GoWit, a Newark, DE-based AdTech company delivering individualized, multi-channel Retail Media advertising solutions, raised US$ 1M in funding.
The round was led by Esas Ventures, Alarko Ventures, APY Ventures and Mindvest GSYF (Venture Capital Investment Fund).
The company intends to use the funds to begin expanding globally, invest in product development and grow their team.
Led by CEO Emrah Adsan, GoWit provides a multi-channel advertising platform for marketplaces that sell their advertising placements to the brands they work with to generate significant additional income streams. Following on from the launch of its latest SaaS product GoWit RMA (Retail Media Ads), the company has shown rapid growth, announcing partnerships with some prominent e-commerce retailers. Its proprietary RMA platform enables different brands and online sellers to increase recognition, product visibility, customer engagement, and sales.
FinSMEs
05/07/2023