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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.
Social
XFacebook
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
Ranked
Employee Count
61 as on Jul 31, 2026
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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:lockFilter 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
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Adwerx's founders and board of directors

Founder? Claim Profile
The founders of Adwerx is Michael Doernberg.
Here are the details of Adwerx's key team members:

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

Adwerx's employee count trend

Adwerx has 61 employees as of Jul 26. Here is Adwerx's employee count trend over the years:
Employee count trend for Adwerx
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Runway
Runway
2018, New York City (United States), Series E
Developer of artificial intelligence tools for image and video generation
$860M
76/100
2nd
Logo for Goldcast
Goldcast
2020, Cambridge (United States), Acquired
Cloud based platform offering virtual event management solutions
$42M
71/100
3rd
Logo for Air Ops
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
Logo for Banzai
Banzai
2015, Seattle (United States), Public
Provider of a platform for webinars, video creation, and marketing
$21.2M
66/100
5th
Logo for Vidmob
Vidmob
2015, New York City (United States), Series D
Cloud based creative marketing and advertising platform
$210M
65/100
6th
Logo for Luxury Presence
Luxury Presence
2015, Los Angeles (United States), Series C
Provider of website design, marketing, and lead management platform services
$74.6M
65/100
7th
Logo for Segwise
Segwise
2023, Lewes (United States), Seed
Developer of artificial intelligence agents for creative analytics and generation
$1.87M
64/100
8th
Logo for Zocket
Zocket
2021, Chennai (India), Seed
Provider of AI agents for advertising creative, targeting, and optimization
$3.47M
62/100
9th
Logo for Artur'In
Artur'In
2018, Paris (France), Acquired
Cloud based digital marketing automation solutions for the real estate industry
$57.8M
61/100
10th
Logo for Lofty
Lofty
2010, New York City (United States), Acquired
Provider of an AI-powered platform for real estate professionals
$5.35M
61/100
14th
Logo for Adwerx
Adwerx
2013, Durham (United States), Series B
Ad creative automation and customer relationship advertising platform
$27.7M
57/100
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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

lockFilter this list
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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