StackAdapt, a Toronto, Canada-based multi-channel programmatic advertising platform, has raised $235 million in funding. 

Investor 

The growth capital round was led by Teachers' Venture Growth (TVG), with participation from Intrepid Growth Partners and four other investors, bringing StackAdapt’s total investment to over $500M. 

Teachers' Venture Growth (TVG) focuses on late-stage venture and growth equity investments in cutting-edge technology companies worldwide. TVG is part of the Ontario Teachers' Pension Plan Board, a global investor with net assets of CAD 255.8 billion as of June 30, 2024. TVG has a presence across Asia, North America, and Europe.  

StackAdapt Use of Funds 

The company plans to scale R&D, enhance innovation, and expand its global presence. 

About StackAdapt 

Founded in 2014 by Vitaly Pecherskiy, Yang Han, and Ildar Shar, StackAdapt offers a multi-channel programmatic advertising platform that enables marketers to create and manage digital ad campaigns using AI and automation. The platform supports various channels, including display, video, native, and connected TV. Headquartered in Toronto, Canada, StackAdapt operates in 19 global markets and employs over 1,300 team members worldwide. 

Funding Details 

Company: StackAdapt Inc. 

Raised: $235.0M 

Round: Growth Equity 

Funding Date: February 2025 

Lead Investor: Teachers' Venture Growth 

Additional Investors: Intrepid Growth Partners 

Company Website: https://www.stackadapt.com/  

Software Category: AI Advertising 

Source: https://www.businesswire.com/news/home/20250203806442/en/