Tech Company Financing Transactions
Kevel Funding Round
dunnhumby, Fulcrum Equity Partners and Iberis Capital participated in a $52 million venture round for Kevel. The round was announced on 10/21/2026.
Transaction Overview
Company Name
Announced On
10/21/2026
Transaction Type
Venture Equity
Amount
$52,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The funding will accelerate Kevel's next stage of growth, with transparent AI at the center of its product roadmap.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
505 S Duke St. 500
Durham, NC 27701
USA
Durham, NC 27701
USA
Phone
Website
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
James Avery
Chief Financial Officer
Chessy West
VP - Customer Service
Bo Liu
VP - Engineering
Timothy Ewald
VP - Marketing
Chris Shuptrine
VP - Product Management
Tushar Kirtane
VP - Sales
Ronald Nelson
Browse more venture capital transactions:
Prev: 10/21/2026: Erebor Bank venture capital transaction
Next: 10/21/2026: Longeye 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