Waymark - About the company
Waymark is a series A company based in Detroit (United States), founded in 2010 by Nathan Labenz and Jay Gierak. It operates as a Provider of an AI platform for generating video advertisements. Waymark has raised $5.7M in funding from investors like Invest Detroit, Automation Alley and North Coast Technology Investors. The company has 84 active competitors, including 15 funded and 2 that have exited. Its top competitors include companies like Idomoo, Reforged Labs and Tyroo.
Company Details
Provider of an AI platform for generating video advertisements. The platform enables users to create video ads using existing brand assets. It offers features such as script writing, editing, voiceovers, and translations. The platform supports variations in aspect ratios, lengths, and languages.
- Website
- waymark.com
- Social
- Email ID
- *****@waymark.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2010
Location
Detroit, United States
Stage
Series A
Total Funding
$5.7M in 7 rounds
Latest Funding Round
Investors
Ranked
1st among 84 active competitors
Employee Count
27 as on Dec 31, 2023
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Waymark's funding and investors
Waymark has raised a total funding of $5.7M over 7 rounds. Its first funding round was on 2010. Its latest funding round was a Series A round on Jun 25, 2020 for $*****. 1 investor participated in its latest round. Waymark has 10 institutional investors.
Here is the list of recent funding rounds of Waymark:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 25, 2020 | 7572465 | Series A | 5047265 | 3386418 | 6561154 | 9517004 |
Jun 18, 2017 | 2592647 | Series A | 1489289 | 6473713 | 8652610 | 4213781 |
Dec 01, 2014 | 4710377 | Series A | 6620406 | 2168796 | 6653839 | 3878242 |
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Waymark's founders and board of directors
Founder? Claim ProfileThe founders of Waymark are Nathan Labenz and Jay Gierak.
Here are the details of Waymark's key team members:
- Nathan Labenz: Co-Founder of Waymark and founder of 2 other companies, Cheech and Chong’s Cannabis Company and Stik.com.
- Jay Gierak: Co-Founder & Board Member of Waymark.
- Alex Persky Stern: CEO of Waymark.
View details of Waymark's Founder profiles and Board Members
Waymark's employee count trend
Waymark has 27 employees as of Dec 23. Here is Waymark's employee count trend over the years:
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Waymark's Competitors and alternates
Top competitors of Waymark include Idomoo, Reforged Labs and Tyroo. Here is the list of Top 10 competitors of Waymark, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Waymark 2010, Detroit (United States), Series A | Provider of an AI platform for generating video advertisements | $5.7M | 61/100 | |
2nd | Personalized video cloud platform | $27M | 58/100 | ||
3rd | Reforged Labs 2023, San Francisco (United States), Seed | AI based video ad creation platform for enterprises | $3.9M | 55/100 | |
4th | Platform offering ad video creation software. | $1.24M | 54/100 | ||
5th |  AdPipe 2021, Athens (United States), Series A | AI based platform offering video ad creation software | $21M | 51/100 | |
6th | Vidsy 2014, London (United Kingdom), Series B | Online community for creative video making | $23.7M | 48/100 | |
7th | Video ads and visual content creation platform | $16M | 47/100 | ||
8th | Graphic Design 2018, India, Unfunded | Cloud-based video ad & logo design creating solutions provider | - | - | 46/100 |
9th | Scanta 2016, San Francisco (United States), Funding Raised | AI and AR/VR solutions transforming businesses through innovation and immersive experiences | - | 43/100 | |
10th | Uru 2016, New York City (United States), Acquired | AI-powered video solutions transforming digital marketing, home fitness, and rehabilitation | $800K | 43/100 |
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Waymark's Investments and acquisitions
Waymark has made no investments or acquisitions yet.
News related to Waymark
Filter this listMedia has covered Waymark for a total of 6 events in the last 1 year, 2 of them have been about company updates and 2 about partnerships.
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Michael Tuminello Joins Waymark as Director of ProductTV Tech•May 28, 2025•Waymark, Innovid, Flashtalking, Mediaocean and 1 other
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Comcast Advertising Launches AI Ad-Creation Platform with WaymarkTV Tech•May 21, 2025•Comcast Advertising, Waymark
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Paramount Advertising Brings AI-Generated Ads to Pluto TV, Paramount+TV Tech•Jul 22, 2024•Paramount, Waymark
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Waymark Named a Top 50 Digital Health Startup by CB Insights for Second YearWaymark•May 12, 2024•Waymark
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