AdverCar, a New Orleans, LA- and San Francisco, CA-based developer of an auto advertising service, has raised $2m in seed funding.
The round was led by Canaan Partners, with participation from 1-800-Flowers, Branford Castle Private Equity, New Orleans Startup Fund, TiE Angels Boston and Jit Saxena.
Led by Neil Turner, founder and CEOm adverCar provides provides out-of-home ad services that aims to connect local and national advertisers with consumers, displaying ads that cannot be ignored, by targeting people where they live, play, work and shop, and driving them to desired behaviors.
The company’s Board of Directors includes Jim McCann, CEO of 1-800-Flowers and Deepak Kamra, partner at Canaan Partners.
FinSMEs
31/10/2012