Auction-based advertising infrastructure startup, Topsort, has raised USD8 million in a seed funding round.
Founded just over a year ago, Topsort closed its seed round from various marketplace investors including Pear Ventures, Quiet Capital, FJLabs, Micky Malka (Ribbit Capital), Lydia Jett (Softbank), Akhil Paul, Comma VC and various other individual investors. This seed funding round sees the company valued at USD110 million.
Topsort will use this round of funding to fuel its continuous growth, scale its product further and continue its mission to empower marketplaces by democratising the previously exclusive auction-based advertising technology that has been used to drive profits at some of the biggest names in Silicon Valley.
