Zeotap secures investment from AIV Capital to expand its customer intelligence platform.
AIV Capital backs Zeotap to support new product development and European expansion.
Zeotap operates a customer intelligence platform that helps brands unify and activate customer data while maintaining privacy compliance.
Zeotap has secured a new investment from AIV Capital to support its continued expansion across European markets. The transaction follows a previous Series D round in 2021 that valued the company at over $160m.
The fresh capital will be directed towards developing new product features tailored to privacy requirements and expanding the firm go to market teams. Zeotap has reported strong growth, including a 150 percent increase in annual recurring revenue over the past year within the standalone customer data platform sector.
Investor perspective
"With their CDP and ID+ platform, Zeotap provides a cost-effective way for companies to future-proof their advertising and customer interactions. Zeotap is already one of the leading platforms in the EU and we believe the last round will only help concrete their position."
Ethan Khatri
Investment Manager, AIV Capital
Use of funds
- 01Continue product development
- 02Expand into international markets
- 03Accelerate go-to-market