Web 3.0 Growth Marketing Leader Addressable Completes $13.5 Million Raise Led by BITKRAFT
December 21, 2023 – Tel Aviv, Israel
Addressable, Web 3.0 growth marketing leader, announced today the successful closure of its second funding round this year, reaching a total of $13.5 million so far.
The infusion of capital will enable Addressable to supercharge its Web 3.0 growth suite and expand its service to new ad networks and blockchains, solidifying its status as the Web 3.0 growth marketing category leader.
This significant milestone is based on Addressable’s strong momentum in its journey toward solving the Web 3.0 growth problem for businesses.
The funding round was led by BITKRAFT Ventures, with participation from strategic investor Karatage, joining existing investors Viola Ventures, Fabric Ventures, Mensch Capital Partners, North Island Ventures and several other strategic investors.
Addressable’s capabilities have expanded significantly, enabling the attribution of crypto wallet owners across 400,000 websites, including Bloomberg, The New York Times and Yahoo Finance.
Addressable now spans three new ad networks including Unity, Pubmatic and Magnite, in addition to the initial coverage of the Twitter ad network.
This expansion enables Addressable to provide more comprehensive and targeted paid ad campaigns across social networks, websites and mobile apps.
Additionally, Addressable’s one-click SDK installation
approved by Google and available on Google Tag Manager simplifies the integration process for marketers, allowing for effortless tracking of website conversions, wallet connects and blockchain conversions.Integrations with the Twitter Pixel, DSP pixels, Mixpanel and Google Analytics further streamline conversion event tracking.
Tomer Sharoni, co-founder and CEO of Addressable, said,
“Addressable’s commitment to revolutionizing Web 3.0 growth remains steadfast, and it becomes even more important in the current market.”
Malte Barth, founding general partner at BITKRAFT Ventures, said,
“We’re thrilled to lead Addressable’s new investment round. As the gaming industry continues to evolve and expand its digital footprint, it’s evident that Web 3.0 technologies will play a crucial role in shaping the future of user engagement.
“Addressable’s innovative Web 3.0 growth suite stands out as a game-changer, offering marketers powerful tools to navigate this dynamic landscape and create profitable user growth at scale.
“We’re excited to support Addressable’s mission to power marketers and look forward to accelerating the impact their platform already has in the gaming industry and beyond.
“The Addressable team distinguishes itself through its battle-tested magic in data and product development, along with a world-class track record in execution.”
Addressable currently serves over 50 customers and has flawlessly executed over 750 campaigns and is excited to unveil enhancements that include tailored playbooks for gaming, DeFi, blockchain infrastructure, services and exchanges.
Michael Migliero, CMO of Big Time Studios, said,
“In the early stages of engaging Web 3.0 gamers, targeted marketing has been key to our success. By leveraging insights from both traditional gamers and Web 3.0 gamers, we’ve refined our approach to user acquisition.
“Addressable’s Web 3.0 growth suite has delivered early promising results in enhancing our marketing strategies, particularly in the precise targeting of our gaming audience. The platform’s role in our marketing efforts
especially in the transition from traditional to Web 3.0 gamer engagement has been noteworthy.“Addressable’s ability to identify and connect with potential gaming customers aligns well with our objectives, making it a valuable tool for our future gaming campaigns.”
Founded in June 2022 by Tomer Sharoni, Tomer Shlomo and Dr. Asaf Nadler, Addressable is a testament to their profound expertise in data analytics and AI.
Together, they have over 20 publications spanning blockchain, machine learning and big data.
The Addressable team comprises 24 employees, distributed across their offices in Tel Aviv, New York, London and Madrid.
About Addressable
Founded in June 2022 by Tomer Sharoni, Tomer Shlomo and Dr. Asaf Nadler, Addressable is the Web 3.0 growth marketing industry leader.
Addressable allows marketers across the space to target and market directly to Web 3.0 audiences by associating blockchain and social data, analyzing on-chain and off-chain behavior and using big data for precise performance tracking.
Contact
Asaf Nadler, COO of Addressable
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Author: ChainWire