Wask, an Istanbul, Turkey-based digital marketing tool for social media, raised $2.4 million in funding as it prepares to launch a third version of its marketing software.
The round was led by Eksim Ventures, with TechOne VC, Logo Ventures, Technology Development Foundation of Türkiye (TTGV), APY Ventures, and Türkiye Development Fund.
Wask’s platform enables advertisers to control their campaigns across Facebook, Google, Youtube, and Instagram ads from one place. Its artificial intelligence-supported software monitors customer visits and gives automatic outputs to increase the efficiency of campaigns.
The Turkish marketing platform is preparing to launch its latest offering to social media advertisers. Wask says it has increased its revenue 4 times and expanded the team to 32 people since its investment round last year.
Currently, it has over 6,000 subscribers in a reach of over 120 countries including the United States, Canada, England, Germany, France, Argentina, and Spain.
"We have achieved a significant global growth with a small team in a short time. We are witnessing that the digital marketing sector, which we are experienced in, is growing rapidly and as it grows, more problems arise in the sector. We take advantage of these opportunities and develop products according to their needs by keeping in touch with our users very often,” says Ercan Pilcioğlu founder of Wask.
Company: WASK, INC.
Raised: $2.4M
Round: Unknown
Funding Month: March 2023
Lead Investors: Eksim Ventures
Additional Investors: TechOne VC, Logo Ventures, Technology Development Foundation of Türkiye (TTGV), APY Ventures, and Türkiye Development Fund
Company Website: https://www.wask.co/
Software Category: Advertisement Management Software
About the Company: WASK is a cloud-based advertisement management software designed to manage all social media and marketing accounts in one place. Users can easily manage their advertising accounts from a single screen by connecting them to the Wask platform with just one click. Wask provides more efficient management of digital ads across all devices and enables all transactions to be performed easily by spending less time with tools such as budget management, autopilot, a scheduler, automatic reporting, and performance comparison.
Source: https://tech.eu/2023/03/29/wask-raises-2-4-million-to-enhance-its-marketing-software/