TripleLift Acquisition, Valuation, Funding & Investors

TripleLift was acquired by Vista Equity Partners for $1.4B in March 2021.

TripleLift acquisition price

$1.4B

Acquired by Vista Equity Partners · Mar 2021

Cumulative funding TripleLift raised

$15M

across 2 funding rounds

Key investors in TripleLift

  • True Ventures
  • Inovia Capital
  • NextView Ventures
  • Laconia Ventures
  • (ERA) Entrepreneurs Roundtable Accelerator
  • Social Starts
  • Employee Stock Option Fund
  • Edison Partners

TripleLift Overview

About TripleLift

TripleLift is a New York-headquartered native advertising platform utilizing computer vision to automate ad creative production and placement. The technology analyzes content from publishers like The New York Times and Conde Nast to generate contextual ads across web, CTV, and apps. Founded in 2012, TripleLift serves 1,200 advertisers and reaches 1 billion monthly users, powering campaigns for brands such as Coca-Cola and Verizon.


Founded

2012

HQ

United StatesNew York City, NY

Status

Acquired

Customer focus

B2B

Revenue model

Usage-based, Subscription

Valuation

$38M (Jun 2015)

TripleLift Acquisition

TripleLift was acquired by Vista Equity Partners for $1.4B on 29 March 2021.

Before the acquisition TripleLift had raised $15M across 2 funding rounds.

TripleLift acquisition details
AcquirerDateTypePrice
  • Vista Equity Partners
29 Mar 2021PE buyout$1.4B

TripleLift Valuation

TripleLift is currently valued at $38M, based on its Series B in June 2015.

The $11M round was led by Edison Partners, with participation from Laconia Ventures, NextView Ventures, True Ventures, Inovia Capital and Employee Stock Option Fund.

TripleLift's valuation has moved from $38M at its Series A in March 2014 to $38M in June 2015, across 2 priced rounds.

TripleLift valuation by funding round

TripleLift valuation by funding round
DateStageValuation
Jun 2015Series B$38M
Mar 2014Series A$38M

TripleLift Funding History

TripleLift has raised a total of $15M across 2 funding rounds.

TripleLift's first fundraising round was a $4M Series A in March 2014. The most recent completed round was a $11M Series B in June 2015.

TripleLift funding rounds

TripleLift funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jun 2015Series BEdison Partners (lead); Laconia Ventures; NextView Ventures; True Ventures; Inovia Capital; Employee Stock Option Fund$11M$38MTripleLift is a New York-based programmatic native advertising platform founded in 2012 that enables in-feed native ads respecting user, publisher, and advertiser experiences. The company partners with over 1,500 premium publishers including Conde Nast, The Atlantic, and Hearst Newspapers, growing from under 100 to 1,400 publishers in a year while adding 30-40 weekly. It achieved 533% year-over-year revenue growth since inception and employs around 50 people, planning to double headcount and expand to Europe starting with the UK using funding proceeds. In a Series B round around June 2015, TripleLift raised $10.5 million led by Edison Partners, with participation from iNovia Capital, True Ventures, Laconia Capital, and NextView Ventures, bringing total funding to $16.6 million. Prior rounds included $2.1 million seed in 2013 and $4 million Series A. The post-money valuation stood at $38 million. Funds support sales and marketing expansion, R&D for new products, and building the industry's first native advertising exchange to maintain lead in the emerging programmatic native ad market. TripleLift focuses on mobile traction and direct sales for publishers amid low fill rates in the new native market, positioning against banner ads with scalable programmatic technology.
Mar 2014Series ATrue Ventures (lead); Laconia Ventures; Social Starts; (ERA) Entrepreneurs Roundtable Accelerator; NextView Ventures; Liberty City Ventures; Victoria Grace; Inovia Capital; The Social Internet Fund$4M$38MTripleLift is a native advertising technology platform for the visual web, transforming brand images into native ads that match publisher sites using real-time bidding. The company serves Fortune 1000 brands including Gap, General Mills, Kohler, and Nissan, focusing on image-centric ads optimized via computer vision and dynamic templating. In March 2014, TripleLift raised a $4 million Series A round led by True Ventures, with participation from iNovia Capital, NextView Ventures, Liberty City Ventures, Social Starts, Laconia Ventures, the Social Internet Fund, and others including Entrepreneurs Roundtable Accelerator. Funds supported engineering hires, hardware for ad tech, and office expansions in Chicago and Los Angeles. A post-money valuation of $38 million is associated with rounds around this period.

Who has invested in TripleLift?

11 investors have backed TripleLift across its funding rounds, including True Ventures, Inovia Capital, NextView Ventures, Laconia Ventures, (ERA) Entrepreneurs Roundtable Accelerator and Social Starts.

Lead investors include Edison Partners and True Ventures.


TripleLift Investors

Investors in TripleLift by funding rounds participated
InvestorHQRoundsRoleFirst check
Laconia VenturesUnited StatesNew York City, NY2ParticipantMar 2014
NextView VenturesUnited StatesUnited States2ParticipantMar 2014
True VenturesUnited StatesSan Francisco, CA2LeadMar 2014
Inovia CapitalCanadaMontreal2ParticipantMar 2014
Social StartsUnited StatesSan Francisco, CA1ParticipantMar 2014
(ERA) Entrepreneurs Roundtable AcceleratorUnited StatesNew York City, NY1ParticipantMar 2014
Liberty City VenturesUnited StatesNew York City, NY1ParticipantMar 2014
Victoria GraceUnited StatesNew York City, NY1ParticipantMar 2014
Employee Stock Option FundUnited StatesSan Francisco, CA1ParticipantJun 2015

This data is available for Pro users. Sign up to see all 11 TripleLift investors.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

Acquisitions by TripleLift

TripleLift has acquired 1 company to date.

Last acquisition by TripleLift was on March 21st 2022. TripleLift acquired 1plusX, a TripleLift company for $150M.


Latest Acquisitions by TripleLift

1plusX, a TripleLift company
Description
1plusX, a TripleLift company, is a Berlin-headquartered platform that equips publishers and advertisers with tools for managing first-party data. Its real-time data management, clean room technology, and connected TV solutions enable personalized content delivery and ad optimization. Clients including Axel Springer, Le Figaro, South China Morning Post, and Tegna leverage these services across Europe and North America following the March 2022 acquisition by TripleLift.
HQ CountrySwitzerland
HQ City
-
Deal Date21 Mar 2022
Valuation$150M
EV/Revenue
EV/EBITDA

This data is available for Pro users. Sign up to see all TripleLift acquisitions and their M&A valuation multiples.

Start Free Trial

TripleLift Competitors

TripleLift competitors include listed companies like Digital Turbine and Taboola, and private ones like VideoAmp, CHEQ, iSpot.tv and Swiftly.

Public and private companies comparable to TripleLift
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
VideoAmpUnited StatesUnited StatesPrivate$100M-$1.4B14.0x
Digital TurbineUnited StatesUnited StatesPublicly listed$565M$85M$1.3B2.7x
CHEQIsraelTel AvivPrivate$4M-$1B250.0x
iSpot.tvUnited StatesSeattle, WAPrivate$75M-$1B13.3x
SwiftlyUnited StatesSeattle, WAPrivate--$1B-
TaboolaUnited StatesUnited StatesPublicly listed$1.9B$121M$993M0.5x

TripleLift Public Comps

TripleLift is no longer listed, but its public comps include Digital Turbine, Taboola, Vobile, Ibotta, MNTN, Criteo, PubMatic, DoubleVerify, Septeni Holdings and Affle 3i.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Digital Turbine$565M$85M2.9x2.7x19.4x12.0x
Taboola$1.9B$121M0.5x0.5x8.4x4.5x
Vobile$366M$63M3.1x2.6x18.0x20.1x
Ibotta$342M$7M2.5x2.4x114.9x15.3x
MNTN$290M($10M)2.1x1.8x(63.5x)6.7x
Criteo$1.9B$323M0.4x0.7x2.2x2.1x
PubMatic$283M$22M2.4x2.3x30.9x10.1x
DoubleVerify$748M$136M2.7x2.5x14.6x7.4x

This data is available for Pro users. Sign up to see all TripleLift competitors and their valuation data.

Start Free Trial

Common questions about TripleLift

When was TripleLift founded?TripleLift was founded in 2012.
Where is TripleLift headquartered?TripleLift is headquartered in New York City, NY, United States.
Is TripleLift publicly listed?No, TripleLift was acquired by Vista Equity Partners in March 2021.
Who acquired TripleLift?TripleLift was acquired by Vista Equity Partners in March 2021.
How much was TripleLift acquired for?TripleLift was acquired for $1.4B in March 2021.
What is TripleLift's valuation?TripleLift was last valued at $38M in its Series B in June 2015.
How much funding has TripleLift raised?TripleLift has raised $15M across 2 funding rounds.
What was TripleLift's last funding round?TripleLift's last funding round was a $11M Series B in June 2015, led by Edison Partners.
Who are TripleLift's investors?TripleLift's investors include Laconia Ventures, NextView Ventures, True Ventures, Inovia Capital, Social Starts, (ERA) Entrepreneurs Roundtable Accelerator, Liberty City Ventures, Victoria Grace, Employee Stock Option Fund, Edison Partners and 1 other.
Which companies are comparable to TripleLift?Companies comparable to TripleLift include VideoAmp, Digital Turbine, CHEQ, iSpot.tv, Swiftly and Taboola.
How many companies has TripleLift acquired?TripleLift has acquired 1 company, including 1plusX, a TripleLift company.
What was the largest acquisition by TripleLift?The $150M acquisition of 1plusX, a TripleLift company in March 2022 is the largest acquisition TripleLift has made to date.

See companies similar to TripleLift

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial