Choozle closes $4.1M Series A funding round

By: InnovatioNews Thursday January 22, 2015 0 comments Tags: Andrew Fischer, Choozle, Denver, digital advertising


DENVER - Choozle, provider of the world's most intuitive digital advertising platform, announced the closing of a $4.1 million Series A round of growth financing.

Choozle leverages detailed consumer insights to power real-time advertising campaigns across video, mobile, display and social mediums, all from a single, simple interface.

During the last four months of 2014, the company said it experienced a 71 percent month-over-month growth rate and now has more than 100 subscribing clients including Cricket Wireless, Gaiam, SendGrid, Willow Tree and the agencies Balcom, Brighton and YouConnex.

In Q4 2014, Choozle said it added sales and support operations in New York City and San Francisco to meet an explosive demand for programmatic advertising solutions.

"Ranging from small businesses to top-tier brands and agencies, our clients are among the most innovative thinkers in marketing today, and a 95 percent renewal rate shows their satisfaction with the platform and execution," said Andrew Fischer, Choozle co-founder and CEO.

"Our goal is to bring programmatic to the people by making digital advertising simple, scalable and effective."

Choozel said it will use the $4.1 million investment to further innovate its platform and grow its sales to pace market demand.

Since its founding in 2012, Choozle has raised $5.8 million venture funding.

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InnovatioNews is an online news magazine spotlighting innovative companies, products and people in Colorado. Launched in June of 2012, the site is the recipient of multiple awards.