investment from Fulcrum Equity Partners and private investors.

Transaction Overview

Company Name
Announced On
12/13/2021
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors

Fulcrum Equity Partners (Lead Investor)

Proceeds Purpose
The capital will be allocated to expand the Kevel team, as well as acquire more partnerships, develop product features, and expand into retail media.

Company Information

Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
505 S Duke St. 500
Durham, NC 27701
USA
Email Address
Overview
Kevel began as Adzerk in 2009 when software engineer James Avery wanted better tech for managing his network's ads. While initially being JavaScript-based, Kevel quickly focused on server-side API ads as the future of the Internet.
Profile
Kevel LinkedIn Company Profile
Social Media
Kevel Company Twitter Account
Company News
Kevel News
Facebook
Kevel on Facebook
YouTube
Kevel on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
James Avery
  James Avery LinkedIn Profile  James Avery Twitter Account  James Avery News  James Avery on Facebook
Chief Financial Officer
Chessy West
  Chessy West LinkedIn Profile  Chessy West Twitter Account  Chessy West News  Chessy West on Facebook
VP - Customer Service
Bo Liu
  Bo Liu LinkedIn Profile  Bo Liu Twitter Account  Bo Liu News  Bo Liu on Facebook
VP - Engineering
Timothy Ewald
  Timothy Ewald LinkedIn Profile  Timothy Ewald Twitter Account  Timothy Ewald News  Timothy Ewald on Facebook
VP - Marketing
Chris Shuptrine
  Chris Shuptrine LinkedIn Profile  Chris Shuptrine Twitter Account  Chris Shuptrine News  Chris Shuptrine on Facebook
VP - Product Management
Tushar Kirtane
  Tushar Kirtane LinkedIn Profile  Tushar Kirtane Twitter Account  Tushar Kirtane News  Tushar Kirtane on Facebook
VP - Sales
Ronald Nelson
  Ronald Nelson LinkedIn Profile  Ronald Nelson Twitter Account  Ronald Nelson News  Ronald Nelson on Facebook


 

 

Browse more venture capital transactions:

Prev: 12/10/2021: LIVEBUY venture capital transaction
Next: 12/13/2021: Mnemonic venture capital transaction

 

Share this article

 


Where The Data Comes From

We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary