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Beeswax's mission is to help advertisers design their perfect programmatic ecosystem through its Bidder-as-a-Service platform.
Data, algorithms, and strategy form the backbone of successful automated programmatic spending for buyers of ad space, but without experienced data scientists, optimizing this process can be difficult. In addition to this challenge, automated programmatic bidding comes at the cost of a percentage of media spend, a fee that can hold back companies that are successfully scaling through ads.
Beeswax provides a Bidder-as-a-Service platform for programmatic spending, helping companies leverage their data and algorithms to maximize programmatic spending. The platform's approach is designed to facilitate flat pricing models as opposed to commissions, avoid one-size-fits-all approaches, and provide a variety of optional tools depending on experience level.
Whilst most programmatic spending managers use traditional DSPs or build their own bidders for ad space, Beeswax's approach shows helps reduce the associated fees, decrease deployment time, and increase accessibility to personalized ad space bidding. Furthermore, by providing various tools and APIs to provide for different experience levels, the company is ensuring that its technology is available to all who would benefit from it, regardless of data engineering experience.
Steph
Company Specialist at Welcome to the Jungle
Jan 2019
$15m
SERIES B
Sep 2016
$11m
SERIES A
This company has top investors
Ari Paparo
(CEO)Senior Vice President of Product Management for AppNexus from 2011 to 2012. Executive Vice President of Product Management for Bazaarvoice from 2013 to 2014.