Downstream.ai (Acq. by Snap, Inc.)

United States
Wrightstown, Wisconsin, United States

Company profile

Downstream.ai (Acq. by Snap, Inc.) company profile

Founded by mobile ad industry veterans, Downstream.ai is building the most scalable, self-serve mobile programmatic advertising solution for the world’s fastest growing businesses. Downstream’s proprietary software allows companies to control mobile RTB with powerful plug-and-play access to in-app and connected TV traffic on the largest mobile ad exchanges through a single dashboard with no coding required. Downstream leverages secure first and third party data to help marketers build scalable campaigns in minutes and at a fraction of the cost. Advertisers benefit from more transparent, granular control of their real time bidding, with a pricing model that scales better for both agencies and direct advertisers. Downstream is backed by London Venture Partners, Otter Consulting, Olive Tree Capital, Ride Ventures, The Gramercy Fund, Rising Tide Fund and a group of prominent industry angel investors. Downstream is headquartered in San Francisco with an office in New York City.

Business identity

Operating status
Closed
Company type
For Profit
Employee range
11-50 employees
Revenue range
$0-$1M
Founded
2016-11-01, Month

Headquarters

Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding stage
Seed
Funding rounds
1
Total equity funding
$1.5M
Last funding
Seed / $1.5M / 2018-01-30
Last equity funding
Seed / $1.5M
Investors
8
Lead investors
1
Founders
4
Closed on
2018-12-27

Founders and investors

Founders

AJ YeakelBrendan LyallJianfeng WangMinglei Xu

Lead investors

LVP

Investors

CEAS InvestmentsLVPOlive Tree CapitalRide VenturesRising Tide