Valid, an AI-enabled ad agency transforming digital advertising, announced $5.5 million in seed funding led by Canaan Partners. Neo, J Ventures. And strategic investors, including Reddit CEO Steve Huffman and search ads pioneer Scott Banister also participated in the round. This latest funding round brings Valid’s total raised to $7.3 million and fuels its mission to make sophisticated advertising strategies accessible to all sizes of businesses.
As advertising technology has advanced dramatically, running effective ad campaigns requires expertise and significant manual effort. And a majority of ad spend flows through agencies that rely on human-intensive processes, creating inefficiencies and limiting accessibility. Valid is changing this by replacing these outdated agency models with AI-enabled systems that manage everything from attribution to ad delivery.
Since launching, Valid has unlocked millions of dollars in revenue for dozens of mobile apps, B2B SaaS companies, and e-commerce brands, including Aragon AI, Julius AI, TapTapSend, Fuelin, and many more. Early customers have leveraged Valid’s AI-powered platform to:
1.) Grow from TestFlight to 100,000 users;
2.) Increase return on ad spend (ROAS) by 2 times
3.) Reduce customer acquisition costs (CAC) by 80%
With this funding round, Valid plans to accelerate research and development, expand its customer base, and hire top engineering, AI, and marketing talent.
KEY QUOTES:
“Innovation in adtech has long meant incrementally differentiated point solutions with diminishing ROI. Valid’s is a totally new approach: a fully superior service. Traditional ad agencies rely on manual insights to optimize campaigns, but Valid’s technology enables businesses to achieve superior results at a fraction of the cost. We see a massive opportunity for Valid to redefine how digital advertising is executed entirely.”
- Jared Newman, principal at Canaan
“Advertising powers 2% of global GDP, yet the industry still operates with archaic methods. We founded Valid to automate the complexity of running ads, so businesses – whether a corner store or a venture-backed startup – can compete on a level playing field. Our vision is an ad agency that isn’t constrained by human bandwidth, but one that scales infinitely through AI.”
- Rahul Bhardwaj, co-founder and CEO of Valid
“Valid executes ad campaigns with the precision of a founding team and the analytical rigor of engineers. Their data-driven approach ensures every decision is backed by metrics and every campaign is optimized for results.”
- Wesley Tian, CEO of Aragon AI
