Pattern89 Raises $3.5 Million to Grow Paid Social AI Platform

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Summary

INDIANAPOLIS--( BUSINESS WIRE )-- Pattern89 , which offers a unique artificial intelligence platform to improve paid social advertising results, announced today that it has raised $3.5 million in additional funding.The platform collects and translates billions of data points, accounting for hundreds of millions in advertising spend, into real-time actionable insights that marketers can use to build the most effective paid social ad campaigns."Pattern89 is delivering incredible results for marketing teams due to their extensive investment in data science and AI.Their proprietary algorithms are impressive and improving the performance of social media campaigns for their early customers who are seeing significant revenue gains from the platform," said Monica Luechtefeld, board observer and former Executive Vice President at Office Depot.Pattern89 combines the power of AI with unprecedented Facebook and Instagram advertiser data to help brands discover the ad elements that most impact paid social performance.

$ Funding

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Amount $3.5M Total raised
Date October 23, 2018 Announcement date
Investors - Lead investors
Company www.pattern89.com Funded company

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Fintech & Banking
applications
AI & Machine learning

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