Fundraising Fox

liveramp.com/ (opens in new tab)

Acquired

San Francisco, US Β· 3 known investors

liveramp.com β†—

LiveRamp Ventures is the investment arm of LiveRamp, backing startups building in AI-driven marketing, data collaboration standards, customer personalization, premium internet advertising, programmatic efficiency, and identity resolution. It invests from seed through Series B in the U.S. and Europe, offering industry experience and a partner network alongside capital.

Also known as LiveRamp Β· LiveRamp Holdings

AdTechData & InfrastructureMarketing Tech

Founders & leadership

SH
Scott HoweCEO

Investors Β· 3

Company profile

researched Aug 2026

LiveRamp operates a data collaboration network that lets companies unify, manage, and activate data across the digital marketing and advertising ecosystem. The platform spans identity resolution, audience activation across media platforms, measurement and analytics, collaborative data clean rooms, a data marketplace, and enterprise identity frameworks intended to break down internal data silos. Its RampID identifier is widely used across the ad tech ecosystem as a shared identity currency for campaign resolution and performance comparison between agencies and vendors.

The company describes itself as interoperable by design, connecting more than 25,000 publisher domains and over 500 technology and data partners across 14 markets, and serving brands, retailers, media platforms, and data providers. Activation reach includes major consumer platforms such as Disney, Hulu, Pinterest, Snap, Spotify, Netflix, and TikTok. LiveRamp emphasizes platform neutrality and data controls, and positions its network as a source of first-, second-, and third-party signals for AI agents and AI-driven marketing use cases.

As of May 2026 LiveRamp had approximately 1,300 employees and 846 direct subscribing customers, down from more than 900 in late 2024, with a revenue base described as highly recurring and a trailing five-year CAGR of 13%.

Business model

LiveRamp sells a subscription software platform for data collaboration, identity, activation, and measurement, primarily to large enterprises. Its customer base of 846 direct subscribers comprises brands, retailers, media sellers, and data owners, and its revenue base is described as highly recurring.

Subscription-based software packages sold to enterprise customers; revenue is characterized as highly recurring with a trailing five-year CAGR of 13% as of May 2026.

Traction

As of May 2026, the company reported approximately 1,300 employees, 846 direct subscribing customers (down from more than 900 in late 2024), connections to over 25,000 publisher domains, more than 500 technology and data partners, and a trailing five-year revenue CAGR of 13%.

Latest developments

On May 17, 2026, Publicis Groupe announced an agreement to acquire LiveRamp in an all-cash transaction at $38.50 per share, a $2.167 billion enterprise value and $2.546 billion equity value, a 29.8% premium to the May 15, 2026 closing price. Publicis said it will combine LiveRamp's clean rooms, data connectivity, marketplace, and partner network with Epsilon's identity, Publicis Sapient, and the Marcel agentic platform, and raised its 2027-2028 constant-currency growth objectives to +7% to +8% net revenue and +8% to +10% headline EPS. LiveRamp released full-year 2026 earnings materials early alongside the announcement. The company also announced the addition of Meta to its Cross-Media Intelligence offering.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

LiveRamp has been described as sitting at the heart of programmatic interoperability, with RampID serving as the most common shared identity currency in ad tech. Following its 2024 acquisition of Habu and WPP's takeover of InfoSum, LiveRamp was characterized as the last independent player in the data collaboration category prior to the Publicis agreement. It was named a Leader in the 2025 IDC MarketScape for data clean room technology and a Leader in Data Collaboration in Snowflake's 2026 Modern Marketing Stack Report.

Positioning rests on scale of network connectivity, interoperability across identifiers, platforms and clouds, and strict platform neutrality β€” a stance CEO Scott Howe has described using a "Switzerland" analogy, framing LiveRamp as a neutral arbiter for competing market participants. Industry commentary notes that this neutrality is central to its value and is called into question by the pending Publicis ownership.

Technology

Core technology includes identity resolution built around RampID, data clean rooms for privacy-preserving collaboration, connectivity across identifiers, platforms, clouds, and AI agents, and a modular, composable platform architecture. The company markets interoperability and platform neutrality as design principles and positions its signal network as fuel for AI agents.

Go-to-market

Direct enterprise sales complemented by a partner network of more than 500 technology and data partners and integrations with publishers, clouds, and major media platforms, alongside customer case studies, analyst recognition, and content marketing such as newsletters and ebooks.

Large enterprise brands, retailers, publishers and media sellers, advertising platforms, agencies, and data providers. Named customers and case studies include Costco Wholesale, Netflix, Whirlpool/KitchenAid, DICK'S Media, Hill's Pet Nutrition, Comcast, Albertsons, and the American Cancer Society.

Geography

Headquartered in San Francisco, US, with operations across 14 markets.

History

LiveRamp acquired data clean room company Habu in 2024, consolidating the data collaboration category; WPP's takeover of InfoSum the following year left LiveRamp as the sole independent vendor in that category. In May 2026 LiveRamp agreed to be acquired by Publicis Groupe, which had previously acquired Epsilon in 2019 and Lotame roughly a year before the LiveRamp deal.

Risks & controversies

Industry commentary highlights that LiveRamp's loss of independence under Publicis ownership may undermine its neutral "Switzerland" positioning, since rival holding companies have pulled back from working with Publicis-owned businesses such as Citrus, Epsilon, and Conversant, and RampID is used as a neutral benchmark in agency and vendor evaluations. Other noted concerns include a declining direct customer count (846, down from more than 900 in late 2024), high pricing that limits the customer base to large enterprises, and open questions about whether Publicis can maintain platform interoperability.

Compiled by commissioned research from 3 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Acquired net cashMay 2026$379M
Acquisition price per shareMay 2026$38.5
Connected publisher domainsMay 202625,000 domains
Direct subscription customersMay 2026846 customers
EmployeesMay 20261,300 people
Enterprise value in Publicis acquisitionMay 2026$2.2B
Equity value in Publicis acquisitionMay 2026$2.5B
Markets servedMay 202614 markets
Technology and data partnersMay 2026500 partners
Trailing five-year revenue CAGRMay 2026$13

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 7

launches, deals, and filings
May 2026
Publicis Groupe agrees to acquire LiveRamp for $2.2 billion enterprise value

Publicis Groupe entered into an agreement to acquire LiveRamp in an all-cash transaction at $38.50 per share, representing a total enterprise value of $2.167 billion and total equity value of $2.546 billion, including acquired net cash of $379 million. The price is a 29.8% premium to LiveRamp's closing share price on May 15, 2026. The transaction was unanimously approved by both boards.

$2.2B source β†—

Jan 2026
Named a Leader in Data Collaboration in Snowflake's 2026 Modern Marketing Stack Report

source β†—

Jan 2026
LiveRamp adds Meta to Cross-Media Intelligence

source β†—

Jan 2025
Named a Leader in 2025 IDC MarketScape: Worldwide Data Clean Room Technology for Advertising and Marketing Use Cases

source β†—

Jan 2025
Won the 2025 Google Cloud DORA Award for Operational Excellence and Automation

source β†—

Jan 2024
LiveRamp acquired data clean room company Habu

source β†—

Jan 2024
Named a 2024 Google Cloud Industry Solutions – Technology: Retail Partner of the Year

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

β–ΈResearch sources Β· 3

primary sources listed

3 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does liveramp.com/ (opens in new tab) do?
LiveRamp is a global data collaboration and identity platform being acquired by Publicis Groupe for $2.2B.
Who are liveramp.com/ (opens in new tab)'s investors?
liveramp.com/ (opens in new tab)'s investors include Canaan Partners, Felicis Ventures, NFX.
Where is liveramp.com/ (opens in new tab) headquartered?
liveramp.com/ (opens in new tab) is headquartered in San Francisco, US.