NumberEight Raises $2.7M in Pre-Series A Funding for Privacy-First AI Advertising Solutions, Eyeing Global Expansion.
NumberEight focuses on innovative AI-driven advertising solutions that prioritize user privacy.
Company Name: NumberEight
Location: London, UK
Sector: On-Device AI for Advertising
Funding Details: Raised $2.7M in Pre-Series A funding, led by ACF Investors. Participants include Nauta Capital, Ascension Ventures, Enterprise 100 angels, COREangels EnterpriseTech, COREangels Big Data & AI Europe, and strategic angels like John Libby, Nick Button-Brown, and Ionut Ciobotaru.
Purpose of Investment: To drive commercial growth, enhance product development, and accelerate US expansion in response to market interest.
Leadership: CEO Abhishek Sen
Product: An on-device AI solution that offers ‘privacy-first’ identity solutions for advertising, enabling advertisers to effectively target audiences without compromising user privacy.
About Company: NumberEight focuses on innovative AI-driven advertising solutions that prioritize user privacy. Their technology enables publishers and ad platforms to provide enriched, anonymous data for targeted advertising without relying on traditional identifiers.
Global Operations: Collaborates with global clients in audio, gaming, and advertising sectors, including Southern Cross Austereo (SCA), Adverty, and AdInMo.