Captify raises £8m in Series B funding led by Smedvig Capital to fuel international expansion
The search intelligence platform secured Series B backing from Smedvig Capital and Panoramic Growth Equity to scale its product suite.
Share allotment filed at Companies House
Captify operates an independent search data network and provides search retargeting technology for major brands and media agencies.
London advertising technology provider Captify has secured £8m in a Series B funding round led by Smedvig Capital, with continued participation from existing backer Panoramic Growth Equity. The company plans to direct the capital towards enhancing its search intelligence platform, broadening its product offerings, and driving further international expansion.
Founded in 2011, Captify operates a prominent independent search data network spanning billions of searches and hundreds of millions of users globally. The fresh capital arrives as the firm prepares to roll out new mobile search and video products, building upon its core search retargeting capabilities.
From the founder
"This £8 million investment is a significant milestone for Captify as it will enable us to consolidate our position as the European market leader in search data driven advertising and analytics and put us on course to claim true global leadership. It is indicative of how the European ad tech space is flourishing and providing genuinely tough competition to established US rivals."
Dominic Joseph
Co-founder and CEO at Captify
Investor perspective
"Captify is the clear European leader in a very exciting, disruptive and fast growing segment of advertising technology. The Captify team has built fantastic client relationships through proprietary technology, unique data, great performance and excellent customer service. There is a large global market opportunity here, and we are very much looking forward to working closely with Dom and Adam to further scale the business."
Jon Lerner
Managing Director, Smedvig
Use of funds
- 01Continue product development
- 02Expand into international markets