Adwerx - About the company
Adwerx is a series B company based in Durham (United States), founded in 2013 by Michael Doernberg. It operates as an Ad creative automation and customer relationship advertising platform. Adwerx has raised $27.7M in funding from investors like Savano Capital Partners, Grotech Ventures and Texas Capital Bank. The company has 1220 active competitors, including 73 funded and 46 that have exited. Its top competitors include companies like Runway, Goldcast and Air Ops.
Company Details
Ad creative automation and customer relationship advertising platform. The platform assists users in advertising by targeting zip codes, TV commercials, and more. It allows users to customize advertisements and set up ad campaigns.
- Website
- www.adwerx.com/
- Email ID
- *****@adwerx.com
- Phone Number
- +1 **********
- Registered Address
- Durham,North Carolina
Key Metrics
Founded Year
2013
Location
Durham, United States
Stage
Series B
Total Funding
$27.7M in 6 rounds
Latest Funding Round
Investors
Ranked
14th among 1220 active competitors
Employee Count
61 as on Jul 31, 2026
Legal entities associated with Adwerx
Adwerx is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ADWERX, INC CIN: 472283655 , United States, Active | Dec 31, 1999 | - | 46 (As on Dec 31, 2024) | - |
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Adwerx's funding and investors
Adwerx has raised a total funding of $27.7M over 6 rounds. Its first funding round was on Aug 03, 2015. Its latest funding round was a Series B round on May 18, 2023 for $*****. 7 investors participated in its latest round. Adwerx has 16 institutional investors.
Here is the list of recent funding rounds of Adwerx:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 18, 2023 | 8771411 | Series B | 9268435 | 9629021 | 9502334 | 5330632 |
Jan 09, 2023 | 6164427 | Series B | 8231078 | 6240256 | 6554717 | 3694253 |
Nov 23, 2021 | 3221149 | Series B | 4003125 | 5162768 | 5089626 |
View details of Adwerx's funding rounds and investors
Adwerx's founders and board of directors
Founder? Claim ProfileThe founders of Adwerx is Michael Doernberg.
Here are the details of Adwerx's key team members:
- Michael Doernberg: Co-Founder of Adwerx. They serve on the board of 1 company.Contact Info: 1 email address
Adwerx's Board of Directors
Adwerx's board has 16 active members. Michael Collins, Michael Doernberg, Scott Albert, Jonathan Perl, David Spitz, J. Christopher Lynch, Edward J. Carlson, Donald J. Rainey, A.G.W. Biddle, III, A.G.W. Biddle, Nicholas Sehn, Elizabeth C. Shih, Liz Shih, Jean C. Michel, Paul Winter and Christopher C. Smith are independent board members.Here is the list of Adwerx's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 3y 7m | |
yw{clky | Independent board member | - | Current | 7y 1m |
o{ytyjb | Independent board member | - | Current | 2y 9m |
kaajbuw | Independent board member | - | Current | 9y 8m |
mfd{jgk | Independent board member | - | Current | 1y 6m |
rvkfoui | Independent board member | - | Current | 5y 1m |
beovpbk | Independent board member | - | Current | 4y 2m |
yfuqeyt | Independent board member | - | Current | 1y 5m |
gfzq{eb | Independent board member | - | Current | 8y 5m |
g{zxtvo | Independent board member | - | Current | 3y 4m |
lsnkvs{ | Independent board member | - | Current | 3y 7m |
snlcjkf | Independent board member | - | Current | 6y 4m |
ributpn | Independent board member | - | Current | 5y 8m |
vxaasfs | Independent board member | - | Current | 1y 1m |
dhypgab | Independent board member | - | Current | 6y 7m |
pkxsefr | Independent board member | - | Current | 2y 8m |
View details of Adwerx's Founder profiles and Board Members
Adwerx's employee count trend
Adwerx has 61 employees as of Jul 26. Here is Adwerx's employee count trend over the years:
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Adwerx's Competitors and alternates
Top competitors of Adwerx include Runway, Goldcast and Air Ops. Here is the list of Top 10 competitors of Adwerx, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Runway 2018, New York City (United States), Series E | Developer of artificial intelligence tools for image and video generation | $860M | 76/100 | |
2nd | Goldcast 2020, Cambridge (United States), Acquired | Cloud based platform offering virtual event management solutions | $42M | 71/100 | |
3rd | Air Ops 2021, San Francisco (United States), Series B | Provider of a platform for content optimization and AI search visibility | $62.5M | 67/100 | |
4th | Banzai 2015, Seattle (United States), Public | Provider of a platform for webinars, video creation, and marketing | $21.2M | 66/100 | |
5th | Vidmob 2015, New York City (United States), Series D | Cloud based creative marketing and advertising platform | $210M | 65/100 | |
6th | Luxury Presence 2015, Los Angeles (United States), Series C | Provider of website design, marketing, and lead management platform services | $74.6M | 65/100 | |
7th | Segwise 2023, Lewes (United States), Seed | Developer of artificial intelligence agents for creative analytics and generation | $1.87M | 64/100 | |
8th | Provider of AI agents for advertising creative, targeting, and optimization | $3.47M | 62/100 | ||
9th | Cloud based digital marketing automation solutions for the real estate industry | $57.8M | 61/100 | ||
10th | Lofty 2010, New York City (United States), Acquired | Provider of an AI-powered platform for real estate professionals | $5.35M | 61/100 | |
14th | Adwerx 2013, Durham (United States), Series B | Ad creative automation and customer relationship advertising platform | $27.7M | 57/100 |
Looking for more details on Adwerx's competitors? Click here to see the top ones
Adwerx's Investments and acquisitions
Adwerx has made no investments or acquisitions yet.
Reports related to Adwerx
Here is the latest report on Adwerx's sector:
News related to Adwerx
Media has covered Adwerx for a total of 2 events in the last 1 year, 1 of them has been about company updates.
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Adwerx Integrates with Canva to Turn Agent Designs into Live Ad CampaignsDestinationcrm•Aug 04, 2026•Canva, Adwerx
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Imaginuity Subsidiary Acquires Assets of Adwerx Digital Advertising PlatformMartech360•Nov 06, 2025•Imaginuity, Adwerx
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Adwerx Secures $3 Million in Funding to Fuel Platform ExpansionICrowdNewswire•May 18, 2023•Adwerx, Savano Capital Partners, Observatory Capital Management, Grotech Ventures and 2 others
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Durham real estate tech firm Adwerx raises $2.8M; new CEO says more is comingWRAL TechWire•Jan 26, 2023•Adwerx
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Adwerx Appoints Michael Collins as Chief Executive Officer To Drive Next Phase of GrowthICrowdNewswire•Jan 19, 2023•Adwerx, Marketron
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Blake Real Estate Expands its Digital Advertising Strategy with AdwerxAiThority•May 12, 2022•Blake Real, Adwerx
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Give Financing Joins Forces with Adwerx to Provide Loan OfficersICrowdNewswire•Jan 12, 2022•Adwerx, Give Financing
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