A group of Ukrainian investors has provided angel pre-seed funding to Ukrainian startup Adsme, which specializes in predicting the success of advertising in Meta Ads using its own AI technology. This was reported to AIN.UA by Adsme.
The size of the round is not disclosed, but it is expected that it will allow the startup to expand its activities and grow to $100 million in revenue per year over the next five years. The startup’s current performance is not disclosed. It is not known who the angel investors are.
The startup is working on predicting the success of advertising campaigns in Meta Ads using its own AI. These forecasts should help businesses use their advertising budgets more efficiently, — AIN.UA reports.
The funds raised will be used to hire new employees: developers and machine learning experts. The team also plans to invest in research and development of its own AI technology for big data analysis to collect more accurate data for SMEs and advertising agencies.
“We are pleased to receive support for our mission from investors,” commented Daniil Orlov, co-founder of Adsme, “Our goal is to help businesses around the world use their advertising budgets efficiently and maximize their profits.
