How Much Did SummitMedia Raise?
Funding & Key Investors

SummitMedia has secured $5M in total capital, with a recent strategic investment of $5M announced on April 9, 2020. This significant financing underscores the company's established presence and strategic growth initiatives within the competitive marketing and advertising landscape.

What is SummitMedia?

SummitMedia
Media & InternetBroadcastingAdvertising Networks

SummitMedia, LLC is a prominent marketing and advertising solutions provider headquartered in Birmingham, Alabama. The company operates a substantial portfolio of forty-four radio stations across nine U.S. cities, positioning itself as a key player in broadcast media. SummitMedia specializes in delivering customized advertising campaigns, encompassing radio, digital, and event marketing strategies, aimed at connecting brands with targeted audiences and driving measurable results. Their commitment to innovation and staying abreast of evolving market trends is central to their service offering.

How much funding has SummitMedia raised?

SummitMedia has raised a total of $5M across 1 funding round:

2020

Debt

$5M

Debt (2020): $5M with participation from PPP

What's next for SummitMedia?

The recent major strategic investment signals a pivotal moment for SummitMedia, likely enabling further expansion of its media reach, technological advancements in advertising platforms, or strategic acquisitions. This infusion of capital is expected to bolster its competitive edge in the enterprise-level marketing sector, allowing for enhanced service delivery and market penetration. The company is poised to leverage this financing to solidify its position and explore new avenues for growth in the dynamic advertising industry.

See full SummitMedia company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Media & Internet industry

Media & InternetLive Blogging
Media & InternetSocial LoginFinancial SoftwareMultimedia, Games & Graphics SoftwareSoftware
Media & InternetLive Blogging
Media & InternetLive BloggingRetailRecord, Video & Book Stores

Frequently Asked Questions Regarding SummitMedia Financial Insights

What are the most recent funding rounds that SummitMedia has completed, and what were the funding rounds?
SummitMedia has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding SummitMedia has raised to date?
SummitMedia has raised a total of $5M in funding to date.
How many funding rounds has SummitMedia completed?
SummitMedia has completed 1 funding rounds.
How much funding did SummitMedia raise in its most recent funding round?
SummitMedia raised $5M in its most recent funding round.
Who are the lead investors in SummitMedia's latest funding round?
The lead investor in SummitMedia's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in SummitMedia's history?
The largest funding round in SummitMedia's history was $5M.
See more information about SummitMedia