SaaS Marketing Technology Firm RevJet Reveals $21 Million
RevJet, creator of the “Ad Experience Platform,” completed its $21 million Series A financing round lead by Nautic Partners. Nautic, a Providence, Rhode Island-based private equity firm with over $4 billion under management, previously invested $66 million behind RevJet’s founders in their prior venture, LifeStreet Media, which according to the company became the number one ad provider to Facebook app developers.
RevJet’s Ad Experience Platform is designed to be the first comprehensive enterprise platform purpose-built to power every marketing creative use case across every media channel at scale. In market for three years, RevJet claims 200% growth in annual recurring revenue from 2016 to 2017, and 200% projected growth in 2018. RevJet is ramping up its investment in AI and machine learning, personalized cross-screen video, and further expansion into international markets.