What is Kevel?
Founded in 2010 and headquartered in Durham, North Carolina, Kevel operates as a sophisticated online advertising platform designed for publishers and networks. It offers a comprehensive API that empowers developers to construct custom ad platforms. Kevel's infrastructure APIs facilitate the creation of diverse advertising solutions, including sponsored listings, internal promotions, and native ad formats, catering to a wide range of digital advertising needs.
How much funding has Kevel raised?
Kevel has raised a total of $33M across 2 funding rounds:
Series B
$10M
Series C
$23M
Series B (2021): $10M with participation from Fulcrum Equity Partners, Aperiam Ventures, JARS Labs, and Commerce Ventures
Series C (2024): $23M led by Fulcrum Equity Partners, Godwin Capital Group, and Iberis Capital
Key Investors in Kevel
Fulcrum Equity Partners
Fulcrum Equity Partners is a growth-focused firm investing between $5-35 million in B2B software and healthcare services, providing capital and strategic support to accelerate business growth.
Commerce Ventures
Commerce Ventures invests in the infrastructure for future industries in retail and financial services, focusing on retail tech, payment tech, insurance tech, and banking tech.
Godwin Capital Group
Godwin Capital Group, LLC is a registered investment adviser providing tailored financial guidance and support, with a focus on investor relations and optimizing client experiences.
What's next for Kevel?
The recent major strategic investment signals Kevel's intent to further solidify its market leadership and potentially expand its technological capabilities. With a history of consistent backing, the company is well-positioned to leverage this capital for product innovation, market penetration, and enhancing its developer-centric API offerings. This funding will likely fuel advancements in programmatic advertising infrastructure and support the growing demand for customizable ad solutions.
See full Kevel company page
