Fundraising Fox

xAD

New York, US · Delaware corporation · 1 known investors

xad.com

GroundTruth (formerly xAd) is a location-based advertising and marketing platform that helps advertisers and brick-and-mortar retailers reach and engage customers using location data and visit-driven insights. It offers products including cost-per-visit advertising, a self-serve Ads Manager, and its Blueprints location technology, operating across 21 countries.

AdTechData & InfrastructureMarketing Tech

Founders & leadership

DS
Dipanshu SharmaFounder
SM
Stephen McCarthyExecutive
SJ
Steven J. MurrayNamed on SEC filing
EW
Emerick WoodsNamed on SEC filing
CH
Craig HagopianNamed on SEC filing

Board

AN
Anders N. RichardsonBoard director
DP
Dennis PhelpsBoard director
JG
Jason GreenBoard director
SM
Steve MurrayBoard director
WZ
William ZerellaBoard director
JC
John CostelloBoard director
MA
Magid AbrahamBoard director

Investors · 1

Reported raises · per SEC filings

Form D private placements

$99.5M disclosed across 4 rounds · 2011–2018

$18MraisedJul 2018 · 1 investors · Computers
Rule 506(b)
Officers, directors & promoters on the filing
  • Magid AbrahamDirector
  • Jason GreenDirector
  • Steven MurrayDirector
  • Anders RichardsonDirector
  • John CostelloDirector
  • Christopher D. YamaokaExecutive Officer
  • Stephen W. McCarthyExecutive Officer
  • Sunil KumarExecutive Officer
  • William ZerellaDirector
  • Ricky SandlerDirector
Offering amount
$18M
Amount sold
$18M
First sale
Mar 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$42.5MraisedNov 2016 · 5 investors · Computers
Rule 506(b)
Officers, directors & promoters on the filing
  • William ZerellaDirector
  • Anders N. RichardsonDirector
  • Dennis PhelpsDirector
  • Jason GreenDirector
  • Steve MurrayDirector
  • John CostelloDirector
  • Magid AbrahamDirector
  • Dipanshu SharmaExecutive Officer, Director
  • Stephen McCarthyExecutive Officer
Offering amount
$42.5M
Amount sold
$42.5M
First sale
Nov 2016
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$35MraisedSep 2014 · 6 investors · Computers
Rule 506(c)
Officers, directors & promoters on the filing
  • Emerick WoodsDirector
  • Anders N. RichardsonDirector
  • Dipanshu SharmaExecutive Officer, Director
  • Steven J. MurrayDirector
  • Magid AbrahamDirector
  • Stephen McCarthyExecutive Officer
  • Jason GreenDirector
  • Dennis PhelpsDirector
Offering amount
$35M
Amount sold
$35M
First sale
Aug 2014
Incorporated
Corporation, Delaware
Federal exemptions
06c
Full filing on SEC EDGAR ↗
$4MraisedJan 2012 · 5 investors · Computers
Rule 506(b)
Officers, directors & promoters on the filing
  • Dipanshu SharmaExecutive Officer, Director
  • Steven J. MurrayDirector
  • Emerick WoodsDirector
  • Anders N. RichardsonDirector
  • Jason GreenDirector
  • Craig HagopianExecutive Officer
Offering amount
$4M
Amount sold
$4M
First sale
Nov 2011
Incorporated
Corporation, Delaware
Federal exemptions
06
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does xAD do?
GroundTruth (formerly xAd) is a location-based advertising and marketing platform that helps advertisers and brick-and-mortar retailers reach and engage customers using location data and visit-driven insights. It offers products including cost-per-visit advertising, a self-serve Ads Manager, and its Blueprints location technology, operating across 21 countries.
Who founded xAD?
xAD was founded by Dipanshu Sharma.
Who are xAD's investors?
xAD's investors include W Capital Partners.
How much funding has xAD raised?
xAD has disclosed $99.5M raised across 4 rounds.
Where is xAD headquartered?
xAD is headquartered in New York, US.