When was TargetSpot founded?

TargetSpot was founded in 2007 and raised its 1st funding round within a year of its incorporation.

Where is TargetSpot located?

TargetSpot is headquartered in New York City, United States. It is registered at Lennikse Baan 451 1070 Anderlecht.

How many employees does TargetSpot have?

As of Mar 01, 2026, the latest employee count at TargetSpot is 10 - 49.

Is TargetSpot a funded company?

TargetSpot is a funded company, having raised a total of $20.2M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Apr 30, 2007.

When was the latest funding round of TargetSpot?

TargetSpot's latest funding was a $***** Post IPO round on Jul 19, 2019, with participation from 1 investor. Its primary sector is Tech for Traditional Advertising. In United States, the Tech for Traditional Advertising sector has seen $55.2M in funding in 2026 to date.

What is the annual revenue of TargetSpot?

Annual revenue of TargetSpot is less than €1M as on Dec 31, 2024

Where does TargetSpot rank among its competitors?

TargetSpot ranks 3rd amongst 67 active competitors, of which 10 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Vibenomics, which secured $12.3M in May, 2022.

Who are the top competitors of TargetSpot?

TargetSpot's top competitors include Triton Digital, Jelli and AdsWizz. Among them, Vibenomics secured the most recent funding round in May, 2022.

TargetSpot - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

TargetSpot is an internet radio advertising network. It connects brands and local businesses to the online listener with interactive, network and spot radio advertising solutions. Provides a self-service advertising platform to create campaigns, target customers by geography, demography, behavioral, and contextual ad targeting features. Partnered with third-party data partners that include Nielsen Quantcast, Bluekai, and Quantcast.

Website: www.targetspot.com
Social
Email ID: *****@targetspot.com, *****@targetspot.com
Registered Address: Lennikse Baan 451 1070 Anderlecht

Key Metrics

Founded Year

2007

Location

New York City, United States

Stage

Acquired

Total Funding

$20.2M in 4 rounds

Latest Funding Round

Post IPO, Jul 19, 2019, $*****

Investors

Eiffel Investment Group & 8 more

Ranked

3^rd among 67 active competitors

Annual Revenue

€0 - €1M as on Dec 31, 2024

Employee Count

10 - 49 as on Mar 01, 2026

Similar Companies

Triton Digital & 62 more

Exit Details

Acquired by Azerion (Nov 22, 2022)

View TargetSpot's full profile

TargetSpot is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Audiovalley SA CIN: 0473.699.203 , Belgium, Active	Dec 31, 2002	€0 - €1M (As on Dec 31, 2024)	5 (As on Dec 31, 2020)	-
AudioValley CIN: 473699203 , Norway, Active	Dec 31, 2000	€1M - €10M (As on Dec 31, 2019)	5 (As on Dec 31, 2020)

TargetSpot got acquired by Azerion on Nov 22, 2022.

Click here to take a look at TargetSpot's acquisition in detail

TargetSpot has raised a total funding of $20.2M over 4 rounds. Its first funding round was on Apr 30, 2007. Its latest funding round was a Post IPO round on Jul 19, 2019 for $*****. 1 investor participated in its latest round. TargetSpot has 9 institutional investors.

Here is the list of recent funding rounds of TargetSpot:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 19, 2019	3942084	Post IPO	2859621	1162017	4725178	1781030
Jan 11, 2011	6849209	Series C	6650349	5529668	9055359	Union Square Ventures & 3 more
Mar 11, 2008	9076249	Series B	3068002	5140922	7876397	Bain Capital Ventures & 2 more

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View details of TargetSpot's funding rounds and investors

The founders of TargetSpot is Doug Perlson.

Here are the details of TargetSpot's key team members:

Doug Perlson: Former Co-Founder & CEO of TargetSpot and founder of 1 other company.

View details of TargetSpot's Founder profiles and Board Members

TargetSpot's employee count trend

TargetSpot has 10 - 49 employees as of Mar 26. Here is TargetSpot's employee count trend over the years:

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Top competitors of TargetSpot include Triton Digital, Jelli and AdsWizz. Here is the list of Top 10 competitors of TargetSpot, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Triton Digital 2001, Los Angeles (United States), Acquired	Platform offering audio advertising solution	-	Westhook Capital, Black Canyon Capital & 1 others	65/100
2nd	Jelli 2008, San Mateo (United States), Acquired	Audio technology solutions for broadcasters, podcasters, and online music services	$40.3M	TriplePoint Capital, First Round Capital & 8 others	55/100
3rd	TargetSpot 2007, New York City (United States), Acquired	Advertising network for audio streaming	$20.2M	Eiffel Investment Group, Uncommon Denominator ... & 7 others	47/100
4th	AdsWizz 2008, San Mateo (United States), Acquired	Revolutionizing digital audio advertising, monetization, and content creation solutions	$2.97M	Munich Private Equity	47/100
5th	RedCircle 2018, San Francisco (United States), Series A	Provider of a marketplace for podcast hosting and analytics solution for marketing campaigns	$8M	EPIC Ventures, Refinery & 11 others	44/100
6th	Vibenomics 2016, Fishers (United States), Acquired	Music and on-demand announcement platform	$36.9M	BIP Ventures, High Alpha & 5 others	44/100
7th	XAPPmedia 2012, Sacramento (United States), Series A	Voice AI for brands and media, connecting consumers to brands through voice	$17.3M	-	44/100
8th	Gumball 2015, Los Angeles (United States), Series A	Online marketplace platform for podcast sponsorships	$12M	Union Square Ventures, Good Friends & 6 others	42/100
9th	Podsights 2018, United States, Acquired	Cross-platform analytics and attribution for podcast advertising	$5.5M	Newark Venture Partners, Greycroft & 7 others	42/100
10th	SiriusXM Media 2017, Oakland (United States), Unfunded	Provider of audio advertising solutions across multiple platforms	-	-	41/100