Qortex

Overview
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Marketing Automation?
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Go-to-Market
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AdTech
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Qortex (formerly known as CatapultX) is an AI-driven supply-side ad platform (SSP) that provides advertisers and publishers with access to exclusive inventory across web, connected TV (CTV), and in-app environments. Its proprietary AI-driven solution, the Moments Marketing Platform, specializes in delivering high-impact ads at strategically perfect moments within video content, enabling the placement of ads relevant to the content. As of November 2023, its clients included major brands such as Microsoft, Ford, WatchMojo, and P&G.

The platform claims to be the first AI-powered on-stream video advertising and monetization platform. It claims to deliver 88% on-stream viewability, 6.8x longer full-view time, and 2.3x more consumer engagement by leveraging the creative flexibility of native advertising and the power of dynamic content optimization (DCO).

Key customers and partnerships   

In March 2022, the company partnered with BidMind, an omnichannel programmatic advertising platform, to enhance contextual advertising in a cookie-free future.

Funding and financials 

In November 2023, the company raised USD 6 million in a Series A funding round led by GFT Ventures to strengthen its business development team, striving for a more balanced composition with an equal number of engineers and business development staff by 2024.

HQ location:
368 9th Avenue 9th Floor New York NY USA
Founded year:
2020
Employees:
11-50
IPO status:
Private
Total funding:
USD 10.6 mn
Last Funding:
USD 10.0 mn (Seed; Nov 2023)
Last valuation:
USD 3.6 mn (Feb 2020)
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