Kiosked has been on the Helsinki startup radar for a long time. They have pivoted several times, but always kept on raising money. Today, the company announced $30 million in Series B funding.
Today, Kiosked is an all-on-one platform that delivers native ads at scale. The round is led by several major institutional investors, including the European Investment Bank. At the same time, the company is expanding to the US with the opening of their New York Office.
“For every one dollar spent by advertisers, only forty cents is delivered to publishers. This is precisely why the current advertising environment is unsustainable - the publisher and the consumer are receiving little to no value,” said Micke Paqvalén, CEO and founder, Kiosked. “Instead, this muddy landscape will be replaced by true Advertising Automation providers like Kiosked, who can deliver a transparent all-in-one platform with Zero Ad WasteTM. We are the first to market and expanding rapidly across the globe, so with this financing round we’re only just beginning to open the doors on what’s to come.”